MitchellShoesmith

EUR/GBP - WILL UK STAY OR LEAVE?

FX:EURGBP   Euro Fx/British Pound
I am staying well out of any trades this week as i am expecting the market to be extremely volatile with the anticipation of the EU referendum. However this is just an idea that it appears traders are taking the position that they expect the UK to stay in the EU as the Euro             declines as the GBP grows in strength. Stochastic/MACD/RSI all show a strong correlation that the Euro             is declining in value and strength against the pound in anticipation for the EU referendum. Will wait and see how this all plans out on the 23rd June.
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