Wednesday, August 17, 2011

Intraday EUR/GBP 17.8.2011

Intraday EUR/GBP: the RSI is mixed and calls for caution. Suggests short positions below 0.8800, with targets at 0.8730 and 0.8710 in extension. Above 0.8800 look for further upside, with 0.8830 and 0.8850 as targets.

Weekly chart EUR/GBP trend: Bullish

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