Comments by Steve Lucas - Investing.com UK

Steve Lucas

Comments by Steve Lucas

Our first 2 targets have been met. Scope still remains to 1.6009.

Both targets met. We now look for setbacks to find fresh buying interest around .7900 with .7951/60 now the focus.

1.6201 and 1.6185 targets met.. Scope for 1.6162 but risk level is now assessed as 1.6225.

EUR/GBP: Calm Before Selling Sep 30, 2014 10:22

The market has traded to the first objective of .7784. Need to sustain levels beneath to open up .7755.

Both targets met here. Potential for a gap fill to 1.6283.

Prices have traded very close to the first target. The stop on shorts has been lowered to the entry point.

First target of 1.6950 met. Although momentum remains muted 1.6923 remains a valid objective although stops should be tight.

Traded to within 2 tics of the initial 146.76 target. Despite profit taking, sentiment remains positive.