The Traderszone Network

Published in TZ Latest News 10 March, 2016 by The TZ Newswire Staff

Forex technical analysis: EURGBP falls below recent floor

Traders eyeing 0.7695 area (say 0.7700) as risk above
The EURGBP has also tumbled on the back of the ECB decision. The pair has moved below the 0.7690-99 area level which has been the home of a number of swing lows going back to Feb 15 on the 4-hour chart. This is now the risk for sellers.