27 Jun 2013
EUR/GBP unable to retest intraday high
FXstreet.com (New York) - The EUR/GBP technical cross was unable to break any higher Thursday, peaking at 0.8562 earlier during US trading.
EUR/GBP could move on domestic events
Presently, the EUR/GBP foreign exchange rate is still operating positively at 0.8550, up a steadfast +0.58% in these moments. According the Mataf.net analysts, resistive structures will trigger at 0.8508, onto 0.8519, and finally 0.8538. Conversely, the pair will face support at 0.8478, and eventually 0.8459.
EUR/GBP could move towards 0.8600
“Earlier this week, the EUR/GBP failed to break the 0.8470 support area, instead rebounding and resettling above its intraday resistance at 0.8510. As such, we recall our earlier bullish scenario, looking for a move towards the 0.8600 level.” suggests the Technical Analyst Team at ICN.com.
EUR/GBP could move on domestic events
Presently, the EUR/GBP foreign exchange rate is still operating positively at 0.8550, up a steadfast +0.58% in these moments. According the Mataf.net analysts, resistive structures will trigger at 0.8508, onto 0.8519, and finally 0.8538. Conversely, the pair will face support at 0.8478, and eventually 0.8459.
EUR/GBP could move towards 0.8600
“Earlier this week, the EUR/GBP failed to break the 0.8470 support area, instead rebounding and resettling above its intraday resistance at 0.8510. As such, we recall our earlier bullish scenario, looking for a move towards the 0.8600 level.” suggests the Technical Analyst Team at ICN.com.