XT_Mobile_970x250_XFR
  1. Hello Guest Would you like to receive a FREE $50 No Deposit Bonus ? Check this

Has the EURGBP fallen enough for now?

Discussion in 'Technical Analysis' started by ForexLive, May 25, 2016.

  1. ForexLive

    ForexLive Forum Member

    Joined:
    Sep 2, 2015
    Messages:
    14,591
    Likes Received:
    1
    Off lows but... The EURGBP has moved about 190 pips from the highs this week. That is about a 2.45% decline. Not bad. As outlined last week, the pair did move below neckline support and the 100 day MA. Yes, there was a correction at the end of last week, but the trend restarted this week with the better Brexit talk.

    Read full forex technical analysis here
     

Share This Page

Trade indices Online