Forex technical analysis: EURGBP bounces

Discussion in 'Technical Analysis' started by ForexLive, Feb 10, 2016.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
    Likes Received:
    Follows the stocks too... The EURGBP has been trending higher over the last few days. As stocks go lower, the Pavlovian reaction seems to be buy EURUSD, sell GBPUSD which translates into buying the EURGBP. If stocks go higher, the reverse happens.

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