EUR/GBP Technical Analysis – Support Now at 0.8322

DailyFX

To receive Ilya's analysis directly via email, please SIGN UP HERE

Talking Points

  • We continue tohold short after prices broke support at 0.8358 (38.2% Fib)
  • Sellers now aim to challenge 0.8322 (50% Fib); below that targets 0.8287 (61.8% Fib)
  • Back above 0.8358 targets resistance at 0.8401 (23.6% Fib, falling channel top)

Confirm your chart-based trade setups with the Technical Analyzer.

View photo

.
dailyclassics_eur-chf_body_Picture_9.png, EUR/GBP Technical Analysis – Support Now at 0.8322

Daily Chart - Created Using FXCM Marketscope 2.0

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

Contact and follow Ilya on Twitter: @IlyaSpivak

New to FX? Watch this Video

For live market updates, visit the Real Time News Feed

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.
Learn forex trading with a free practice account and trading charts from FXCM.

View Comments (0)