Since the referendum the pair has been moving sidewards. News on Interest Rates, PMI, CPI data has greatly effected the pair more than ever. Since the 3rd of August the pair has lost 2.5% with the pair closing at 1.30634 on Friday.
Monday morning will be very interesting, if price can reach 1.30724 expect upside of 1.331, if 1.30724 continues to be broken a downside of 1.29 is very, very possible.
Monday morning will be very interesting, if price can reach 1.30724 expect upside of 1.331, if 1.30724 continues to be broken a downside of 1.29 is very, very possible.