The EUR/GBP is generally not a fun pair to trade. During 2015, in 5 of the last 9 months, the pair closed within 100 pips of it's opening price. But this hasn't been the case in August and September. The high volatility across all markets led to a 292 pips gain for the Euro in August. This was followed by another large range in September of 240 pips. In addition to this, as can be seen on the chart below, volatility has been going up.
The 14-day Average True Range has greatly increased, from a l…
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