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EUR/GBP Shows Little Action

EUR/GBP changed little in the morning, but maintains a bullish perspective on the daily chart as is still located in the green area. The next upside targets will be at the upper median line (UML) of the major ascending pitchforks and at the 0.9226 horizontal resistance. Th outlook is bullish as long as is trading above the median line (ml) of the minor blue ascending pitchfork.

MultiBank Exchange Group
MultiBank Exchange Grouphttp://www.mexgroup.com
Multibank Exchange Group (MEX Group) is a multinational financial derivatives dealer. Established in California in 2005, MEX has offices in several countries around the world, including the US, the UK, Australia and China. Mex Group is regulated by the Australian Securities and Investment Commission (ASIC) in Australia, the Ras al Khaimah Free Trade Zone (RAK) in the United Arab Emirates and the Financial Services Commission (FSC) in the British Virgin Islands.

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