• 867 days Will The ECB Continue To Hike Rates?
  • 868 days Forbes: Aramco Remains Largest Company In The Middle East
  • 869 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,269 days Could Crypto Overtake Traditional Investment?
  • 1,274 days Americans Still Quitting Jobs At Record Pace
  • 1,276 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,279 days Is The Dollar Too Strong?
  • 1,279 days Big Tech Disappoints Investors on Earnings Calls
  • 1,280 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,282 days China Is Quietly Trying To Distance Itself From Russia
  • 1,282 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,286 days Crypto Investors Won Big In 2021
  • 1,286 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,287 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,289 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,290 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,293 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,294 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,294 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,296 days Are NFTs About To Take Over Gaming?
Is The Bull Market On Its Last Legs?

Is The Bull Market On Its Last Legs?

This aging bull market may…

How The Ultra-Wealthy Are Using Art To Dodge Taxes

How The Ultra-Wealthy Are Using Art To Dodge Taxes

More freeports open around the…

What's Behind The Global EV Sales Slowdown?

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

  1. Home
  2. Markets
  3. Other

EUR/GBP: Sliding Back To Its Lows at 0.8168

EUR/GBP has sharply declined. Prices are now close to the key support at 0.8168. A break of the hourly resistance at 0.8249 (intraday low) is needed to suggest something more than a dead cat bounce.

In the longer term, the technical structure remains negative as long as prices remain below the resistance at 0.8350 (13/01/2014 high). Monitor the support implied by the 61.8% retracement (of the 2012-2013 rise) at 0.8160. Another key support can be found at 0.8082 (01/01/2013 low).

Daily Technical Report

 

Read the Report

Back to homepage

Leave a comment

Leave a comment