EUR/GBP Forecast January 21, 2015, Technical Analysis

The EUR/GBP pair initially fell during the course of the session on Wednesday, but turned back around to form a bit of a hammer. The hammer of course is a positive candle, and the fact that it comes at the top of an uptrend is even more so positive. With that, it’s probably only a matter of time before the buyers get involved and we believe that this market should continue to find buyers every time we dip. Ultimately, the British pound is absolutely soft at this point in time, and this should continue. - The company, employees, subsidiaries and associates, are not liable nor shall they be held liable jointly or severally for any loss or damage as a result of reliance on the information provided on this website. The data contained in this website is not necessarily provided in real-time nor is it necessarily accurate.

All prices herein are provided by market makers and not by exchanges. As such prices may not be accurate and they may differ from the actual market price. bears no responsibility for any trading losses you might incur as a result of using any data within the