Melbourne Qindex 22:55 GMT April 25, 2012 - My Profile
EUR/GBP (0.8177) : Critical Point 0.8080 : Reply
Sell EURGBP
Entry: 0.8179 Target: 0.8093 Stop:
EUR/GBP (0.8173) : Critical Resistance 0.8215 // 0.8237
The bias is still on the downside when the market closed below 0.8190 in the New York session. The weekly cycle pivot centres are positioning at 0.8035 - 0.8159 - 0.8237. Speculative selling pressure will increase when the market is below 0.8151.
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EUR/USD : Monthly Cycle Charts