The EUR/GBP pair fell slightly during the course of the session on Friday, as we continue to roll over a bit. Ultimately though, I believe that the market
The EUR/GBP pair fell slightly during the course of the session on Friday, as we continue to roll over a bit. Ultimately though, I believe that the market has massive amounts of support just waiting to be shown, and as a result I feel that the market will find buyers sooner or later, perhaps even bouncing to a fresh, new high. With this, I believe that the 0.87 level below is massively supportive, and with that being the case sooner or later the buyers will take over in this very strong uptrend.
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.