Big figures contain the excitement in EUR/USD and GBP/USD via ForexLive

October 24, 2014 10:18 AM | 1 min read | Make a Comment

1.2700 and 1.6100 have held so far on a run up while the dollar had a little flip out to 107.79

That's recovered back to 107.94 and a push back above 108 will probably mark the end of a break through those big figures.

Don't discount that the UK GDP news and European bank news may cause some unwinding of shorts going into the weekend. The market was looking for the worst case outcome and they haven't/may not get it. If sentiment turns so do the prices and the trades.