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GBP/USD struggles to preserve bullish momentum

Discussion in 'Technical Analysis' started by FXStreet_Team, Dec 1, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Technical Analysis EUR/USD flat around 1.058 as ECB meeting nears “The market is in a chicken race to sell the euro. Everyone is selling the euro while looking for a timing to buy it back.” - Resona Bank (based on Reuters) Pair’s Outlook EUR/USD hovered modestly to the downside on Monday, but the currency pair saw few opportunities to be dragged significantly lower in course of the session. Euro-traders are waiting for the ECB gathering on Thursday, the main event this week. The crucial

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