The EUR/GBP pair fell during the course of the day on Thursday, as the market continues to bounce around in this consolidation area. With this being the
The EUR/GBP pair fell during the course of the day on Thursday, as the market continues to bounce around in this consolidation area. With this being the case, it’s likely that the market will continue to find quite a bit of volatility. Ultimately, if we can break above the 0.78 level, the market should go higher and reach towards the 0.80 level. On the other hand, if we break down below the range that we have been in, we will continue to grind away but will struggle to do so.
Being FXEmpire’s analyst since the early days of the website, Chris has over 20 years of experience across various markets and assets – currencies, indices, and commodities. He is a proprietary trader as well trading institutional accounts.
