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EUR/GBP technicals: support at .8665

By Sean Lee  || February 5, 2010 at 01:11 GMT
|| 3 comments || Add comment

The 61.8% retracement of the .8600/.8765 rally comes in around .8665 and this level will need to hold if the short term recovery is to be maintained. The 50% retracement is at .8685 and that is the approximate low so far.

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3 Responses to “EUR/GBP technicals: support at .8665”

  1. samix on February 5th, 2010 12:18 GMT

    hello sean,wat u think,is it advisable to go short on eur/gbp,to maybe 0.8688..thnx

  2. Bear on February 5th, 2010 12:44 GMT

    Samix. Im sure Sean will be well and truely in the pub by now as its 11.43pm on a friday night in Sydney.

  3. samix on February 5th, 2010 12:56 GMT

    oh thnx Bear…so pls,do u have any answer to ma question on the eur/gbp pair…thnnx



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