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EUR/GBP - Euro British Pound 12/03/2008
Short term (Intraday)
0,7638. EUR GBP is in a range between 0,7600 and 0,7700. EUR GBP moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is high. Bollinger bands are flat. ForexTrend daily (Mataf Trend Indicator) is in a bullish configuration. The price should continue to move in Bollinger bands.
Resistances
0,7655 - 0,7675
Supports
0,7630 - 0,7600
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Eur-gbp
EUR-GBP
0.7759. Uptrend is still intact in a triangle configuration. It should continue to rally to 0.7768 or 0.7823 if support around 0.7728 hold. After which a pullback to 0.7728 - 0.7712 zone is possible.
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eur/gbp
Yes.EUR/GBP is in bullish trend,it can reach 0.800
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Eur/gbp
can someone think that profit taking will be considered at 0.7990
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