Forex - EUR/GBP Technical Analysis (Euro / British Pound)

By Roger Baettig | May 01 2012 5:35 AM

Updated the: 05/01/2012
EUR/GBP Technical Analysis comments :

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Sentiment : 0.8220 0.8180

The pair EUR/GBP has faked yesterday the breakout of 0.8150. The pair is still moving into a bearish channel (purple lines). All indicators are still bearish. We continue to advise short positions as far as 0.8180 is resistance. The breakout of 0.81 will give a new sell signal and open the way towards 0.8050. In case of return above 0.8180, we will be neutral between this level and 0.8220. The breakout of 0.8220 will give a buy signal.

Complete sheet of the pair EUR/GBP - Previous EUR/GBP Analysis

Chart of the pair EUR/GBP - Timeframe 4H - Zoom in :

EUR/GBP

Chart of the pair EUR/GBP - Timeframe 4H - Zoom out:

EUR/GBP

EUR/GBP Live Chart - Timeframe : 4h

Chart

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