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Weekly forecast Euro / British Pound technical chart
Symbol EURGBP

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Trading suggestion:

  • By appearing primary signs of entering the market, new entry zone and short-term targets would be published.

DateAugust 18, 2012 - 17:43
Currentdowntrend
Forecastending of downtrend

Midterm forecast:

  • The current trend is downtrend and the forecast is ending of downtrend.

Technical analysis:

  • Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
  • Relative strength index (RSI) is 47.

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