Browsing all articles in EUR/GBP

EUR/GBP D1 Technical July 11

On daily chart EUR/GBP have a support and resistance at 0.7866 and 0.7930, if the cable close below the resistance level this will show bullish strength but we sell deals until unless the resistance is broken.



EUR/GBP D1 Technical July 9

On daily chart EUR/GBP remains on the downside. The pair should likely to decline again. The pair has a resistance and support at 0.7923 and 0.7961, break of the support will be violently bearish trend.


EUR/GBP H4 Technical June 6

EUR/GBP jumped to as high as 0.8139 but lost steam and retraced from there. With 4 hours MACD crossed below signal line, intraday bias is turned sideway first. Near term outlook in EUR/GBP remains unaffected. Price actions from 0.7949 is a consolidation outline and even in case of another rise, upside should be limited by 38.2%  Fibonacci retracement of 0.8505 to 0.7949 at 0.8161 and bring fall resumption eventually.