Updated the:
06/28/2012
EUR/GBP Technical Analysis comments :
Sentiment :
sentiment
0.81
sentiment
0.8050
sentiment
The pair EUR/GBP has validated yesterday a return above 0.80 but is currently falling towards this level.
The pair is moving above the upper band of its medium term bearish channel (overlaid bearish channels).
All indicators are bearish.
We continue to advise short positions as far as 0.8050 is resistance.
A return below 0.80 will comfort our bearish feeling.
The breakout of 0.7975 will give a new sell signal and will open the way towards 0.7950.
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 :

EUR/GBP

Chart of the pair EUR/GBP - Timeframe 4H - Zoom out:

EUR/GBP

EUR/GBP Live Chart - Timeframe : 4h

Chart