EUR/GBP hits session highs leading into the 4pm Fix

This will be the final update here from this analyst this week and it concerns the FX prices heading into the final 4pm London FX fix of the month. As you can seem, the EUR/GBP has just now risen to fresh session highs, touching 0.8570. That has come as the EUR/USD has once again rebounded and lifted back close to the 1.1750 marker again, also leading into that fix. So, it is hard to determine which is leading the other right now, the EUR/USD or the EUR/GBP. The best guess here is that it is the EUR/GBP, hence the focus in this update. Very often with this pair it is the final fix of the month that does attract a decent sized order. The other thing to noted here; the rebound in the EUR/USD from an earlier low at 1.1708 has also forced the dollar index (USDX) back towards the 97.00 handle again. Look people, if you are involved this week in any of the markets then keep the discipline and watch the news. Especially keep an eye on those US data points listed here earlier and good luck with your trading. All things being equal this analyst will reconnect with you all next Monday