FXroom LIVE: GBP/USD to carry Euro up to better Euro short opportunities – FXStreet

FXStreet (Barcelona) - Dale Pinkert in the FXStreet LIVE FXroom discusses about outlook for Forex and the DXY, quoting that, “Cable could carry the Euro up to better shorting opportunities.”

Key Quotes

“Euro is weak, a good example is the EUR/GBP that has been falling after the UK elections. The GBP/USD is advancing, so the Cable could carry the Euro up to better shorting opportunities.”

“Dollar index is working on a rebound that is driving the DXY to the current 0.9400 area, next resistance area would be around 0.9600.”