Eurusd/gbpusd - page 1492
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GBPUSD is struggling to take out the 1.6740 level again. This is the third attempt to break the same level. I think the buyers will break it in the next attempt. The range trading is very annoying at times. There is no major move by the pairs. The GBPUSD is also stuck in a range, Let's see whether we can witness a break in the short to medium term or not.
Tomorrow is the day. Even a slight hint of QE or rate cut will cause hysteria tomorrow
Bets that ECB will start QE are high. If they do that, what will be the FED counter-attack in the currency war? Rate cuts?
Tomorrow we are going to have another episode of Draghi being in love with Draghi. I should turn on the recording and then watch it as any other comedy. The Goldman Sachs man doing the job he is ordered to do and in the men time he pretends to be doing it for the new bosses
Waiting on ECB. This might be an interesting day after the rate decision and ECB press conference
Bets that ECB will start QE are high. If they do that, what will be the FED counter-attack in the currency war? Rate cuts?
With the risk of deflation off, we can expect the ECB to maintain the interest rates at the current 0.25%. So they may as well hold off QE for a while if we go by this data alone
Everybody waiting ECB? Seems that some are front-running again
Everybody waiting ECB? Seems that some are front-running again
They are betting on no rate cut
And now the press conference. Wait for QE word. If you hear it there will be hell
A big fat nothing and they were announcing this press conference as something BIG