EUR/GBP Technical Analysis: Prices Flirt with 0.85 Mark
EUR/GBP Technical Analysis – Prices are retesting support-turned-resistance at 0.8494, with a break higher on a daily closing basis eyeing the April 16 close at 0.8575. Alternatively, renewed selling pressure eyes a confluence of trend lien support at 0.8450.
Daily Chart - Created Using FXCM Marketscope 2.0
--- Written by Ilya Spivak, Currency Strategist for Dailyfx.com
To contact Ilya, e-mail email@example.com. 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.