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  • Forex Update: As of 14:00, these are your best and worst performers based on the London trading schedule: 🇳🇿NZD: 0.30% 🇨🇭CHF: 0.08% 🇪🇺EUR: 0.07% 🇯🇵JPY: -0.03% 🇨🇦CAD: -0.10% 🇬🇧GBP: -0.20% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/F5JFbaecXj
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  • #Silver is currently trading back just above the 26.00 level. The precious metal was knocked slightly lower yesterday amidst a slight jump in longer-term US yields but is attempting to move higher again today. $XAG $SLV https://t.co/3nwbQdLpRU
Forex Analysis: EUR/GBP Classic Technical Report 01.14.2013

Forex Analysis: EUR/GBP Classic Technical Report 01.14.2013

Ilya Spivak, Head Strategist, APAC

Prices are testing above resistance at 0.8275, the 76.4% Fibonacci expansion, with a confirmed break higher on a daily closing basis exposing the 100% level at 0.8372. Near-term rising channel resistance-turned-support is at 0.8246, with a turn below that aiming for the 0.8215-20 region.

Forex_Analysis_EURGBP_Classic_Technical_Report_01.14.2013_body_Picture_1.png, Forex Analysis: EUR/GBP Classic Technical Report 01.14.2013

Daily Chart - Created Using FXCM Marketscope 2.0

--- Written by Ilya Spivak, Currency Strategist for Dailyfx.com

To contact Ilya, e-mail ispivak@dailyfx.com. Follow Ilya on Twitter at @IlyaSpivak

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