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GBP/USD attempts to break out of its current trading range

Discussion in 'Technical Analysis' started by FXStreet_Team, Oct 20, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Technical Analysis EUR/USD in limbo around 1.1330 “The ECB will certainly keep talking about the prospect as well as readiness and willingness to ease further if necessary. That’s been quite an effective tactic of keeping euro capped.” - Bank of New Zealand Ltd. (based on Bloomberg) Pair’s Outlook Even though daily technical indicators are pointing strongly to the north for now, the price of the Euro against the US currency is unlikely to move noticeably higher in the short term. There is a

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