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Forex Forecast: Sell USD/JPY, Play the range on EUR/USD and USD/CAD, EUR/GBP data driven

Discussion in 'Technical Analysis' started by FXStreet_Team, Nov 3, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    In today’s forex forecast, we give you the technical outlook for GBP/USD, EUR/USD, EUR/GBP and USD/CAD, with Steven Woodcock, Senior FX Analyst at Plutus FX. GBP/USD: Range-bound Woodcock notes that GBP/USD remains in a range, having failed to break out despite last week’s FOMC where Fed dropped the global issues impact from its speech. EUR/GBP: Sterling will remain firm Woodcock looks at the technical charts and notes that the previous inverse head and shoulder formation did play out. On the

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