The EUR/GBP presents one of the most fascinating technical situations in the FX markets these days.
In this weekly market analytics, Roy is presenting the case for a major downside reversal that may already have been set in motion.
This is a classic situation were the fundamental picture is beautifully synchronized with the technical picture.
From the economical point of view, in my opinion, the Brexit will only strengthen the british economy while weekening the Euro zone as a whole.
This should lead to further downside moves in the EUR/GBP for the foreseable future. Below you can check out my real-time analytics on the EUR/GBP that was published in The Chart Wizard's membes area back at the begining of January. Enjoy !
