EUR/GBP : Short and medium term slants
--- Follow up analysis ---
The pair EUR/GBP has strongly felt below 0.81 and found support on 0.8080. The price is still moving above its medium term bullish slant (blue line).
We advise to wait an exit of the range 0.8080/0.81 to take position:
- Only long positions above 0.81. The breakouts of 0.8125 and 0.8150 will both give a new buy signals
- Only short positions below 0.8080. The breakout of 0.8050 will give a new sell signal. The next support is at 0.8025.
Analysis published by Bruno, the 10/25/2012 at 10h00 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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