The EUR/GBP pair went higher during the course of the session on Thursday, testing the 0.7150 region. This is an area that should significantly put a bit
The EUR/GBP pair went higher during the course of the session on Thursday, testing the 0.7150 region. This is an area that should significantly put a bit of a roadblock to this market going higher. With that, although we recognize of this market is starting to show signs of bullishness, we are bit hesitant to get involved as it is easier to trade the Euro and the Pound against other currencies around the world. In the meantime, we will simply observed the daily charts in order to see if there is a trading opportunity in this particular marketplace.
EUR/GBP Forecast August 21, 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.
