Sterling Rebounds, EUR/USD And USD/JPY In Consolidation Modus

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Jun 21, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

    Sep 9, 2015
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    Yesterday, investors scaled back sterling short exposure as polls showed a tentative gain for a remain vote. The risk-on rebound in EUR/USD and USD/JPY ran rapidly into resistance. Today the Yellen speech is a wildcard, but news from the UK referendum remains the dominant factor for trading.[​IMG]

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