EUR/GBP Forecast May 25, 2016, Technical Analysis

The EUR/GBP pair broke down during the course of the session on Tuesday, making a fresh, new low. Because of this, and the fact that we have broken down below a couple of hammers, it looks as if we are ready to fall apart. At this point in time, we have a target of 0.75, and believe that the sellers will go looking for that area. Short-term rallies that show signs of exhaustion should be nice opportunity start selling. The candle is very long, and that of course signals that there is real conviction in the selling pressure. - 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