The Euro/Pound represents a cross between two biggest economies in Europe - the Euro-zone and the United Kingdom. Given the economic proximity and interdependence between the two, the pair is significantly less volatile than many other Euro or Pound based crosses. The pair is particularly sensitive to changes in monetary policy between the Bank of England and European Central Bank.

Support & Resistance

Trading GBP/USD and Pound Pairs Less than a Month to Brexit
S10.7549 M R30.7849 S
S20.7415 S R20.7748 M
S30.7249 W R10.7683 M


Trading GBP/USD and Pound Pairs Less than a Month to Brexit

We are now less than a month away from one of the most financial market's most troubling, scheduled event risks: the Brexit.
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EUR/GBP Breakdown Eyes Critical Support at 7520

Using Elliott Wave Theory EUR/GBP is Near Support

Equity Reversal Put on Hold While Dollar, Pound, Yen Position

Positive News Flow Past 24-hours Boosts Risk, Holds Back US Dollar

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Analyst Picks

Jeremy Wagner   

Head Forex Trading Instructor

My Picks: Long EUR/GBP
Expertise: Elliott Wave, Technical Analysis
Average Time Frame of Trades : 2 Days – 2 Weeks

Pivot Points

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