|EUR/GBP Technical Analysis comments :|
|The pair EUR/GBP has validated yesterday the breakout of 0.8050, offering a sell signal.|
The pair is still moving above the upper band of its medium term bearish channel (overlaid bearish channels).
Indicators are mitigated.
We continue to advise short positions as far as 0.8050 is resistance.
The breakout of 0.8025 will give a new sell signal and will open the way towards 0.80.
In case of return above 0.8050, 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