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Technical Analysis Reports

Forex Center > News > Technical Analysis Reports

EUR/GBP - Euro British Pound, European Session - 20/11/08

19 Nov, 2008 @ 10:15 pm ET

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0,8346. EUR GBP is in a consolidation after the last bearish movement. The volatility decreases. Bollinger bands are tightened. Oscillators are neutral. The price should find a support above 0,8300 (46 pips). We won't take a position. The risk/reward ratio is too high to take a position..

Resistances: 0,8385 - 0,8480
Supports: 0,8335 - 0,8300