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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 | Aug 22 14 09:09 GMT
Intraday bias in EUR/GBP remains neutral for the moment. Another rise is still expected with 0.7920 minor support intact. As noted before, the larger trend is possibly reversing. Above 0.8035 will extend the rebound from 0.7873 short term bottom to 0.8157 key support turned resistance first. Sustained break of 0.8157 will confirm this bullish case. On the downside, below 0.7920 will dampen this bullish case and turn bias back to the downside for 0.7873 support.
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EUR/GBP Daily Outlook Print E-mail
EURGBP Outlook | Written by ActionForex.com | Aug 21 14 06:52 GMT
Intraday bias in EUR/GBP remains neutral for the moment. Another rise is still expected with 0.7920 minor support intact. As noted before, the larger trend is possibly reversing. Above 0.8035 will extend the rebound from 0.7873 short term bottom to 0.8157 key support turned resistance first. Sustained break of 0.8157 will confirm this bullish case. On the downside, below 0.7920 will dampen this bullish case and turn bias back to the downside for 0.7873 support.
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EUR/GBP Daily Outlook Print E-mail
EURGBP Outlook | Written by ActionForex.com | Aug 20 14 06:37 GMT
Intraday bias in EUR/GBP remains neutral for the moment. Another rise is still expected with 0.7920 minor support intact. As noted before, the larger trend is possibly reversing. Above 0.8035 will extend the rebound from 0.7873 short term bottom to 0.8157 key support turned resistance first. Sustained break of 0.8157 will confirm this bullish case. On the downside, below 0.7920 will dampen this bullish case and turn bias back to the downside for 0.7873 support.
Read more...
 
EUR/GBP Daily Outlook Print E-mail
EURGBP Outlook | Written by ActionForex.com | Aug 19 14 05:04 GMT
Intraday bias in EUR/GBP remains neutral for the moment. Another rise is still expected with 0.7920 minor support intact. As noted before, the larger trend is possibly reversing. Above 0.8035 will extend the rebound from 0.7873 short term bottom to 0.8157 key support turned resistance first. Sustained break of 0.8157 will confirm this bullish case. On the downside, below 0.7920 will dampen this bullish case and turn bias back to the downside for 0.7873 support.
Read more...
 
EUR/GBP Daily Outlook Print E-mail
EURGBP Outlook | Written by ActionForex.com | Aug 18 14 06:32 GMT
A temporary top is in place at 0.8035 in EUR/GBP and intraday bias is turned neutral first. But another rise is still expected with 0.7920 minor support intact. As noted before, the larger trend is possibly reversing. Above 0.8035 will extend the rebound from 0.7873 short term bottom to 0.8157 key support turned resistance first. Sustained break of 0.8157 will confirm this bullish case. On the downside, below 0.7920 will dampen this bullish case and turn bias back to the downside for 0.7873 support.
Read more...
 
EUR/GBP Weekly Outlook Print E-mail
EURGBP Outlook | Written by ActionForex.com | Aug 16 14 09:16 GMT
EUR/GBP's rebound from 0.7873 extended higher last week and breached 0.8033 resistance. Initial bias remains on the upside this week for 0.8157 key support turned resistance. As noted before, recent the larger trend is possibly reversing. Sustained break of 0.8157 will confirm this bullish case. On the downside, below 0.7920 will dampen this bullish case and turn bias back to the downside for 0.7873 support.
Read more...
 
EUR/GBP Daily Outlook Print E-mail
EURGBP Outlook | Written by ActionForex.com | Aug 15 14 07:32 GMT
The rebound from 0.7873 extended to as high as 0.8035 so far and intraday bias remains on the upside. The larger trend is possibly reversing. Sustained trading above 0.8033 will target 0.8157 key support turned resistance for confirming this bullish case. On the downside, below 0.7920 will dampen this bullish case and turn bias back to the downside for 0.7873 support.
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EUR/GBP Daily Outlook Print E-mail
EURGBP Outlook | Written by ActionForex.com | Aug 14 14 05:09 GMT
Despite a deep retreat, EUR/GBP was held above 0.7915 minor support and the rebound from 0.7873 then recovered. The cross hit as high as 0.8019 so far. Intraday bias remains on the upside and the rebound from 0.7873 short term bottom should target 0.8033 resistance first. The larger trend is possibly reversing and break of 0.8033 will target 0.8157 key support turned resistance for confirming this bullish case. On the downside, below 0.7920 will dampen this bullish case and turn bias back to the downside for 0.7873 support.
Read more...
 
EUR/GBP Daily Outlook Print E-mail
EURGBP Outlook | Written by ActionForex.com | Aug 13 14 04:37 GMT
No change in EUR/GBP's outlook. The rebound from 0.7873 short term bottom is expected to extend higher for 0.8033 resistance. The larger trend is possibly reversing and break of 0.803 will target 0.8157 key support turned resistance for confirming this bullish case. On the downside, below 0.7915 will dampen this bullish case and turn bias back to the downside for 0.7873 support.
Read more...
 
EUR/GBP Daily Outlook Print E-mail
EURGBP Outlook | Written by ActionForex.com | Aug 12 14 05:58 GMT
No change in EUR/GBP's outlook. The rebound from 0.7873 short term bottom is expected to extend higher for 0.8033 resistance. The larger trend is possibly reversing and break of 0.803 will target 0.8157 key support turned resistance for confirming this bullish case. On the downside, below 0.7915 will dampen this bullish case and turn bias back to the downside for 0.7873 support.
Read more...
 
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