CCY Corner: Divergent Trend on EURO & CABLE 2

The aftermath on the stock market rebound is still seen as a relief price recovery of the market after several declines were seen. Which was obviously felt by investors in the first two weeks of trading for 2016. This has given some headway for the currency market to make its own moves as prices continue its trend movements today.

Therefore choosing the 'Right Currency Cross rate' was made based on the divergent trend of price and market behavior of the two pairs that led to combination them into one trade with a fairly larger exposure. However this trade is well  defined into its process and has a limited time frame based on the price comparison / directional difference including the market's behavior and price change.

EURGBP Cross Rate OVERLAY

CCY Corner: Divergent Trend on EURO & CABLE