hmmm, interesting insights. it shud retrace downwards a bit or may be asian session will see it move further north.

EURUSD

uk sales data — i think d olympics may hv helped this data, i expect a GU long when dat news is out, besides yesterday's data was also supported by d olympics.

Cable Update (GBPUSD)

eurusd long — was looking to long eu @ 1.2257 region, but missed d bounce at 1.2261, its amazing how market misses a pending order by as few a 1 to 4 pips, happens to me a lot.

EURUSD