EUR/GBP forecast for the week of January 25, 2016, Technical Analysis
The EUR/GBP pair initially rallied during the course the week but turned back around to form a bit of a shooting star. However, there is a significant amount of support at the 0.75 level, and extending down to the 0.74 handle. With fact, we would fully anticipate seeing some type
Most Popular
The EUR/GBP pair initially rallied during the course the week but turned back around to form a bit of a shooting star. However, there is a significant amount of support at the 0.75 level, and extending down to the 0.74 handle. With fact, we would fully anticipate seeing some type of support below that could turn this market back around. We are buyers of supportive candles and of course a break above the top of the shooting star as it shows continued bullish momentum and should send this market much higher.
Advertisement
Know where Markets is headed? Take advantage now with
Your capital is at risk