Feedback Form
24 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

EUR/GBP Approaches Resistance Cluster with Key Risk Events

posted by Avatar FXTimes 477 days ago in EUR, GBP, Technical made popular 477 days ago

EUR/GBP’s break above 0.84-0.8420 resistance area opened up a quick swing to 0.85 before stalling. The market is now approaching a resistance cluster from the 0.85 psychological resistance to the then-support-pivots seen in September, October, and November 2011 – now tested as resistance. A bit higher, to 0.8550, we have a declining trendline...
Log in to comment or register here.