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Nov 28 22:43 GMT

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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 | Nov 28 14 04:06 GMT
Near term outlook in EUR/GBP remains neutral for the moment. The cross is close to 0.7740/55 key support zone. Yet, it failed to break through 0.8065 to confirm reversal. On the upside, break of 0.8065 will indicate larger trend reversal and target 0.8157 resistance first. On the downside, sustained break of 0.7740 will carry bearish implications.
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EUR/GBP Daily Outlook Print E-mail
EURGBP Outlook | Written by ActionForex.com | Nov 27 14 08:49 GMT
Near term outlook in EUR/GBP remains neutral for the moment. The cross is close to 0.7740/55 key support zone. Yet, it failed to break through 0.8065 to confirm reversal. On the upside, break of 0.8065 will indicate larger trend reversal and target 0.8157 resistance first. On the downside, sustained break of 0.7740 will carry bearish implications.
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EUR/GBP Daily Outlook Print E-mail
EURGBP Outlook | Written by ActionForex.com | Nov 26 14 08:13 GMT
Near term outlook in EUR/GBP remains neutral for the moment. The cross is close to 0.7740/55 key support zone. Yet, it failed to break through 0.8065 to confirm reversal. On the upside, break of 0.8065 will indicate larger trend reversal and target 0.8157 resistance first. On the downside, sustained break of 0.7740 will carry bearish implications.
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EUR/GBP Daily Outlook Print E-mail
EURGBP Outlook | Written by ActionForex.com | Nov 25 14 03:26 GMT
Near term outlook in EUR/GBP is neutral for the moment. The cross is close to 0.7740/55 key support zone. Yet, it failed to break through 0.8065 to confirm reversal. On the upside, break of 0.8065 will indicate larger trend reversal and target 0.8157 resistance first. On the downside, sustained break of 0.7740 will carry bearish implications.
Read more...
 
EUR/GBP Daily Outlook Print E-mail
EURGBP Outlook | Written by ActionForex.com | Nov 24 14 02:47 GMT
Near term outlook in EUR/GBP is neutral for the moment. The cross is close to 0.7740/55 key support zone. Yet, it failed to break through 0.8065 to confirm reversal. On the upside, break of 0.8065 will indicate larger trend reversal and target 0.8157 resistance first. On the downside, sustained break of 0.7740 will carry bearish implications.
Read more...
 
EUR/GBP Weekly Outlook Print E-mail
EURGBP Outlook | Written by ActionForex.com | Nov 22 14 02:53 GMT
EUR/GBP reached as high as 0.8038 last week but reversed to close the week. Initial bias is turned neutral this week first. Near term outlook is neutral for the moment as EUR/GBP is close to 0.7740/55 key support zone. Yet, it failed to break through 0.8065 to confirm reversal. On the upside, break of 0.8065 will indicate larger trend reversal and target 0.8157 resistance first. On the downside, sustained break of 0.7740 will carry bearish implications.
Read more...
 
EUR/GBP Daily Outlook Print E-mail
EURGBP Outlook | Written by ActionForex.com | Nov 21 14 08:43 GMT
With 0.7954 minor support intact, further rise is still expected in EUR/GBP for 0.8065 key near term resistance. Decisive break there will indicate larger trend reversal and will turn outlook bullish. On the downside, below 0.7954 minor support will turn bias neutral and would probably extend the sideway pattern from 0.7766.
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EUR/GBP Daily Outlook Print E-mail
EURGBP Outlook | Written by ActionForex.com | Nov 20 14 05:43 GMT
With 0.7954 minor support intact, further rise is still expected in EUR/GBP for 0.8065 key near term resistance. Decisive break there will indicate larger trend reversal and will turn outlook bullish. On the downside, below 0.7954 minor support will turn bias neutral and would probably extend the sideway pattern from 0.7766.
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EUR/GBP Daily Outlook Print E-mail
EURGBP Outlook | Written by ActionForex.com | Nov 19 14 05:13 GMT
EUR/GBP's rise extends to as high as 0.8023 so far. Further rally is still expected to 0.8065 key near term resistance. Decisive break there will indicate larger trend reversal and will turn outlook bullish. On the downside, below 0.7954 minor support will turn bias neutral and would probably extend the sideway pattern from 0.7766.
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EUR/GBP Daily Outlook Print E-mail
EURGBP Outlook | Written by ActionForex.com | Nov 18 14 08:42 GMT
EUR/GBP lost some upside momentum. But with 0.7934 minor support intact, further rise is still in favor for 0.8065 key key near term resistance. Decisive break there will indicate larger trend reversal and will turn outlook bullish. On the downside, below 0.7934 minor support will turn bias neutral and would probably extend the sideway pattern from 0.7766.
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