Thursday, June 2, 2016

Trading Video: Pound Tumble Faces Key Levels, Will the ECB Drive the Euro? Forex News by DailyFX

Published on 1 Jun 2016
Talking Points:

• A second day's tumble has pushed GBP/USD close to its 100-day moving average and EUR/GBP to a key resistance
• ECB decision may struggle to shake the Euro despite EUR/USD lifting off its 200-day MA and EUR/JPY weighing on 122
• Risk appetite is showing more obvious signs of struggle as US equity indexes take temperature at record highs

Read the full article here:

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