EUR/GBP: Levels Remain The Same
Jason Sen | Nov 20, 2014 04:16AM ET
EURGBP same levels apply for today with immediate resistance at 8030 then a selling opportunity at 8047/52. A high for the day is expected but our shorts need stops above 8070.
Below 8000 targets immediate support at 7985/80. This could hold the downside initially, but longs need a stop below 7970. On a break lower we should see 7980/85 act as resistance for a move towards support at 7950/45. A good chance this will mark the low for the day and it is worth trying longs here with a stop below 7930.
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