Forex: EUR/GBP at 105-day high

on Jul 16, 2013
Listen Tuesday July 16th_: The EUR/GBP has been steadily gaining today, up 0.32 percent so far on the opening price of 0.8649. Half an hour ago, around 14.30 BST, the pair reached a 105-day high at 0.8694.

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If the 0.8700 target is reached, the next stop upwards will be the 0.8800 level.
The pair is trading above the MA89 and MA200 on the 1H, 4H and daily charts. The MACD (9,12,1) is positive on the same scales and these facts also support a northbound EUR/GBP.
Resistances: 0.8690, 0.8700 and 0.8720.
Supports: 0.8670, 0.8645 and 0.8615.



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EUR Forex