Forex: daily and weekly forecast – 16.07.2018

Behavior of the pair EURGBP on 16.07.2018.
Behavior of the pair EURGBP on 16.07.2018.

Daily forecast for July 16, 2018 and forecast for next week are shown. As one can see in the enclosed zip-file, none of the pairs considered shows a clear signal for trading in the next week. On the other hand, the daily forecast indicates that the price of the EURGBP pair will be lower than 0.88266 with a probability of 66%. If the price of the currency pair EURGBP starts to grow, it should not be exceeded 50 pips i.e. the value 0.88766.

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