EUR/GBP Forecast September 13, 2012, Technical Analysis
Add a comment
Technical Reports
To learn more click here
EUR/GBP managed to eke out minor gains at the end of the session on Wednesday. The pair was extremely volatile, and as such it looks like we have a real dogfight on our hands at the 0.80 handle. With this being said, that is exactly why we are choosing to stay out of this market right now.
If we manage to get above the 0.81 handle, it is time to start buying this pair. However, we managed to break down below the 0.79 handle, we would start selling this one aggressively. In the meantime, we are simply going to step to the sidelines and see which side wins out.
EUR/GBP Forecast September 13, 2012, Technical Analysis
Gold Forecast May 27, 2013, Technical Analysis
EUR/USD Forecast May 27, 2013, Technical Analysis
AUD/USD Forecast May 27, 2013, Technical Analysis
Friendly Durable Goods Report Reverses EUR/USD to Down
Christopher is a part of the FXEmpire.com analysis team. He writes Forex and Commodities technical analyses on daily and weekly basis. Christopher writes his analyses in a professional and yet simple to understand manner. His analyses are available in both text and videos.
View all of FX Empire Analyst - Christopher Lewis's Articles
