There remain genuine concerns that such resilience can be sustained, further exacerbated by the surprisingly disappointing UK Construction and Services PMI data from February
Upcoming Brexit negotiations, US travel ban, inflation and unemployment data could continue EURUSD uncertainty and volatility throughout February despite touching 1.08.
Jim Martens, Editor, Currency Pro Service, gives you a preview of FX post-Brexit. Watch this new interview to learn which markets Jim’s keeping his eye on.
“But, contrary to popular belief, we’ve observed that events — even historical ones like Britain’s decision to leave the EU — do not govern the market’s trend. Instead, the market’s price pattern unfolds according to the Wave Principle, which provides a detailed model for how investors behave.” Bob Stokes, Elliott Wave International.
Jim Martens, editor of Currency Pro Service, prepared his subscribers early for the violent reversal and historic sell-off in the British pound. Learn what helped him do it.