Updated the:

01/26/2011

EUR/GBP Technical Analysis comments :

Sentiment:

sentiment

The pair EUR/GBP started a bullish rallye following the news on the GBP. The pair broke resistances at 0.8550 and 0.86, offering new buy signals. The pair is currently testing the breakout of 0.8650 and also of its bullish slant as resisatnce (purple line). We maintain to trade only long positions as far as 0.86 is support. The breakout of 0.8650 will give a new buy signal. The next resistance is at 0.87.

EUR/GBP

EUR/GBP