The EUR/GBP pair initially trying to pull back a little bit during the course of the week, but then broke above the 0.85 handle. Because of this, the
The EUR/GBP pair initially trying to pull back a little bit during the course of the week, but then broke above the 0.85 handle. Because of this, the market looks as if it is ready to continue going higher, as the British pound continues to get absolutely pummeled over the longer term due to the vote to leave the European Union. With this, I think we will continue to go higher, but more than likely it’s going to be easier to deal with on short-term charts rather than long.
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.
