| 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)-5/16/2008
The Euro dropped back heavily yesterday after it couldn't breach the strong resistance at 0.7990 just ahead of its first target at 0.8000, the pair dropped back to gather more momentum that could take it to breach the 0.8000s and acquire even higher targets over the short term, now if the pair breaches the 0.7931 support it could decline back to the 0.7890s level which offers strong demand for the pair.
| |||||
| Support | 0.7931 | 0.7918 | 0.7900 | 0.7890 | 0.7880 |
| Resistance | 0.7945 | 0.7960 | 0.7975 | 0.7990 | 0.8000 |
Recommendation | ... | ||||
Technical analysis for crosses(EUR/GBP)-6/23/2008 Jun 30, 2008 3:14AM- Technical analysis for crosses(EUR/GBP)-6/23/2008 Jun 23, 2008 3:14AM
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