• 9 hours Lyft IPO: Get Ready For A Bumpy Ride
  • 12 hours Newmont Mining Teases Investors With Special Dividend
  • 15 hours Central Banks Double Down On Gold
  • 17 hours Don't Write Off Cryptocurrencies Just Yet
  • 1 day Trade In Counterfeit Goods Hits Half A Trillion Dollars
  • 2 days Tesla Struggles To Compete In European Market
  • 2 days China: The New King Of Caviar
  • 3 days Gold Mid-Tiers Rally On Fresh Earnings Reports
  • 3 days Can The British Pound Overcome Brexit?
  • 4 days Is A Gold Breakout Near?
  • 4 days Federal Reserve Downgrades U.S. Growth And Cuts Rate Hikes
  • 4 days Disney Beats Out Comcast In $71.3B Mega-Merger
  • 5 days The Feds Continue To Prop Up Equities Markets
  • 5 days Bejing's Sway In South China Sea Is Fading
  • 5 days Saudis Eye Billions As Stocks Get Emerging Market Boost
  • 5 days Airbnb In Acquisition Mode Ahead Of IPO
  • 6 days Gold Hangs At $1,300 Ahead Of Fed Meeting
  • 6 days Champagne Sales Slow As European Economic Worries Grow Louder
  • 6 days Putin Signs “Digital Iron Curtain” Into Law
  • 6 days Russian Metals Magnate Sues U.S. Over Sanctions
Tesla Struggles To Compete In European Market

Tesla Struggles To Compete In European Market

Tesla continues to catch the…

Trade In Counterfeit Goods Hits Half A Trillion Dollars

Trade In Counterfeit Goods Hits Half A Trillion Dollars

The counterfeit market has breached…

  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