|EUR/GBP Technical Analysis comments :|
|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 :
Chart of the pair EUR/GBP - Timeframe 4H - Zoom out:
EUR/GBP Live Chart - Timeframe : 4h