Tuesday, April 14, 2015

EUR/GBP Forex pair

Summary : Target Level : 0.717Target Period : 3 days
Analysis :
Descending Triangle has broken through the support line at 13-Apr-12:00 2015 GMT. Possible bearish price movement forecast for the next 3 days towards 0.717.

Supporting Indicators :
Downward sloping Moving Average

Resistance Levels :
( A ) 0.727Last resistance turning point of Descending Triangle.

Support Levels