Updated the:
09/17/2012
EUR/GBP : 0.80, What can be done?

Sentiment :
"sentiment
0.80
"sentiment
0.7950
"sentiment

--- Follow up analysis ---
The pair EUR/GBP has validated last week the breakouts of 0.80 and 0.8050, offering both a new buy signal. The price just failed to get over the resistance at 0.81. The pair seems now to move above a medium term bullish slant (blue line).

We continue to advise long positions as far as 0.80 is support. A pullback on 0.8050 or 0.80 stay possible. The breakout of 0.81 will give a new strong bullish signal for a pursuit of the rally towards 0.8150/0.82.

In case of return below 0.80, we advise to wait the breakout of 0.7950 to trade short positions.

Analysis published by Bruno, the 09/17/2012 at 10h50 GMT+2

Full analysis

Complete sheet of the pair EUR/GBP - Previous EUR/GBP Analysis
Chart of the pair EUR/GBP - Timeframe 1H
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Chart of the pair EUR/GBP - Timeframe 4H
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EUR/GBP Live Chart - Timeframe : 4h
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