|EUR/GBP : Neutral zone between 0.8050 and 0.81|
|The pair EUR/GBP is moving since the beginning of June above the upper band of its medium terme bearish channel (purple lines). We are neutral between 0.8050 and 0.81.
Below 0.8050, we anticipate a pursuit of the bearish movement towards 0.80. If this support is broken, a new sell signal will be given and 0.7950 should be reach.
Above 0.81, a test of the resistance at 0.8150 is expected. If this level is broke, a new buy signal will be given and the bullish movement should pursuit towards 0.82.
Analysis published by Vincent, the 06/29/2012 at 9h30 GMT+2
Update : 03/07 : An exit from the neutral zone occured yesterday on the pair EUR/GBP. The British Pound should continue its movement against the Euro with a first objective at 0.80.
|Complete sheet of the pair EUR/GBP - Previous EUR/GBP Analysis|
Chart of the pair EUR/GBP - Timeframe 4H - Zoom in :
Chart of the pair EUR/GBP - Timeframe 4H - Zoom out:
EUR/GBP Live Chart - Timeframe : 4h