The euro is lower and Italian bond yields are up over 45 basis points from last week's levels as Italy's new, populist leaders challenge European Union policy on debt and migration.
Squawk / 04 October 2016 at 10:14 GMT
Analyst / PIA First
United Kingdom
EURGBP _ I know I have been chasing this beast and got caught on the gap open Monday. However, near 261.8% (daily) channel top (possible right shoulder) , one hour Doji (be nice to see a Doji Star). We could even get a Head and Shoulders.... definitely more bear than bull now
Ian Coleman - First 4 Trading Ian Coleman - First 4 Trading
Not trying to stop the train but food for thought in GBPUSD
fxtime fxtime
Agree on cable and I am looking to scale some longs although I don't think we have a change in underlying trend but a good bounce is always welcome :-)
Alessandro Milesi Alessandro Milesi
Main buyers come from EU area, politics not willing to admit Brexit could be a success for the UK, fearing others would emulate
jim7519 jim7519
totally agree with you on eurgbp. plus it looks safer than a straight long on gbpusd given the strength of the dollar at the moment
Ian Coleman - First 4 Trading Ian Coleman - First 4 Trading
wow .. didn't see that coming
Anton Bushin Anton Bushin
HI Ian, what are your thoughts for EURGBP for today?
Ian Coleman - First 4 Trading Ian Coleman - First 4 Trading
I am still a bear but it has got to painful to keep selling ... it will probably turn today now I am not in it


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