Home EURGBP- Declines Further
Forex Bits

EURGBP- Declines Further

EURGBP- Having continued to weaken, the cross looks to extend that weakness. On the downside, support lies at the 0.6900 level where a break will expose the 0.6850 level.

Further down, support comes in at the 0.6800 level where a violation will turn attention to the 0.6750 level. On the upside, resistance lies at the 0.7050 level where a violation if seen will turn focus to the 0.7100 level. On further upside, a breach of the 0.7150 level will set the stage for a run at the 0.7200 level. All in all, risk points lower on more weakness.

eurusd

FX Tech Strategy

FX Tech Strategy

FX Tech Strategy provides simple forex research for Intra-day, swing and position traders. For over 6 years, FXTechstrategy has been committed to providing forex traders including intra-day, swing and position traders exceptional forex research with technical analysis expertise that makes trading decisions easy and painless. FXTchstrategy won Best Technical Analysis (forex best awards) by fxstreet in 2011 and was finalists, Star Awards by traderplanet in 2011 & 2012.