Forex technical analysis: GBPUSD falls. EURGBP pushing high close

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

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
    Likes Received:
    High close this year for the EURGBP? 0.8581. Being tested The GBPUSD ran out of steam on it's rally in trading today. There is much talk on the decline in the UK 10 year which is trading at all time low levels of 0.553%. Since Brexit the 10 year yield has moved from 1.373 to the low today. The currency market may have felt a little of that yield fall.

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