EUR/GBP forecast for the week of March 27, 2017, Technical Analysis
The EUR/GBP pair had a volatile week, forming a slightly negative and yet neutral candle at the same time. I believe that the market may drift a little bit lower but there is significant support below, especially near the 0.85 handle. Alternately, if we can break above the top of
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The EUR/GBP pair had a volatile week, forming a slightly negative and yet neutral candle at the same time. I believe that the market may drift a little bit lower but there is significant support below, especially near the 0.85 handle. Alternately, if we can break above the top of the weekly candle, I believe that the market will then eventually go higher, perhaps even reaching towards the 0.90 handle. There is a lot of volatility in this pair, because it is essentially “Ground Zero” for the Article 50 being triggered.
EUR/GBP Video 27.3.17
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