The EUR/GBP pair initially trying to pull back a little bit during the course of the week, but then broke above the 0.85 handle. Because of this, the
The EUR/GBP pair initially trying to pull back a little bit during the course of the week, but then broke above the 0.85 handle. Because of this, the market looks as if it is ready to continue going higher, as the British pound continues to get absolutely pummeled over the longer term due to the vote to leave the European Union. With this, I think we will continue to go higher, but more than likely it’s going to be easier to deal with on short-term charts rather than long.
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.
