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Aeron News => Forex Market: News/ Trend/ Technical Analysis => Topic started by: Hemant on March 14, 2011, 11:01:47 pm

Title: EUR/GBP Daily Outlook
Post by: Hemant on March 14, 2011, 11:01:47 pm
EUR/GBP Daily Outlook

EUR/GBP is staying inside near term rising channel and further rise could still be seen towards upper trend line resistance (now at 0.8717). However, note that we're still treating price action from 0.8333 as an expanding triangle and hence, strong resistance must be seen below 100% projection of 0.8284 to<img src="http://feeds.feedburner.com/~r/ActionInsightallTechnical/~4/lgAFQlaYy_g" height="1" width="1"/>

Source: EUR/GBP Daily Outlook (http://feeds.actionforex.com/~r/ActionInsightallTechnical/~3/lgAFQlaYy_g/)