The EUR/GBP pair went back and forth during the course of the week, but eventually bounced enough to form a nice-looking hammer. The hammer touching the
The EUR/GBP pair went back and forth during the course of the week, but eventually bounced enough to form a nice-looking hammer. The hammer touching the 0.85 level of course. If we can break above there, the market should continue to go much higher and it makes sense as the British pound of course is being shunned buying the worlds traders. Ultimately, this is a market that should continue to go much higher, as the British pound of course brings in so much uncertainty with the voting to leave the European Union.
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.
