Last week hopefully some people avoided the disaster in EURUSD and Crude Oil like I did. However EURGBP would be a big winner at the end. Like I said before, as long as EURGBP is your main play and consisted of over 50% of your trades you should be fine. As for me, I exited early and avoided the whole fiasco. BUT if I had hold on to my positions for 24 more hours then it would be really sweet. I would have raked in a very nice profit and still avoided the storm. What can I say? I'm spooked easily. When I sense a storm and don't know where the wind is blowing, I choose to watch from the sideline. Anyways, any small profit is better than a losing week.
So looking ahead for next week. I see no big movement in any of the pair except EURGBP. Normally I don't play the same pair two weeks in a row but I didn't really played this pair last week since I exited early and also, I don't see anything else worth playing. My prediction for this week is EURGBP going up. My target is 0.9630.