The EUR/GBP pair fell significantly during the session on Tuesday, as we continue to see quite a bit of volatility in this range bound market. We now
The EUR/GBP pair fell significantly during the session on Tuesday, as we continue to see quite a bit of volatility in this range bound market. We now think that the market may try to chop its way down to the lows again, but quite frankly there’s so much in the way of volatility that we are not interested in risking any money going long or short of this pair at the moment. We feel that there are easier ways to trade both the Euro and the Pound in the Forex markets currently.
EUR/GBP Forecast August 19, 2015, Technical Analysis
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.
