EUR/GBP has broken the major support area between 0.7755 (23/07/2012 low) and 0.7694 (20/10/2008 low). Hourly resistances can now be found at 0.7705 (intraday high) and 0.7747 (15/01/2015 high). An hourly support lies at 0.7596 (16/01/2015 low). • In the long-term, the break of the major support area between 0.7755 (23/07/2012 low) and 0.7694 (20/10/2008 low) confirms an underlying downtrend. Another support lies at 0.7392 (28/01/2008 low). A key resistance now lies at 0.7875 (25/12/2014 high).
Posted on: Tue, 20 Jan 2015 11:16:22 +0000
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