Posts Tagged ‘EUR/GBP’
Price action on EUR/GBP, a daily chart of which is shown, dropped down to key support in the important 0.8200 price region, a new 18-month low, before making a bounce as of Tuesday (6/08/2010) morning New York session. This occurs within the context of a steep and accelerated overall downtrend extending from the March highs. [...]
Price action on EUR/GBP, a daily chart of which is shown, has consolidated within a slightly bullish consolidation that has taken the form of an inverted flag pattern. This occurs within the context of a clear downtrend extending from a mid-March high, and after price broke down below a confluence of two different uptrend support [...]
Price action on EUR/GBP, a daily chart of which is shown, has once again dropped down to key support in the 0.8600 price region. This occurs after price broke down below a confluence of two uptrend support lines, one extending from the June 2009 low and the other extending from the July 2007 low. After [...]
Price action on EUR/GBP, a daily chart of which is shown, has tentatively broken down below a confluence of two different uptrend support lines – one extending from the June 2009 low, and the other extending from the July 2007 low. This tentative confluence breakdown occurs within the context of a month-long downtrend extending from [...]
