1 Jul 2015
SEB: EUR/GBP requires a move above 0.7126 to see further buying – eFXnews
FXStreet (Barcelona) - The Technical Strategy Team at SEB sees bullish potential for EUR/GBP on a move above 0.7126, as noted by eFXnews.
Key Quotes
“An hourly three wave mid body test (of Monday's rising benchmark candle) has laid the foundation for some further strength near term. A move above 0.7126 will trigger a new round of buying and a likely target at 0.7250. Stochastic also turned higher and with a small bullish divergence.”
This content has been provided under specific arrangement with eFXnews.
Key Quotes
“An hourly three wave mid body test (of Monday's rising benchmark candle) has laid the foundation for some further strength near term. A move above 0.7126 will trigger a new round of buying and a likely target at 0.7250. Stochastic also turned higher and with a small bullish divergence.”
This content has been provided under specific arrangement with eFXnews.