Euro British Pound (EUR/GBP) - 07/05/2008 - Archive

EUR/GBP - Euro British Pound

EUR/GBP - Euro British Pound

Short term (Intraday)

0,7887. 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 high. Bollinger bands are flat. Oscillators are neutral. The price should continue to move in 0,7860 / 0,7920 range. We won't take a position. The risk/reward ratio is too high to take a position..

Resistances
0,7895 - 0,7920
Supports
0,7875 - 0,7860
updated 07 mai 2008 13:03 GMT +02:00

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