Eurusd/gbpusd - page 2136
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It still is staying in the 1.08 to 1.09 range. The game continues
This much narrow ranging did not happen for quite some time. It has to break someday
This much narrow ranging did not happen for quite some time. It has to break someday
Sooner or later it will. Till then : it is a no trend phase
The pair couldn't find enough momentum to rally, still trading sideways in the range between 1.0925 to 1.0800.
The pair couldn't find enough momentum to rally, still trading sideways in the range between 1.0925 to 1.0800.
I could not agree more : this is stuck in that range
I could not agree more : this is stuck in that range
And no way it will break out of the range
The pair is testing the upper end of the range around 1.0920/25, break above it could lead to next resistance level around 1.0940 zone.
EUR/USD broke above 1.0930 and will probably continue climbing towards 1.0970. The US change in the non-farm payrolls is later this week, this will probably provoke some volatility in the pair but whether it will be enough to end the range is uncertain.
Whenever it reaches 1.09 it is slammed down - the same as when it reaches 1.08 when it is slammed up. The range is too strong
Whenever it reaches 1.09 it is slammed down - the same as when it reaches 1.08 when it is slammed up. The range is too strong
Still trading in the range - no change