0.857
Today
-0.02%
5 Days
-0.66%
1 Month
-0.87%
6 Months
-1.69%
Year to Date
-1.69%
1 Year
-0.22%
Opening Price
0.857Previous Closing Price
0.857The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.
This feature includes nine of the commonly used technical indicators: MACD, RSI, KDJ, StochRSI, ATR, CCI, WR, TRIX and MA. You may also adjust the timeframe depending on your needs.
Please note that technical analysis is only part of investment reference, and there is no absolute standard for using numerical values to assess direction. The results are for reference only, and we are not responsible for the accuracy of the indicator calculations and summaries.
The configuration is negative.
above 0.8565, look for 0.8577 and 0.8584.
the downside prevails as long as 0.8565 is resistance
EUR/GBP trades around 0.8550 on Thursday, down 0.21% on the day, as the Euro (EUR) remains under pressure against the British Pound (GBP) after another batch of data reinforced expectations of a more cautious European Central Bank (ECB).
Societe Generale strategists highlight that EUR/GBP has completed a Head and Shoulders pattern and broken below its neckline around 0.8610, now seen as initial resistance.
ING’s Chris Turner reports that EUR/GBP has broken below the 0.8600/8610 support, triggering liquidation of expensive, stale Sterling shorts, especially among asset managers.
The EUR/GBP cross loses ground to around 0.8565 during the early European trading hours on Thursday. Fading expectation that the European Central Bank (ECB) will raise the interest rates this year weweighsn the Euro (EUR) against the British Pound (GBP).
The Euro (EUR) falls against the British Pound (GBP) on Wednesday after softer-than-expected Eurozone inflation data reduced expectations for another European Central Bank (ECB) interest rate increase this year.
The Euro (EUR) remains practically flat near 11-month lows against the British Pound (GBP) on Wednesday.
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