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Forex Forecast: Yentervention ahead, GBP/USD and EUR/GBP range play

Discussion in 'Technical Analysis' started by FXStreet_Team, Apr 8, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    “BoJ Intervention likely” says Steven Woodcock, Senior Analyst at Plutus FX, as we look at the technical outlook for GBP/USD, EUR/GBP, EUR/USD and USD/JPY in today’s Forex Forecast video, joined by Zak Mir, Technical Analyst at ZaksTradersCafe. Key Quotes GBP/USD – Trading extremely heavy and the rallies are getting shallower. Buy the range floor, sell the range top as GBP remains a range trade. EUR/GBP – Party for bulls. 0.8120 - 0.8040 is the current small range – a range trade, but still

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