EUR/GBP Forecast June 13, 2016, Technical Analysis

The EUR/GBP pair rose during the course of the day on Friday, as it continues to grind around in this general vicinity. At this point in time, I’m not overly interested in trading this market, but I do admit that a break above the 0.79 level would more than likely send this market looking for the 0.80 level above there. As far selling is concerned, I don’t have any interest in buying the British pound at the moment, so quite frankly I don’t think I’m going to be doing that anytime soon.

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