EUR/GBP : Short and medium term slants
--- Follow up analysis ---
The pair EUR/GBP found resistance during the night on 0.81 and just made this morning a new pullback on its short term bullish slant (brown line). The price is still moving above a medium term bullish slant (blue line).
We continue to advise long positions as far as 0.8025 is support. The breakout of 0.81 will give a new buy signal and will open the way towards 0.8125/0.8150.
In case of return below 0.8025, we will advise to wait the breakout of 0.80 to trade short positions.
Analysis published by Bruno, the 10/09/2012 at 11h00 GMT+2
Chart of the pair EUR/GBP - Timeframe 1H
Chart of the pair EUR/GBP - Timeframe 4H
|EUR/GBP Live Chart - Timeframe : 4h|
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