EUR/GBP Forecast July 21, 2016, Technical Analysis

The EUR/GBP pair fell slightly during the course of the session on Wednesday, but as you can see has quite a bit of noise just below. Because of this, it’s very likely that we will get a bounce sooner or later. It makes sense also about the Euro would continue to strengthen against the Pound, due to the United Kingdom choosing believe the European Union. However, this is a market that tends to be very choppy and volatile, so with this being the case it’s likely that we will see more of a grind to the upside more than anything else. - 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.

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