The EUR/GBP fell slightly today, forming a shooting star at the 0.90 mark. This is a strong signal of weakness, but could mainly be forming as the market awaits the ECB rate decision and statement. Because of this, we are not sellers at this point, as we simply must wait to see what the ECB does before playing any market with the EUR in it. Wait until the bank announces, and then see what the market does in reaction.
Originally posted here
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