fxpulsation
Posts : 8759
Join date : 2012-01-25
 |  Subject: Technical Analysis for EUR/GBP  Mon Sep 02, 2013 10:27 am | |
|  Technical Analysis for EUR/GBP The pair starts the week with a bearish gap, approached our full downside target at the main long term 200-days SMA, and the ascending support for the overall bullish trend. Accordingly, we prefer to move to the sidelines, and monitor how price reacts to this medium term juncture. Support: 0.8470, 0.8430, 0.8400, 0.8380, 0.8350 Resistance: 0.8500, 0.8540, 0.8580, 0.8620, 0.8675 Recommendation Neutral | |
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