Dislikedi noticed an interesting thing
both euro usd n gbp usd are near a strong weekly trendline
euro usd is a bit lower while gbp (stronger than euro) is very near.
yesterday night with a friend we were looking at both charts and we said "looks like gbp is waitin for euro to go near same resistance trendline then both brake up!"
well... we'll see soon!Ignored
This could well be due to traders speculating that rate rises will happen sooner on Euro than on GBP
I would have to say though , it looks as though it's Euro which has been gaining strength over GBP since last July , after testing support at the beginning of this year