EUR/GBP Technical Analysis: Prices Drift Back Below 0.85 Figure
EUR/GBP Technical Analysis – Prices edged below support at 0.8494, triggering the stop-loss on our long position. Sellers now aim to challenge Triangle resistance-turned-support at 0.8458. Alternatively, a move back above 0.8494 aims for a horizontal pivot at 0.8575.
Daily Chart - Created Using FXCM Marketscope 2.0
--- Written by Ilya Spivak, Currency Strategist for Dailyfx.com
To contact Ilya, e-mail firstname.lastname@example.org. Follow Ilya on Twitter at @IlyaSpivak
To be added to Ilya's e-mail distribution list, please CLICK HERE
DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.