Back
9 Aug 2013
EUR/GBP supported above 0.8600
FXstreet.com (London) - EUR/GBP is continues to be supported above 0.8600 since Carney.
EUR/GBP has been a muted play towards the end of this week, with very little there to give holiday markets the impetus or any stimuli to much with. As the end of the week draws in, traders will be mostly looking out for next weeks BoE minutes to offer some further, hopefully, direction and clarity on the forward guidance that actually came a little vague from Carneys Inflation Report.
EUR/GBP supported before failure to June low
EUR/GBP is sidelined and failure here could open up losses back to 0.8493. The 20 dma is 0.8644, the 50 dma is 0.8584, and the 200 dma comes 0.8438. RSI (9) reads 43.20. Supports are ascending from 0.8464, 0.8512, 0.8550, 0.8575. Spot is currently 0.8606 while resistances are 0.8730, 0.8745, 0.8770, 0.8815
EUR/GBP has been a muted play towards the end of this week, with very little there to give holiday markets the impetus or any stimuli to much with. As the end of the week draws in, traders will be mostly looking out for next weeks BoE minutes to offer some further, hopefully, direction and clarity on the forward guidance that actually came a little vague from Carneys Inflation Report.
EUR/GBP supported before failure to June low
EUR/GBP is sidelined and failure here could open up losses back to 0.8493. The 20 dma is 0.8644, the 50 dma is 0.8584, and the 200 dma comes 0.8438. RSI (9) reads 43.20. Supports are ascending from 0.8464, 0.8512, 0.8550, 0.8575. Spot is currently 0.8606 while resistances are 0.8730, 0.8745, 0.8770, 0.8815