Updated the:
06/19/2012
EUR/GBP Technical Analysis comments :
Sentiment :
sentiment
0.81
sentiment
0.8075
sentiment
The pair EUR/GBP felt yesterday on the upper band of its bearish channel (overlaid purple lines) and has validated the breakout of 0.8050, offering a sell signal.
Indicators are globaly bearish.
We now advise to trade only short positions as far as 0.8075 is resistance.
The breakout of 0.8025 will give a new sell signal and open the way towards 0.80.
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