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Action Insight: EURGBP Technical Outlook

Action Insight is the most popular section of the site, read by traders around the world. Our team of analysts work around the clock, analyzing the markets from technical and fundamental perspectives in providing the reports in this section to you.



EUR/GBP Daily Outlook Print E-mail
EURGBP Outlook | Written by ActionForex.com | Jan 30 15 07:57 GMT
Intraday bias in EUR/GBP remains neutral for some more consolidation above 0.7403 temporary low. Upside of recovery should be limited by 0.7594 resistance and bring fall resumption. Below 0.7403 will extend recent fall to next long term key support level at 0.7250/53. Meanwhile, break of 0.7594 will indicate short term bottoming and bring strong rebound.
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EUR/GBP Daily Outlook Print E-mail
EURGBP Outlook | Written by ActionForex.com | Jan 29 15 08:00 GMT
Intraday bias in EUR/GBP remains neutral for some more consolidation above 0.7403 temporary low. Upside of recovery should be limited by 0.7594 resistance and bring fall resumption. Below 0.7403 will extend recent fall to next long term key support level at 0.7250/53. Meanwhile, break of 0.7594 will indicate short term bottoming and bring strong rebound.
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EUR/GBP Daily Outlook Print E-mail
EURGBP Outlook | Written by ActionForex.com | Jan 28 15 07:34 GMT
Intraday bias in EUR/GBP remains neutral for some more consolidation above 0.7403 temporary low. Upside of recovery should be limited by 0.7594 resistance and bring fall resumption. Below 0.7403 will extend recent fall to next long term key support level at 0.7250/53. Meanwhile, break of 0.7594 will indicate short term bottoming and bring strong rebound.
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EUR/GBP Mid-Day Outlook Print E-mail
EURGBP Outlook | Written by ActionForex.com | Jan 27 15 14:34 GMT
A temporary low is in place at 0.7403 and intraday bias is turned neutral for consolidations. But upside of recovery should be limited by 0.7594 resistance and bring fall resumption. Below 0.7403 will extend recent fall to next long term key support level at 0.7250/53. Meanwhile, break of 0.7594 will indicate short term bottoming and bring strong rebound.
Read more...
 
EUR/GBP Daily Outlook Print E-mail
EURGBP Outlook | Written by ActionForex.com | Jan 27 15 08:01 GMT
Near term outlook in EUR/GBP stays bearish as long as 0.7594 support turned resistance holds. Current fall should target next long term key support level at 0.7250/53. Meanwhile, break of 0.7594 will indicate short term bottoming and bring consolidations first before staging another decline.
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EUR/GBP Daily Outlook Print E-mail
EURGBP Outlook | Written by ActionForex.com | Jan 26 15 09:01 GMT
Near term outlook in EUR/GBP stays bearish as long as 0.7594 support turned resistance holds. Current fall should target next long term key support level at 0.7250/53. Meanwhile, break of 0.7594 will indicate short term bottoming and bring consolidations first before staging another decline.
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EUR/GBP Weekly Outlook Print E-mail
EURGBP Outlook | Written by ActionForex.com | Jan 24 15 09:15 GMT
EUR/GBP's decline continued last week and reached as low as 0.7427 and met mentioned target of 100% projection of 0.9083 to 0.7755 from 0.8806 at 0.7478 already. Initial bias remains on the downside this week for next long term key support level at 0.7250/53. On the upside, break of 0.7594 support turned resistance is needed to indicate short term bottoming. Otherwise, outlook will stay bearish in case of recovery.
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EUR/GBP Daily Outlook Print E-mail
EURGBP Outlook | Written by ActionForex.com | Jan 23 15 08:55 GMT
EUR/GBP's fall continues to as low as 0.7516 so far today. Intraday bias remains on the downside for next target of 100% projection of 0.9083 to 0.7755 from 0.8806 at 0.7478. Break will target next key long term support level at 0.7250. On the upside, break of 0.7713 is needed to indicate short term bottoming. Otherwise, outlook will stay bearish in case of recovery.
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EUR/GBP Mid-Day Outlook Print E-mail
EURGBP Outlook | Written by ActionForex.com | Jan 22 15 14:57 GMT
Break of 0.7594 indicates resumption of recent decline in EUR/GBP. Intraday bias is back on the downside and current fall should target 100% projection of 0.9083 to 0.7755 from 0.8806 at 0.7478 next. On the upside, break of 0.7713 is needed to indicate short term bottoming. Otherwise, outlook will stay bearish in case of recovery.
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EUR/GBP Daily Outlook Print E-mail
EURGBP Outlook | Written by ActionForex.com | Jan 20 15 05:54 GMT
A temporary low is in place at 0.7594 and intraday bias is turned neutral for some consolidations. Near term outlook stays bearish as long as 0.7744 resistance holds and further decline is still expected. Below 0.7594 will target 100% projection of 0.9083 to 0.7755 from 0.8806 at 0.7478 next.
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