EUR/GBP Testing Key Resistance – Erlam

September 20, 2017 Share Print 0

Craig Erlam, Senior Market Analyst at Oanda talks to Matt Brown about EUR/GBP and testing resistance at the moment. Erlam also looks at the 0.87 level as key level for trading. GBP/USD moves in 2’s, 1.38 is the next level of resistance. USD/JPY breaks higher, momentum and the broader trend indicates a move higher.

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This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.

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Craig Erlam

Senior Market Analyst, UK & EMEA at OANDA

Based in London, Craig Erlam joined OANDA in 2015 as a market analyst. With many years of experience as a financial market analyst and trader, he focuses on both fundamental and technical analysis while producing macroeconomic commentary. His views have been published in the Financial Times, Reuters, The Telegraph and the International Business Times, and he also appears as a regular guest commentator on the BBC, Bloomberg TV, FOX Business and SKY News. Craig holds a full membership to the Society of Technical Analysts and is recognised as a Certified Financial Technician by the International Federation of Technical Analysts.