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Forex Forecast: EUR/USD not a one-way bet, GBP/USD; Play the range or don't play at all

Discussion in 'Technical Analysis' started by FXStreet_Team, Nov 23, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Steven Woodcock, Senior FX Analyst for Plutus FX, joined Zak Mir on the Tip TV Finance Show to discuss some major forex pairs including EUR/USD, GBP/USD, USD/JPY and USD/CAD. EUR/USD a range trade, still chance for a bounce Woodcock outlined that he is not totally convinced that the EUR/USD is a one-way bet, with the chance for a bounce ahead. He continued that the market is factoring in ECB easing, but for now he urged to buy the dips around 1.06 and sell around 1.0740. Cable searching for

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