Looking to the crosses for some inspiration by Sean Lee

  • EUR/GBP has very nice technical support nearby at .7280/85 and this held the first test last night. With the EUR market reportedly very short and the GBP always tending towards weakness heading into an election, I favour the long side for now.
  • AUD/NZD pulled up just shy of 1.00 on Monday but I suspect that we will get another test in coming days. I expect resistance levels to start firming above 1.0220 so I am waiting for the hourly chart to start turning over before committing to a trade here.

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