This year could be the year for the EUR to shine (just take a good look at the EURUSD pair very similar scenario right now too - looks like it want to break out to the upside similarly too)...
Yeah, the GBP might strengthen here & there (temporarily) & all (causing some pullbacks on this pair here & there); but ultimately that may not stop this pair from breaking out & advancing even higher...
Yeah, the GBP might strengthen here & there (temporarily) & all (causing some pullbacks on this pair here & there); but ultimately that may not stop this pair from breaking out & advancing even higher...
Comment:
Maybe it won't break-out to the upside yet... (It may have more room to fall back...)
Comment:
At this point in time, the EURUSD pair is also looking rather too weak to break-out to it's upside too (as such, it basically alters my previous view on this EURGBP pair as well)...