Παρασκευή 5 Φεβρουαρίου 2016

Technical Analysis EUR/GBP

A bull market since the mid-November is still running and last week’s news strengthen the trend. Our analysis indicates that no resistances occur and in the other hand the internal resistance at 0, 7692 together with the uptrend trend line can confirm that the currency will go up for new high. We go long at 0, 7700 setting our take profit at 0, 7725 and our stop loss on our second resistance at 0, 7680.

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