A Word of Caution Before You Jump on Euro or Pound Breaks

Talking Points:

• EUR/USD and GBP/USD have lead both Euro and Pound crosses to key technical boundaries and even some crucial breaks this past session
• There is certainly fundamental support for bearish bearings for both Euro and Pound - Euro multifaceted, Pound Brexit concentrated
• Yet, before we chase fundamental intrigue we should appreciate key event risk ahead for both currencies which could stall moves

See how retail traders are positioning in EUR/USD, GBP/USD along with other Euro and Pound crosses with critical technical levels coming into view on the DailyFX Sentiment page. (https://www.dailyfx.com/sentiment?ref-author=Kicklighter)

Source: DailyFX - Forex & Macro News (via YouTube)
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