Euro British Pound (EUR/GBP) - 29/04/2008 - Archive

EUR/GBP - Euro British Pound

EUR/GBP - Euro British Pound

Short term (Intraday)

0,7886. EUR GBP is in an downtrend directed by 1H exponential moving averages. EUR GBP is in a consolidation after the last bearish movement. The volatility is low. Oscillators are neutral. The price should find a support above 0,7830. The consolidation should continue. We won't take a position. The risk/reward ratio is too high to take a position..

Resistances
0,7900 - 0,7940
Supports
0,7870 - 0,7830
updated 29 avr 2008 12:44 GMT +02:00

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