24 Mar 2015
EUR/GBP: About to falter again? - CB
FXStreet (Guatemala) - Karen Jones, chief analyst at Commerzbank noted the technical conditions surrounding the EUR/GBP.
Key Quotes:
"EUR/GBP nears the February 18 low at 0.7349."
"Between it and the four month resistance line at 0.7399 we would expect to see the currency pair start to falter again, though. Dips lower are indicated to terminate along the two week support line at 0.7225 ahead of the March 19 low at 0.7155."
Key Quotes:
"EUR/GBP nears the February 18 low at 0.7349."
"Between it and the four month resistance line at 0.7399 we would expect to see the currency pair start to falter again, though. Dips lower are indicated to terminate along the two week support line at 0.7225 ahead of the March 19 low at 0.7155."