Updated the:

02/01/2011

EUR/GBP Technical Analysis comments :

Sentiment:

sentiment

The pair EUR/GBP continued its bearish movement until the support at 0.8550. Indicators are now globaly bearish. We stay neutral between 0.8550 and 0.86. We will wait an exit of this range to take position:

- Long if the price gets back above 0.86. The breakout of 0.8650 will give a new buy signal

- Short if 0.8550 is broken. The breakout of 0.85 will give a new sell signal.

EUR/GBP

EUR/GBP