The EUR/GBP pair rallied off of the 0.85 level in order to form a nice bullish candle that I believe signals we are getting ready to continue to go much
The EUR/GBP pair rallied off of the 0.85 level in order to form a nice bullish candle that I believe signals we are getting ready to continue to go much higher. Eventually, the 0.88 level gets targeted, and then eventually the 0.90 level. It’s not necessarily that I am excited about the Euro, it’s more or less that I don’t think that the British pound can do well in this particular environment. It will be a grind, but I anticipate that we are going to go higher over the next several weeks.
Chris is a proprietary trader with more than 20 years of experience across various markets, including currencies, indices and commodities. As a senior analyst at FXEmpire since the website’s early days, he offers readers advanced market perspectives to navigate today’s financial landscape with confidence.
