EUR/GBP - Euro British Pound, American Session - 04/02/08

By IBTimes Staff Reporter | February 04 2008 8:57 AM

0,7503. EUR GBP moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is high. Bollinger bands are flat. Oscillators are neutral. The price should continue to move in 0,7490 / 0,7550 range. [arbitrage EUR USD/ GBP USD] : We expect similar moves on EUR USD and GBP USD..

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Resistances: 0,7515 - 0,7550
Supports: 0,7490 - 0,7445

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