EUR/GBP analysis of the week (4h candlesticks)

By IBTimes Staff Reporter | January 21 2010 4:34 AM

The parity just made a rebound on its support on 0.8650. This is still below its bearish slant. As far as it is the case, we will advise to trade only short positions. A break out of 0.8650 will offer a new sell signal. If 0.87 is broken, we will however stay neutral on the parity.

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