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Monday, September 13, 2010

FOREX TRADING - Technical EURGBP - Weekly Report 13 - 17 / September / 2010

Monday, September 13, 2010

FOREX TRADING - Technical EURGBP - Weekly Report 13 - 17 / September / 2010Euro vs. Great British Pound (EUR / GBP)
Weekly Report 13/09 – 17/ 09/ 2010
 
The bearish rally from 0.8390 to 0.8200 retraced about 38.2% Fibonacci, where the AB leg was completed suggesting that the above seen harmonic structure could be completed around 88.6% Fibonacci to form a "Bat" pattern. Hence, we believe

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