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GBP/USD closes above monthly PP

Discussion in 'Technical Analysis' started by FXStreet_Team, Feb 2, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Technical Analysis EUR/USD recovers as risk appetite wanes “If it [QE] is well expected, in a way the impact on the market should already be priced in. There’s diminishing return each time you do QE and more easing -- it’s getting harder and harder.” - Nomura Holdings (based on Bloomberg) Pair’s Outlook The single currency is holding to the gains that it has registered over the first trading day of a new working week. EUR/USD failed to consolidate below the Dec-Jan uptrend line, meaning the

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