Updated the:
06/20/2012
EUR/GBP Technical Analysis comments :
Sentiment :
sentiment
0.81
sentiment
0.8050
sentiment
The pair EUR/GBP has validated yesterday a return above 0.8050 after have found support on the upper band of its medium term bearish channel (overlaid bearish channels).
The pair has also validated the breakout of 0.8050, offering a sell signal.
Indicators are mitigated.
We are neutral between 0.8050 and 0.81.
We advise to wait an exit of this range to take position:
- Long above 0.81. The breakout of 0.8125/0.8150 will both give a new buy signal
- Short below 0.8050. The breakout of 0.8025/0.80 will both give a new sell 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