In our last blog post, we (Santoshtiwari and UKTrader) presented our analysis on an upward direction for EUR and GBP in the medium and long term. Our view was that we may see the sharp spikes in downward direction due to news but the direction overall would remain up. This has proved right as of now and we have been able to plan our trades according to that. The reasoning is quite evident; notwithstanding Greek problems, the Euro is here to stay. Read more