Tuesday, January 5, 2016

EUR/GBP Chart

Summary : Target Level : 0.7335
Target Period :
2 days

Analysis :
Channel Up identified at 04-Jan-17:00 2016 GMT. This pattern is still in the process of forming. Possible bearish price movement towards the support 0.734 within the next 2 days.

Supporting Indicators :
Downward sloping Moving Average

Resistance Levels :
( B ) 0.7424Last resistance turning point of Channel Up.

Support Levels
( A ) 0.7335Last support turning point of Channel Up.