Robert
04-19-2012, 06:17 PM
Welcome to your favorite News Channel. This is just in:
With continued weakness seeing the cross breaking below the 0.8218/08 levels, further declines is likely towards its Aug'2010 low at 0.8141. A loss of here will trigger further weakness towards its 2010 low at 0.8066 level followed by the 0.8000 level, its psycho level. Its daily RSI is bearish and pointing lower suggesting further weakness.
Click here to Read More... (http://www.ibtimes.com/articles/330283/20120419/eurgbp-declines-breaks-key-support-pressure-turns.htm)
With continued weakness seeing the cross breaking below the 0.8218/08 levels, further declines is likely towards its Aug'2010 low at 0.8141. A loss of here will trigger further weakness towards its 2010 low at 0.8066 level followed by the 0.8000 level, its psycho level. Its daily RSI is bearish and pointing lower suggesting further weakness.
Click here to Read More... (http://www.ibtimes.com/articles/330283/20120419/eurgbp-declines-breaks-key-support-pressure-turns.htm)