EURUSD (1.2542) Trend: Neutral/Upward Support/Resistance: 1.2390 - 1.2580 The last day of this dynamic and full of fundamental events week will release another events like: Housing Starts and Building Permits at 8:30 AM ET, Import Prices ex-oil, Export Prices ex-ag. and Michigan Consumer Sentiment - Prelim. These events probably will not change the current trend of EURUSD into upward direction. World-Signals.com trading strategy for today is to keep your long positions or buy again at levels below 1.2510 with target close to the current resistance at 1.2580.
The Brexit will continue more than expected. If somewhere in the future U.K. is out of E.U. the Pound may recovery strong against the Euro.
Interesting - so you think the fall in the pound has been over done or that the EU will suffer more than many expect when the UK finally leaves? The UK is one of the few net contributors to the EU pot so it will certainly put pressure on EU finances.
Of course E.U. will suffer much more than U.K. Therefore I believe that the pound will start growth when finally Brexit happens.
