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  1. EUR/GBP Technical Analysis: Daily Breakdown

    by , 01-17-2019 at 02:57 PM
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    After being confined to trading within a horizontal range between 0.89525 and 0.90607 since December, the Euro is quickly losing ground against the British Pound after a rising support line was breached as anticipated. Not only has EUR/GBP fallen about 2.25% since January 11th, but also the pair achieved its longest daily losing streak since October 9th (5 days). Fundamentally, this has been due to the latest Brexit developments.

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  2. The Euro has launched a brisk recovery against the British Pound, rising to the highest level in a month

    by , 11-16-2014 at 07:31 AM
    Talking Points:

    • EUR/GBP Technical Strategy: Flat
    • Support: 0.7917, 0.7887, 0.7849
    • Resistance: 0.7947, 0.7985, 0.8030

    The Euro has launched a brisk recovery against the British Pound, rising to the highest level in a month. Near-term resistance is at 0.7947, the 61.8% Fibonacci retracement, with a break above that on a daily closing basis exposing the 76.4% level at 0.7985. Alternatively, a turn back below the 50% Fib at 0.7917 opens the door for a challenge of the ...
    Tags: eurgbp, euro, pound Add / Edit Tags
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