FXEMPIRE
All
Ad
Corona Virus
Stay Safe, FollowGuidance
World
18,739,086Confirmed
705,087Deaths
11,950,849Recovered
Fetching Location Data…
Advertisement
Advertisement
Christopher Lewis
eurgbp

The EUR/GBP pair initially tried to rally during the course of the day on Friday, but then ended up falling rather significantly. Because of this, we feel the market probably going to drift lower, heading towards the 0.70 level. On a break below the bottom of the range for Friday, we could sell, but we look at this is a short-term opportunity at best. Right now, this is one of the more choppy currency pair is that we trade, and as a result it’s one of our least favorite to risk any real money in.


 

EUR/GBP Forecast August 17, 2015, Technical Analysis

Advertisement
Don't miss a thing!
Discover what's moving the markets. Sign up for a daily update delivered to your inbox

Latest Articles

See All

Expand Your Knowledge

See All

Trade With A Regulated Broker

  • Your capital is at risk