Tuesday, September 8, 2015

EUR/GBP chart

Summary :
Target Level : 0.7284
Target Period : 2 days

Analysis :
Triangle identified at 07-Sep-12:00 2015 GMT. This pattern is still in the process of forming. Possible bearish price movement towards the support 0.728 within the next 2 days.

Supporting Indicators :
Downward sloping Moving Average

Resistance Levels :
( B ) 0.7355Last resistance turning point of Triangle.

Support Levels
( A ) 0.7284Last support turning point of Triangle.