Updated the:
06/13/2012
EUR/GBP Technical Analysis comments :
Sentiment :
sentiment
0.81
sentiment
0.8075
sentiment
The pair EUR/GBP has validated yesterday the breakout of 0.8050, offering a sell signal.
The pair is currenlty moving on the upper band of its bearish channel (overlaid purple lines) and is now going to test 0.8050 as resistance.
Indicators are globaly bearish.
We continue to advise short positions as far as 0.8075 is resistance.
The breakout of 0.8025/0.80 will both give a new sell signal.
In case of return above 0.8075, we will wait the breakout of 0.81 to advise long positions.
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