EUR/GBP Forecast March 23, 2017, Technical Analysis

The EUR/GBP pair went back and forth during the day on Wednesday, showing signs of volatility yet again. I believe that the 0.8650 level continues to be slightly supportive, but it looks as if the rallies are starting to get smaller as well. Because of this, I think you will more than likely need to see the market making impulsive candle to place the next trade. I’m on the sidelines currently, but given enough time I believe that the market will lead the way and then we can start following after that. - 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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