- EUR: Looking to Go Long?
- GBP: Mixed Views on the British Pound
Four out of seven DailyFX Analysts are looking to go long Euros against something. Longer term traders Saettele and Sousa prefer the EUR/USD outright and expect a break of 1.60. Shorter term traders Kicklighter and Spivak like buying EUR/JPY and EUR/GBP respectively.
Rodriguez also likes long EUR/JPY but thinks the risk is too high so he's going for GBP/JPY. Ultra short term traders Lien and Schlossberg like short GBP/USD and short EUR/GBP respectively for some quick moves.
The British pound is in play this week with the trade balance numbers and the BoE rate decision due over the next 48 hours.