Forex: EUR/GBP Technical Analysis – Working to Expose 0.82 Mark

Ilya Spivak

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Talking Points

  • Prices are testing support at 0.8235 (23.6% Fib exp.)
  • A break lower on a daily closing basis exposes 0.8191 (38.2% Fib exp.)
  • Near-term resistance is at 0.8301 (falling trend line)

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

dailyclassics_eur-chf_body_Picture_11.png, Forex: EUR/GBP Technical Analysis – Working to Expose 0.82 Mark
dailyclassics_eur-chf_body_Picture_11.png, Forex: EUR/GBP Technical Analysis – Working to Expose 0.82 Mark

Daily Chart - Created Using FXCM Marketscope 2.0

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

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