By FXEmpire.com
The EUR/GBP pair fell for the session as the bearish pressure on the Euro continues. The risk off trade is certainly back in play, and the Euro is a major epicenter of it. The Dollar continues to gain, and as this pair is simply a measure of relative strength, it shows that the Euro is weaker than the Pound. The breaking of this bearish flag in the pair would send this market down to the 0.76 based upon a measurement of the “pole”, and if we get that move – we are aggressively selling this pair.
Click here a current EUR/GBP Chart.
Originally posted here
