The price action in EUR/USD was interesting to close out last week, nailing back to 1.1020. The Euro sentiment was mixed after the eurozone flash services data was mixed on Thursday, but I can see an opportunity ahead for the EUR/GBP to benefit from the weaker than anticipated UK data. The UK flash manufacturing numbers were dismal on Friday but perhaps this wasn’t fully played out in EUR/GBP. Drilling into the EUR/GBP Daily chart shows the readiness for this cross to “pop” up. As the UK Election circus rolls on, some air of caution remains around the GBP generally, which could help EUR/GBP for the short-term. The ... (full story)