EURGBP and other EUR crosses make the last preparations before a big drop. All are due to lose 12-13%, EURGBP reaching 0.78 in blue w3 and eventually 0.73 in w5. Down until 0.78 the downtrend in EG and GBPUSD will happen to the most part at same time.
The entire situation in FX is closely related to the sell-off in Treasuries that has begun in 2021. This is not a baby move, see my analysis on EURJPY attached for a broader picture.
The entire situation in FX is closely related to the sell-off in Treasuries that has begun in 2021. This is not a baby move, see my analysis on EURJPY attached for a broader picture.
