| Global Interest Rates | |||
 Australia |
7.25% | ||
 Canada |
3.5% | ||
 EMU |
4% | ||
 Japan |
0.5% | ||
 Swiss |
2.75% | ||
 England |
5% | ||
 US |
2.25% | ||
Technicals
Technical analysis for crosses(EUR/GBP)-3/27/2008
The Euro inclined heavily against the Pound yesterday to reach the target at 0.7900, yet started to decline back as the pair needed a correction as the momentum indicators were showing the pair was trading within an overbought area over the short term, while the point at 0.7815 offers strong demand for the pair, yet if it was breached the pair might decline back to the 0.7780s level.
| |||||
| Support | 0.7840 | 0.7830 | 0.7815 | 0.7804 | 0.7790 |
| Resistance | 0.7850 | 0.7865 | 0.7880 | 0.7890 | 0.7900 |
Recommendation | ... | ||||
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