• 675 days Will The ECB Continue To Hike Rates?
  • 675 days Forbes: Aramco Remains Largest Company In The Middle East
  • 677 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,077 days Could Crypto Overtake Traditional Investment?
  • 1,081 days Americans Still Quitting Jobs At Record Pace
  • 1,083 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,086 days Is The Dollar Too Strong?
  • 1,087 days Big Tech Disappoints Investors on Earnings Calls
  • 1,088 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,089 days China Is Quietly Trying To Distance Itself From Russia
  • 1,090 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,093 days Crypto Investors Won Big In 2021
  • 1,094 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,095 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,097 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,097 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,100 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,101 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,101 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,103 days Are NFTs About To Take Over Gaming?
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…

Is The Bull Market On Its Last Legs?

Is The Bull Market On Its Last Legs?

This aging bull market may…

The Problem With Modern Monetary Theory

The Problem With Modern Monetary Theory

Modern monetary theory has been…

  1. Home
  2. Markets
  3. Other

EUR/GBP - Monitoring Resistance At 0.7928

EUR/GBP's is still in rangy mode. Yet, the pair keeps on trading around its year-high. Hourly support lies at 0.7652 (10/03/2016 low). Next support can be found at 0.7525 (22/01/2016 low) while strong resistance is given at 0.7928 (25/03/2016 high) still stands. The technical structure suggests that the pair should show continued increase.

In the long-term, the technical structure suggests a growing upside momentum. The pair is trading well above its 200 DMA. Strong resistance can be found at 0.8066 (10/09/2014 high).

Daily Technical Report

 

Read the Report

Back to homepage

Leave a comment

Leave a comment