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EUR GBP

EUR/GBP - Euro British Pound, European Session - 03/03/08

03 3rd, 2008

0,7661. EUR GBP is in an uptrend supported by 1H exponential moving averages. EUR GBP is in a consolidation after the last bullish movement. The volatility is high. Bollinger bands are parallel and form the trend. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bullish configuration. The uptrend should continue to gather momentum. The target is expected at 0,7760.
Resistances
0,7675 - 0,7700
Supports
0,7650 - 0,7630

Source : EUR GBP

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EUR/GBP - Euro British Pound, European Session - 29/02/08

02 29th, 2008

0,7639. EUR GBP is in an uptrend supported by 1H exponential moving averages. EUR GBP is in a consolidation after the last bullish movement. The volatility is high. Bollinger bands are parallel and form the trend. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bullish configuration. 4H ForexSto (Modified Stochastic) indicate a bullish pressure on EUR GBP. The price should find a support above 0,7630. The uptrend should continue to gather momentum. The target is expected at 0,7725.
Resistances
0,7645 - 0,7665
Supports
0,7630 - 0,7610

Source : EUR GBP

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EUR/GBP - Euro British Pound, Asian Session - 28/02/08

02 28th, 2008

0,7639. EUR GBP is in an uptrend supported by 1H exponential moving averages. EUR GBP is in a consolidation after the last bullish movement. The volatility is low. 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 to gather momentum. The target is expected at 0,7725 (90 pips).
Resistances
0,7640 - 0,7660
Supports
0,7630 - 0,7610

Source : EUR GBP

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EUR/GBP - Euro British Pound, American Session - 28/02/08

02 28th, 2008

0,7620. EUR GBP is in an uptrend supported by 1H exponential moving averages. EUR GBP is in a consolidation after the last bullish movement. The volatility decreases. Bollinger bands are tightened. ForexTrend 4H, daily (Mataf Trend Indicator) is in a bullish configuration. 4H ForexSto (Modified Stochastic) indicate a bullish pressure on EUR GBP. The price should find a support above 0,7600. The uptrend should continue to gather momentum. The target is expected at 0,7700.
Resistances
0,7640 - 0,7700
Supports
0,7615 - 0,7600

Source : EUR GBP

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EUR/GBP - Euro British Pound, European Session - 28/02/08

02 28th, 2008

0,7617. EUR GBP is in a consolidation after the last bullish movement. The volatility decreases. Bollinger bands are tightened. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bullish configuration. 4H ForexSto (Modified Stochastic) indicate a bullish pressure on EUR GBP. The price should find a support above 0,7600. The uptrend should continue on 0,7700 resistance.
Resistances
0,7640 - 0,7700
Supports
0,7615 - 0,7600

Source : EUR GBP

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EUR/GBP - Euro British Pound, Asian Session - 27/02/08

02 27th, 2008

0,7632. EUR GBP broke 0,7580 resistance. EUR GBP is in an uptrend supported by 1H exponential moving averages. The volatility is high. Bollinger bands are deviated. 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 to gather momentum. The target is expected at 0,7730.
Resistances
0,7640 - 0,7730
Supports
0,7580 - 0,7550

Source : EUR GBP

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EUR/GBP - Euro British Pound, American Session - 27/02/08

02 27th, 2008

0,7573. EUR GBP broke 0,7550 resistance. EUR GBP is in a consolidation after the last bullish movement. The volatility is high. 1H, 4H ForexSto (Modified Stochastic) indicate a bullish pressure on EUR GBP. The price should find a resistance below 0,7580. The consolidation should continue.
Resistances
0,7580 - 0,7590
Supports
0,7565 - 0,7550

Source : EUR GBP

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EUR/GBP - Euro British Pound, European Session - 27/02/08

02 27th, 2008

0,7551. There is an horizontal range between 0,7530 and 0,7560. Support and resistance are given by Bollinger bands. The volatility is low. Bollinger bands are flat. Oscillators are neutral. The price should continue to move in Bollinger bands. We won’t take a position. The risk/reward ratio is too high to take a position..
Resistances
0,7555 - 0,7565
Supports
0,7540 - 0,7520

Source : EUR GBP

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EUR/GBP - Euro British Pound, Asian Session - 26/02/08

02 26th, 2008

0,7534. EUR GBP is in a range between 0,7520 and 0,7550. EUR GBP moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is low. Bollinger bands are flat. Oscillators are neutral. The price should continue to move in Bollinger bands. We won’t take a position.
Resistances
0,7540 - 0,7550
Supports
0,7530 - 0,7520

Source : EUR GBP

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EUR/GBP - Euro British Pound, European Session - 26/02/08

02 26th, 2008

0,7540. There is an horizontal range between 0,7530 and 0,7545. Support and resistance are given by Bollinger bands. EUR GBP moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is low. Bollinger bands are flat. ForexTrend 4H, daily (Mataf Trend Indicator) is in a bullish configuration. The price should continue to move in Bollinger bands. We won’t take a position.
Resistances
0,7550 - 0,7580
Supports
0,7530 - 0,7520

Source : EUR GBP

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