Joined Jun 2006
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Status: Lifelong learning...
|777 Posts
Just looking for thoughts. If the Cable starts to move too far away from the Euro on this bullish run, are there any reasons to think a correction will be just as bearish as this bull run has been? Thanks for any input.
Life is too short to have anything but delusional notions about yourself.
Joined Mar 2006
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Status: THANK YOU MERLIN,TWEE and FF Team
|4,603 Posts
Take a look at EURGBP. There has been relatively no movment there. This pair has ranged for years. I do not believe there is much risk of these pairs diverging much. I cannot speak to the second part of your statement.
BTW, this pair, EURGBP makes a very safe hedge pair, beause it ranges so well.
Quoting hoss
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Just looking for thoughts. If the Cable starts to move too far away from the Euro on this bullish run, are there any reasons to think a correction will be just as bearish as this bull run has been? Thanks for any input.
