[4XONTARIO] EUR/USD Makeshift at 1.4872, Cable below 1.6745

 

No BUY/HOLD and/or SELL recommendations!

Both the Euro and Pound continue to edge higher against their American
counterpart.

The EUR/USD and GBP/USD are now trading at 1.4829 and 1.6692 on InterbankFX, respectively.

Bulls continue to dominate the market on the back of USD weakness seen declining
throughout the market.

You can see that the USD dollar is getting sold heavily again. Dealers say that
lack of sell orders in EUR/USD and cable is making bullish progress much easier.

Regards,

"THE PIP DISPENSER"

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