EUR/GBP

Eur/Gbp continue its consolidation movement around 0.86 level, break below immediate support zone 0.8565/60 would open the door to further downside.

ECB at 3pm today Draghi will give a speech

Uk data out tomorrow , we might get some movement worth trading , I might play into the data , possible bullish move before hand. CPI at 9.30am GMT.

Asian session is putting pressure on GBP...

I just closed my long position and now I'm waiting for further developments.

Great trade from last night , I'm going short its beginning to look weak, good trade mlawson.

It was looking like a false breakout, that's why I held my short position , I see some comments 86400 could be the next stop , I think it will go lower maybe 86000.

Closed out at 86500 as I was away from pc , we had a bounce at 86400,still it looks bearish, I will be watching around European close for any developments.

The pair is still hovering above 0.8560 but I am not sure whether a new long position is a good idea.

Bouncing in the range 86200-85800,need to break out of this range, looking at eur/usd euro looks like its heading to 06000,that would lead me to believe eur/gbp will get weaker , Article 50 could take 2 years invoke.

We have abit of a breakout on euro might be a good low risk trade for a few hundred points.

It's forming such a tight range that I am not sure about opening any position at the moment.

06804-07028 closed out eur/usd ,same here too tight a range for trading , Yellen speaks later 13.30.

We might get a slight bounce off this level 85500,just keep the stoploss tight ,expect a change in direction around 7pm.

Nice trade from 85500 ,was worth holding this position,I was keeping an eye on Eur/USD level for support around 06000.

It seems the pair has formed a psychological resistance at 0.8636 level. Any break of it will be a solid sign for a strong bullish sentiment. Will wait for a more definite trend to show up.

The pair consolidate in the negative territory around 0.86 zone, I would expect downside movement towards 0.84/85.

In my opinion the pair will keep falling, but who knows how long this consolidation will last.

Italy in focus,more downside risk for the euro 85500 could see a bounce,85260-85270 level would be the next place I would be interested in.