Eurusd/gbpusd - page 2187

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Expecting a break above 1.14
 
whisperer:

That is ruling everything right now

If UK leaves, the transfer of money from GBP to Euro will be horrible

True, but there are still a question about what kind of deal the EU and UK would come up with if Brexit wins.
 
Tight range - anything can happen
 
nbtrading:
Tight range - anything can happen
Yes, but I am expecting an attempt to break up first
 
I am not so sure. I have no intention of opening new longs before the pair breaks above the previous high at 1.1392. Not to mention that there is a doji candlestick on the daily time-frame and we might as well see it start moving to the downside again.
 
This is too controlled - expecting ECB intervention now
 
Terribly narrow range - this is set up for a big change
 
whisperer:
Terribly narrow range - this is set up for a big change
Let's see, the pair is back to 1.135 area, basically unchanged for the day. On the upside the psychological resistance can be found at 1.14.
 
On the daily chart of the EURUSD the pair has formed a symmetrical triangle. Price is still trapped between the 1.14 and the 1.13.
 
GBP/USD is stuck in a relatively wide range between 1.4330 and 1.4740 which is most obvious on the daily time frame. Currently it's rising towards 1.4600 again. I don't think we'll see the range end before Brexit.
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