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Forex Analysis: EUR/GBP Classic Technical Report 01.10.2013

Ilya Spivak

Prices have mounted a recovery from rising trend line support (now at 0.8108) to retest a horizontal barrier at 0.8154. A break above this level targets a rising channel top at 0.8238. Alternatively, a reversal lower through the trend line targets the channel’s lower boundary at 0.8034.


Forex_Analysis_EURGBP_Classic_Technical_Report_01.10.2013_body_Picture_1.png, Forex Analysis: EUR/GBP Classic Technical Report 01.10.2013

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


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