EUR/GBP has formed a double bottom around the 0.8890 spot level on the daily chart. Price has broken back into our descending channel formed from a long bearish cycle on the pair. We could see additional volatility as Brexit negotiations come to a conclusion.
Related Posts
Here are 3 quick forex facts for you as we start a new trading week in the markets: The Forex…
Dollar bulls took control of the Forex market during New York on Monday. We identified Cable as a potential short…
Creating a personal daily routine for tackling the volatile Foreign Exchange markets could be the first step you need for…
The Brexit shenanigans continue as announcements are pushed back another week. Ongoing discussions are happening over online meetings. Brexit has…
We’ve been following this pair for a long while and been sharing our thoughts with you on the telegram about…
Last week price broke out of our ascending channel on the back of strong economic data points and a positive…
In the Forex market we can predict potential price movements through the analysis of candlestick patterns and formations. In…
Top-down analysis involves zooming out and looking at the ‘bigger picture’ when trading. We advise all our traders and members…
The Foreign Exchange market is the buying and selling of currencies through a decentralized exchange and provides a platform for…
Hello guys. In this is the FX Axe forex outlook we will cover some fundamental analysis, highlights and macroeconomics. In…
Top tip. Whatever timeframe you’re working on ensure you mark key levels of support and resistance. Simply look for levels…
Forex trading is one of the toughest careers in the world because of the uncertainty in the markets, difficulties in…
A critical component to your success will be sticking to your trading plan. Here at FX we can assist and…