Forex: EUR/GBP almost reaches 0.8600

on Jun 28, 2013
Listen Friday June 28th_: Currently the price is trading at 0.8576 and the MACD divergence on the one-hour chart has been violated.

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On the 1H, 4H and daily timeframes the price is residing above the MA89 and MA200. For the same time periods the MACD indicator is positive.
So far today the pair is 0.32 percent up and since Monday’s opening price the EUR/GBP has risen by 0.60 percent (biggest weekly movement for the month).
Today’s high of 0.8589 is close to the daily target of 0.8600.

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EUR Forex