EUR/GBP: Adventures with Technical Trading offer Insights

The EUR/GBP has climbed in early trading this morning, this after finding a groundswell of support yesterday via technical interpretations.

As of this writing the EUR/GBP is trading near the 0.84500 mark with natural gyrations effectively being demonstrated.  The EUR/GBP has traded near lows of 0.84300 earlier today; yesterday’s low for the EUR/GBP currency pair touched approximately the 0.84170 ratio. The active price of the EUR/GBP is now challenging higher marks seen yesterday before the Forex pair stumbled to its lows.

James Rogers

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