EUR/GBP Forecast March 29, 2017, Technical Analysis

The EUR/GBP pair continues to be volatile, initially falling during the session on Tuesday but finding enough bullish pressure to turn things around and form a nice looking candle. It looks as if we are going to continue to go higher, and with this being the case it’s likely that the buyers will return today. However, there is a certain amount of resistance above so I think we will continue to see very choppy back and forth type of trading with a slightly upward bias. Pullbacks should continue to be buying opportunities.

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