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European Open Briefing

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Oct 10, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

    Sep 9, 2015
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    EUR/USD opened at 1.1195, little changed from Friday's close, and consolidated in a 1.1175-1.12 range. GBP/USD started the day at 1.2425 and traded between 1.2390 and 1.2445 in Asia. Volatility is likely to remain high in the GBP pairs in the near-term, as renewed Brexit concerns will weigh on the currency.[​IMG]

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