Euro British Pound (EUR/GBP) - 06/05/2008 - Archive

EUR/GBP - Euro British Pound

EUR/GBP - Euro British Pound

Short term (Intraday)

0,7865. EUR GBP is in a consolidation after the last bullish movement. EUR GBP moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is low. Oscillators are neutral. The price should continue to move in 0,7780 / 0,7880 range. We won't take a position. The risk/reward ratio is too high to take a position..

Resistances
0,7870 - 0,7880
Supports
0,7850 - 0,7810
updated 06 mai 2008 05:47 GMT +02:00

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