Dislikedwe can risk a long mabe for 100-125 pips up then any sign of a downtrend il jump on the train.Ignored
When this US cut poped, UK's rate bias changed to cut (Northern Rock event).
Now that BOE gave some early and light indication that hike's may be not over, cut from Fed in October is being slowly ruled out.
Anyways, if we get strong data from UK and Fed doesn't cut -> T-R-I-A-N-G-L-E again
Fundamentals in tandem is what sticked this rocket in euro's ass lately. Fed biased to cut + hawkish ECB: Trend trader's paradise....