• 393 days Could Crypto Overtake Traditional Investment?
  • 398 days Americans Still Quitting Jobs At Record Pace
  • 400 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 403 days Is The Dollar Too Strong?
  • 404 days Big Tech Disappoints Investors on Earnings Calls
  • 404 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 406 days China Is Quietly Trying To Distance Itself From Russia
  • 406 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 410 days Crypto Investors Won Big In 2021
  • 411 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 411 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 414 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 414 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 417 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 418 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 418 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 420 days Are NFTs About To Take Over Gaming?
  • 421 days Europe’s Economy Is On The Brink As Putin’s War Escalates
  • 424 days What’s Causing Inflation In The United States?
  • 425 days Intel Joins Russian Exodus as Chip Shortage Digs In
The Problem With Modern Monetary Theory

The Problem With Modern Monetary Theory

Modern monetary theory has been…

Is The Bull Market On Its Last Legs?

Is The Bull Market On Its Last Legs?

This aging bull market may…

  1. Home
  2. Markets
  3. Other

EUR/GBP - Sharp Reversal

EUR/GBP keeps declining after breaking hourly resistance at 0.7442 (02/10/2015 high). Hourly resistance can be found at 0.7302 (25/09/2015 low). Expected increase of the pair.

In the long-term, prices are in an underlying declining trend. The general oversold conditions suggest a limited medium-term downside potential. A key resistance lies at 0.7592 (03/02/2015 high).

Daily Technical Report

 

Read the Report

Back to homepage

Leave a comment

Leave a comment