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EURGBP Accelerates Up-Move After Important Resistance Break

Discussion in 'Technical Analysis' started by Kaitlin, Dec 10, 2015.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    ECB's disappointment fueled all the Euro heading pairs during Thursday. The EURGBP, not being an exception, also rallied based on that news and break through 0.7200 important resistance confluence, comprising 100-day and 200-day SMA together with 23.6% Fibonacci Retracement of its October 2014 – July 2015 downside. The pair, after[​IMG]

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