EUR/GBP Forecast October 14, 2016, Technical Analysis

The EUR/GBP pair did almost nothing during the day on Monday, as we continue to hang about the 0.90 level. Ultimately, it looks as if we could continue to go higher given enough time but we need to build up enough momentum to actually do that. Pullbacks at this point in time should continue to offer value that traders want to take advantage of, as we grind our way towards the 0.9250 level yet again. I have notched in selling at this point in time, so having said that I’m simply looking for buying opportunities.

Eracash.com - 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. Eracash.com bears no responsibility for any trading losses you might incur as a result of using any data within the Eracash.com