BetOnMarkets Daily Market Report (4th February) REVISED

Read the Daily Market Report from Dave Evans, Professional Trader


	Euro starts week on back foot. Morning Report: 08.30 London • Markets are generally quiet this morning after a weekend free of any notable economic shocks or surprises. • There is some movement on the euro as traders skim off some of the profits from the large move higher last week. The EUR/GBP is pulling back somewhat after UK business confidence hit an 18 month high according to newspaper reports. span> Click here to view full-sized image Click here to view full-sized image Click here to view full-sized image Coming up today: • Coming up today we have UK construction PMI at 09.30. span> • US factory orders follow at 15.00. Bet Idea: • The GBP/USD sold off heavily on Friday, but there are early signs that this move could reverse. The pound was looking over sold before the sell off, giving it even more rebound potential now. Click here to view full-sized image A good way to play this could be a HIGHER trade predicting that the GBP/USD closes above 1.5750 in 3 days time for a potential return of 128%. Click here to view full-sized image This is presented as an idea to stimulate fixed odds financial betting ideas and is not financial advice. Summary: Click here to view full-sized image

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