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Euro ans Gbp update

Posted on November 19, 2008 at 14:22 in Short-Term Analysis by Valeria Bednarik

Euro is passing the resistance @ 1.2740 and Gbp @ 1.5180, and as long as that zones hold, both can continue to the upside, with Gbp final target at 1.5380 with and intermediate resistance at 1.5254. Euro has next resistances at 1.2790/1.2800, and then 1.2830. Expect some corrections in the immediate short term if the first values mentioned don’t hold.

Tags: eurusd, gbpusd

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