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FxGalaxyPremium
Mar 18, 2018 7:44 PM

EURGBP Short

Euro Fx/British PoundFXCM

Description

The EUR / GBP pair was very noisy during the trading conducted the previous week, but at this point it is obvious that we are in a significant consolidation area. I think the 0.87 level below is the "floor" on the market, just as the 0.90 level above is the "ceiling". I think short-term traders will love this pair in the short term, but I think. In general, we are still very much on a bullish trend, but we are currently waiting to see how the EU-UK trade slows. Until we are clear about this situation, this pair will be more likely to make significant moves. You will be able to go down one last time up to very high levels
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