EURGBP

This is currently knocking on the door

I'm looking for this one to retrace to the 0.8131 - 0.8108 area before resume the march North toward 0.83+

This looks like its testing the breakout point. will it hold????


It could be argued that the breakout point is 8153 as this level was the original resistance from june 11th.



trying to be accurate is my down fall

Hi all

Look what it bounced off........

clip2net.com/s/2ESGe
261 and the old weekly support

Now then the bearish engulfing looks good at this level but the resistance support needs taking care of as remo pointed out.

RMc

I'm going to go long on this pair at the uptrend support which is at 0.8059 today. First attempt only as usual and a stop below 0.8032:



dl.dropbox.com/u/20815047/EURGBPdaily03_01_13.gif

This pair has hit the main downtrend resistance today:



dl.dropbox.com/u/20815047/EURGBPdaily30_01_13.gif