Action Insight-Forex Analysis – EUR/GBP Daily Outlook

Intraday bias in EUR/GBP remains on the downside with 0.8725 minor resistance intact and further decline is expected to be seen to retest 0.8601 support first. As noted before, recovery from 0.8601 has likely completed with three waves up to 0.8841 after failing to take out 55 days EMA. Break…
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This entry was posted on Monday, February 15th, 2010 at 6:11 pm and is filed under Forex Trading News. 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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