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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 | Jul 30 15 10:29 GMT
EUR/GBP is still limited below 0.7223 resistance and intraday bias stays neutral. Deeper decline is still expected as long as 0.7223 resistance holds. Below 0.6935 will extend recent fall to 0.6652 long term fibonacci level. However, firm break of 0.7223 will indicate near term reversal and will target 0.7482 key near term resistance next.
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EUR/GBP Daily Outlook Print E-mail
EURGBP Outlook | Written by ActionForex.com | Jul 29 15 05:42 GMT
EUR/GBP is still limited below 0.7223 resistance and intraday bias stays neutral. Deeper decline is still expected as long as 0.7223 resistance holds. Below 0.6935 will extend recent fall to 0.6652 long term fibonacci level. However, firm break of 0.7223 will indicate near term reversal and will target 0.7482 key near term resistance next.
Read more...
 
EUR/GBP Daily Outlook Print E-mail
EURGBP Outlook | Written by ActionForex.com | Jul 28 15 05:31 GMT
EUR/GBP is still limited below 0.7223 resistance and intraday bias stays neutral. Deeper decline is still expected as long as 0.7223 resistance holds. Below 0.6935 will extend recent fall to 0.6652 long term fibonacci level. However, firm break of 0.7223 will indicate near term reversal and will target 0.7482 key near term resistance next.
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EUR/GBP Daily Outlook Print E-mail
EURGBP Outlook | Written by ActionForex.com | Jul 27 15 12:39 GMT
EUR/GBP rebounds further to as high as 0.7159 so far today. But upside is still limited below 0.7223 resistance and intraday bias remains neutral. Deeper decline is still expected as long as 0.7223 resistance holds. Below 0.6935 will extend recent fall to 0.6652 long term fibonacci level. However, firm break of 0.7223 will indicate near term reversal and will target 0.7482 key near term resistance next.
Read more...
 
EUR/GBP Weekly Outlook Print E-mail
EURGBP Outlook | Written by ActionForex.com | Jul 25 15 09:33 GMT
EUR/GBP recovered from 0.6935 last week and more consolidations would be seen in near term. Initial bias remains neutral this week first. Deeper decline is still expected as long as 0.7223 resistance holds. Below 0.6935 will extend recent fall to 0.6652 long term fibonacci level.
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EUR/GBP Daily Outlook Print E-mail
EURGBP Outlook | Written by ActionForex.com | Jul 23 15 10:01 GMT
Intraday bias in EUR/GBP remains neutral for consolidation above 0.6935 temporary low. Deeper decline is still expected as long as 0.7223 resistance holds. Below 0.6935 will extend recent fall to 0.6652 long term fibonacci level.
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EUR/GBP Daily Outlook Print E-mail
EURGBP Outlook | Written by ActionForex.com | Jul 22 15 06:56 GMT
A temporary low is in place at 0.6935 in EUR/GBP and intraday bias is turned neutral. Some consolidations would be seen but deeper decline is still expected as long as 0.7223 resistance holds. Below 0.6935 will extend recent fall to 0.6652 long term fibonacci level.
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EUR/GBP Daily Outlook Print E-mail
EURGBP Outlook | Written by ActionForex.com | Jul 21 15 09:35 GMT
With 0.7009 minor resistance intact, deeper fall is expected in EUR/GBP. Current down trend should target 0.6652 long term fibonacci level. On the upside, above 0.7009 minor resistance will turn bring recovery. But near term outlook will stay bearish as long as 0.7223 resistance holds.
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EUR/GBP Daily Outlook Print E-mail
EURGBP Outlook | Written by ActionForex.com | Jul 20 15 04:14 GMT
Intraday bias in EUR/GBP remains on the downside as current down trend would target 0.6652 long term fibonacci level. On the upside, above 0.7009 minor resistance will turn bias neutral and bring consolidations. But near term outlook will stay bearish as long as 0.7223 resistance holds.
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EUR/GBP Weekly Outlook Print E-mail
EURGBP Outlook | Written by ActionForex.com | Jul 18 15 03:23 GMT
EUR/GBP dropped to as low as 0.6936 last week. The break of 0.6985 support confirmed down trend resumption. Initial bias remains on the downside this week for 0.6652 long term fibonacci level. On the upside, above 0.7009 minor resistance will turn bias neutral and bring consolidations. But near term outlook will stay bearish as long as 0.7223 resistance holds.
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