DislikedYes EG=EU/GU. I got that one, but here is my doubt: Bad data for Pound should make pound less stronger in any pair. Instead of that, cable remains intact and EUR/GBP benefits of bad GBP data and the loser in the hole equation is the dollar wich finally losses ground against EURO.
Why ot happens like that and not Cable dropping, EG rising and EU intact?
I know it's a matter of rates of movement but I can't understand why USD is the loser of the situation when GBP should be the one most affected.
Hope I made myself clear guys!Ignored
but now back to the market :
well, let's say that we have from this moment on a few hours in which the market will behave like a horse without a bridle.
at this time the levels to keep eye on are:
USDCHF 447-443-433
EURUSD 4100 - 4081-4043
EURGBP 8708-8699-8677-8666
The best thing that can happen to you is to find out where you're wrong.