EUR/GBP Weekly Outlook

EUR/GBP’s fall extended to as low as 0.8650 last week before recovering. From a short term angle, some more recovery might be seen initially this week. But upside should be limited below 0.8855 support turned resistance and bring fall resumption. Below 0.8686 minor support will flip intraday bias back to…

This entry was posted on Saturday, January 23rd, 2010 at 11:31 am and is filed under forex trading. You can follow any responses to this entry through the RSS 2.0 feed. You can skip to the end and leave a response. Pinging is currently not allowed.

EUR/GBP’s fall extended to as low as 0.8650 last week before recovering. From a short term angle, some more recovery might be seen initially this week. But upside should be limited below 0.8855 support turned resistance and bring fall resumption. Below 0.8686 minor support will flip intraday bias back to…

This entry was posted on Saturday, January 23rd, 2010 at 11:31 am and is filed under forex trading. You can follow any responses to this entry through the RSS 2.0 feed. You can skip to the end and leave a response. Pinging is currently not allowed.