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Forex: GBP EUR Evolution

June 3, 2012 by Forex Market

Evolution EUR GBP:

The couple EURGBP continues to present a flat trend that shows a rise in the short term. The triangle was broken but not seen the familiar pull back. Given this we can estimate the resistance to consider is around 0.90. The second is at 0.93 while the third is at levels close to 0.94. The RSI indicator is in a neutral area 58.60 but must be closely monitored to find signs of entry or exit.

According to an analysis of the trend moving averages that prevails at the moment is the first bull whose roof can be placed 0.8939 (5 ​​times the average crosses above the 12-periods).

According to the macroeconomic agenda for this week, do not expect important announcements affecting the British currency.

The volume shows no change and remains within the levels prevailing since October last year.

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  4. Forex: EUR USD Evolution
  5. Forex: Evolution of the EUR / GBP
  6. Forex: USD HDK Evolution
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