IMHO ofc !
Failure to breach 1.6850 while it had the chance has put the pair on the back foot again but we’ve still to break down through recent lows around 1.6775.
Glass half-full ( buying opportunity on the dips) ? Or glass half-empty ( selling rallies still) ? Good cases for both as we remain 1.6750-1.6850. Either way ( and you know mine) there’s money to be had.
EURGBP sellers at 0.8250 have put a cap on EURUSD too dragging it back down from its 1.3853 highs helped also by EURJPY downward pressure.
On St George’s Day we’ve seen a less than impressive show of strength by the pound but it’s not beaten just yet.
