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
Chris is a proprietary trader with more than 20 years of experience across various markets, including currencies, indices and commodities. As a senior analyst at FXEmpire since the website’s early days, he offers readers advanced market perspectives to navigate today’s financial landscape with confidence.
