GBP/USD muted, awaits interest rate decisions

Discussion in 'Technical Analysis' started by FXStreet_Team, Oct 8, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    Technical Analysis EUR/USD in limbo around 1.1250 “If we’re dealing with a global demand shock emanating from China, the euro zone, and Germany in particular, could be quite badly exposed.” - Credit Agricole (based on Bloomberg) Pair’s Outlook The outlook for the EUR/USD currency pair remains unclear for the time being as neither bulls nor bears are still able to overtake leadership of the market. Yesterday the cross remained capped by the 50% Fibonacci retracement of the Jan-Mar 2015

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