Thu, 16 Jul 2015 06:59:05 GMT
EUR/GBP 1H Chart: Falling Wedge
While the British Pound appears to be on a firm footing against the US Dollar, the are signs the Euro is going outperform the Sterling. During this week EUR/GBP has been trending downwards, but at the same time the currency pair has been forming a falling wedge, a pattern that portends a reversal. Additional arguments in favour of a stronger