Mid Day Forex Report for May 23, 2016

Gold Forecast May 23, 2016
May 20, 2016
Mid Day Market Report May 26, 2016
May 25, 2016

EUR/GBP Chart

In this video, Chris takes a look at the EUR/GBP currency pair as we are halfway through the trading session. It appears that we are starting to get a fairly interesting confluence of events and indications of a potential move. With this being the case, we believe that this pair could be one to watch going forward.

Remember, this is a pair that tends to grind as opposed to moving quickly, so patience will be needed in any move. However, the pip value is much stronger, so it all works out in the end. Looking at a couple of different indications of support, it is possible that we go higher from here.

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