JohnnyPurtoy98

EURGBP - stuck in a bearish channel

FX:EURGBP   Euro / British Pound
This pair seems to be stuck in a bearish channel over the last few months. This pair has not been as volatile and is lacking momentum, compared to what we have seen previously. This is mainly due to Brexit negotiations and both the UK and the EU having a lot of negative media associated around them. It is likely that as we get closer to the Brexit date we could see this pair become much more volatile, we would need to wait for the price to breakout this channel first though. I will keep everyone updated on Brexit information and chart patters over the coming months leading to Brexit.

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