Correlation Between GBPUSD & EURGBP

9 October 2016, 21:51
Muhammad Elbermawi
  • This chart show the High inverted correlation between GBPUSD currency pair and EURGBP.
  • The conclusion that I can make here is that if GBPUSD reversed its direction to the upside then EURGBP will begin a new downtrend.

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