EUR/GBP Forecast September 1, 2017, Technical Analysis

The EUR/GBP pair has been very volatile during the last couple of sessions, but I think if we can break above the 0.9250 level, the market should continue to go higher, as it has been in an uptrend for some time. I think that the 0.92 level underneath is a certain amount of support just waiting to happen, so I look at this as an opportunity to take advantage of value in this market. It will continue to be choppy, but the uptrend still is very much intact. Ultimately, I don’t have any interest in selling into we break down below the 0.90 level.

EUR/GBP Video 01.9.17