EUR/GBP Forecast March 15, 2017, Technical Analysis

The EUR/GBP pair rally during the day on Tuesday, as we continue to press up against the 0.88 handle. A break above there should send this market much higher, and I think that short-term pullbacks will continue to be buying opportunities. With the British pound breaking down a bit during the day against the US dollar, looks as if this market will probably continue to grind to the upside. I don’t have any interest in selling, at least not now, but course must keep an open mind as both currencies are unattractive.

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