The EUR/GBP pair broke higher during the course of the we, making a fresh, new high on Friday. This of course is a sign of continuation and therefore we
The EUR/GBP pair broke higher during the course of the we, making a fresh, new high on Friday. This of course is a sign of continuation and therefore we think that this market should continue to go much higher. At this point in time, I believe that we will eventually reach the 0.90 level but of course that will take some time, as his pair does tend to grind overall. Remember though, the value per pip is higher than most other pairs and therefore you don’t need massive moves to make a good profit.
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.
