We’ve been having some very interesting movement on the GBP and EUR recently. Most interestingly, they do not seem to be correlating at all. As the Euro surges against the US Dollar in recent sessions, the GBP is actually breaking through key areas to the downside…
However, it seems that the GBP may have finally found a place to slow down and make a turn to the upside. Casey explains the trading opportunity in this video:
Be sure to leave a comment with your own thoughts on these pairs.
Winner’s Edge Trading, as seen on: