The EUR/GBP pair had yet another choppy day on Wednesday as the market seems content to hang about the 0.85 level. Currently, I don’t really see much in
The EUR/GBP pair had yet another choppy day on Wednesday as the market seems content to hang about the 0.85 level. Currently, I don’t really see much in the way of a trading opportunity when it comes to this pair, as both currencies are struggling overall. As soon as we produce an impulsive candle, that will change, and I am the first to admit that I have more of a downward bias currently. However, this market is not producing anything as far as trading signals are concerned, so I am content to sit on the sidelines.
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.
