The EUR/GBP pair went back and forth during the course of the week, but eventually bounced enough to form a nice-looking hammer. The hammer touching the
The EUR/GBP pair went back and forth during the course of the week, but eventually bounced enough to form a nice-looking hammer. The hammer touching the 0.85 level of course. If we can break above there, the market should continue to go much higher and it makes sense as the British pound of course is being shunned buying the worlds traders. Ultimately, this is a market that should continue to go much higher, as the British pound of course brings in so much uncertainty with the voting to leave the European Union.
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.
