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Technicals

Technical analysis for crosses(EUR/GBP)-12/4/2007

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04 December 2007 @ 12:00 am EST
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(EUR/GBP)

The Euro declined further against the Pound yesterday to continue the correctional move it started, but the general trend for the pair remains well to the upside, the technical indicators are showing an upside potential now as the next target is the 0.7130s level, and the point at 0.7090 seems to offer good demand for the pair. 

 

Support

0.7100

0.7090

0.7080

0.7067

0.7052

Resistance

0.7110

0.7123

0.7134

0.7144

0.7159

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