» EUR/GBP - Euro British Pound, European Session - 27/03/08

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EUR/GBP - Euro British Pound, European Session - 27/03/08

0,7882. 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 resistance below 0,7900. If the resistance is broken then the target will be 0,8000.
Resistances
0,7900 - 0,7925
Supports
0,7855 - 0,7810

Arnaud Jeulin

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This entry was posted on Thursday, March 27th, 2008 at 6:46 and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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