Tag Archives: FTSE

The combination of current sentiment and recent changes gives us a stronger GBPUSD-bearish contrarian trading bias.

The outcome of yesterday’s ECB meeting has the euro going on way, European equities the other; the inverse relationship likely to strengthen with the help of a technical breakdown in the single-currency.

The Euro looks to have completed a large Head and Shoulders topping batter, hinting a move below the 1.14 figure against the US Dollar is now ahead.

The Euro looks to be resuming the down trend launched against the British Pound in late August after the ECB policy announcement proved dovish, as expected.