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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 Weekly Outlook Print E-mail
EURGBP Outlook | Written by ActionForex.com | Feb 13 16 13:45 GMT
EUR/GBP rose to 0.7896 last week but formed a temporary top there and retreated. Initial bias is neutral this week for some consolidations first. Downside should be contained by 0.7525 support and bring another rally. Above 0.7896 will target next long term fibonacci level at 0.8029.
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EUR/GBP Daily Outlook Print E-mail
EURGBP Outlook | Written by ActionForex.com | Feb 11 16 08:59 GMT
EUR/GBP's rally is still in progress and intraday bias remains on the upside for next long term fibonacci level at 0.8029. On the downside, break of 0.7525 support is needed to indicate short term topping. Otherwise, outlook will stay bullish in case of retreat.
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EUR/GBP Daily Outlook Print E-mail
EURGBP Outlook | Written by ActionForex.com | Feb 10 16 08:07 GMT
Intraday bias in EUR/GBP remains on the upside for the moment. Current rally fro 0.6935 should target next long term fibonacci level at 0.8029. On the downside, break of 0.7525 support is needed to indicate short term topping. Otherwise, outlook will stay bullish in case of retreat.
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EUR/GBP Daily Outlook Print E-mail
EURGBP Outlook | Written by ActionForex.com | Feb 09 16 07:15 GMT
The break of 0.7754 resistance indicate resumption of recent rise from 0.6935. Intraday bias is back on the upside for the next long term fibonacci level at 0.8029. On the downside, break of 0.7525 support is needed to indicate short term topping. Otherwise, outlook will stay bullish in case of retreat.
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EUR/GBP Daily Outlook Print E-mail
EURGBP Outlook | Written by ActionForex.com | Feb 08 16 09:41 GMT
Intraday bias in EUR/GBP remains neutral as the consolidation pattern from 0.7754 short term top might extend. Another pull back cannot be ruled out. But downside should be contained well above 0.7311 and bring rebound. Overall, rise from 0.6981 is expected to resume later. Above 0.7754 will target next long term fibonacci level at 0.8029.
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EUR/GBP Weekly Outlook Print E-mail
EURGBP Outlook | Written by ActionForex.com | Feb 06 16 14:45 GMT
EUR/GBP stayed in the consolidation pattern from 0.7754 short term top and outlook is unchanged. Initial bias remains neutral this week first. Another pull back cannot be ruled out. But downside should be contained well above 0.7311 and bring rebound. Overall, rise from 0.6981 is expected to resume later. Above 0.7754 will target next long term fibonacci level at 0.8029.
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EUR/GBP Daily Outlook Print E-mail
EURGBP Outlook | Written by ActionForex.com | Feb 04 16 10:17 GMT
Intraday bias in EUR/GBP remains neutral for the moment as consolidation from 0.7754 continues. Deeper pull back cannot be ruled out. But downside should be contained well above 0.7311 and bring rebound. Overall, rise from 0.6981 is expected to resume later. Above 0.7754 will target next long term fibonacci level at 0.8029.
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EUR/GBP Daily Outlook Print E-mail
EURGBP Outlook | Written by ActionForex.com | Feb 03 16 08:29 GMT
Intraday bias in EUR/GBP remains neutral for the moment as consolidation from 0.7754 continues. Deeper pull back cannot be ruled out. But downside should be contained well above 0.7311 and bring rebound. Overall, rise from 0.6981 is expected to resume later. Above 0.7754 will target next long term fibonacci level at 0.8029.
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EUR/GBP Daily Outlook Print E-mail
EURGBP Outlook | Written by ActionForex.com | Feb 02 16 10:38 GMT
Intraday bias in EUR/GBP remains neutral for the moment as consolidation from 0.7754 continues. Deeper pull back cannot be ruled out. But downside should be contained well above 0.7311 and bring rebound. Overall, rise from 0.6981 is expected to resume later. Above 0.7754 will target next long term fibonacci level at 0.8029.
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EUR/GBP Daily Outlook Print E-mail
EURGBP Outlook | Written by ActionForex.com | Feb 01 16 08:37 GMT
Intraday bias in EUR/GBP remains neutral for the moment as consolidation from 0.7754 continues. Deeper pull back cannot be ruled out. But downside should be contained well above 0.7311 and bring rebound. Overall, rise from 0.6981 is expected to resume later. Above 0.7754 will target next long term fibonacci level at 0.8029.
Read more...
 
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