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EURGBP approaching a potential sell area

Discussion in 'Technical Analysis' started by FXStreet_Team, Jan 25, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    EURGBP, Weekly ECB’s Draghi said last week that global monetary policies will diverge for a while. The central bank head said the Fed hike signaled the improving economy and was “flawlessly executed”. He added that its too early to say that sentiment has changed, and repeated yesterday’s comments that he is concerned about the outlook for inflation and determined to reach the price-stability mandate. Draghi stressed again that the ECB has “plenty of instruments” as well as “the determination,

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