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European Open Briefing

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Jul 6, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

    Sep 9, 2015
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    There were no notable data releases or events overnight, but still plenty of volatility as Brexit fears led to risk aversion in markets. GBP/USD declined to a fresh 20-year low, trading below 1.28 at one point. It bounced from there and rose back towards 1.29, but the outlook remains bearish.[​IMG]

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