EUR/GBP - Euro British Pound
Short term (Intraday)
0,8048. EUR GBP broke 0,8000 resistance. EUR GBP is in an uptrend supported by 1H exponential moving averages. The volatility is high. Bollinger bands are parallel and form the trend. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bullish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bullish pressure on EUR GBP. The uptrend should continue on 0,8100 (+50 pips) resistance. We won't take a position. The risk/reward ratio is too high to take a position..
- Resistances
- 0,8060 - 0,8100
- Supports
- 0,8020 - 0,8000
updated 28 août 2008 05:53 GMT +02:00
Receive free alerts by email when technical analysis are updated.
FAQ Technical analysis
- How Long Are The Analysis Valid For?
- Do You Give Forex Signals? What's The Cost?
- What Is Trend Indicator?
- What Is The Risk/reward Ratio?
- How And When Are The Technicals Updated For The Trading Pairs?
- Why There Are So Few Trading Order In Technical Analysis?
- Could You Please Explain How Your Trading System Works?
- What Is Forexsto?
- How Many Pips Away Is It Advisable To Put The Stop Loss?
- What Is Your Previous Trading History Like?
- Candle Stick
- What The Trade Configuration Means?
- Entry Points
You have a question on technical analysis? just ask in the forum!
Latest technical analysis
- EUR/USD - Euro Dollar
Nov 20, 14:08 GMT - GBP/USD - British Pound Dollar
Nov 20, 14:04 GMT - USD/CAD - US Dollar Canadian Dollar
Nov 20, 14:01 GMT - USD/CHF - Dollar Swiss Franc
Nov 20, 13:58 GMT - USD/JPY - Dollar Yen
Nov 20, 13:53 GMT - GBP/JPY - British Pound Yen
Nov 20, 13:47 GMT - EUR/JPY - Euro Yen
Nov 20, 13:43 GMT - EUR/GBP - Euro British Pound
Nov 20, 13:39 GMT - EUR/CHF - Euro Swiss Franc
Nov 20, 13:37 GMT - EUR/CAD - Euro Canadian Dollar
Nov 20, 13:35 GMT - EUR/AUD - Euro Australian Dollar
Nov 20, 13:32 GMT - AUD/USD - Australian Dollar US Dollar
Nov 20, 13:28 GMT