Indecision in the FX markets

Discussion in 'Technical Analysis' started by FXStreet_Team, Mar 8, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    Lots of indecision in the FX markets, but one of the clear themes on the day was that of selling, primarily through EUR/GBP. Cable has been struggling through the day, with players keen to buy dips, but consistent gains in the cross rate saw the former pair hit through 1.4200, remaining under threat of a breach of Monday’s 1.4132 lows. EUR/GBP has come up against some resistance ahead of .7800 in the meantime, but along with EUR/USD and the rest of the crosses, remains well placed for further

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