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Report date: 23/04/2014
* All times are displayed in GMT (London time)

Summary

BUY
We look to Buy at the 7:00am open with a stop at .8190


Resistance 3 .8300
Resistance 2 .8280
Resistance 1 .8250
Support 1 .8196
Support 2 .8184
Support 3 .8150

Last Update 23/04/2014 - 11:21am

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Analysis

Today’s Call – EURGBP – We look to Buy at the 7:00am open with a stop at .8190

EURGBP- Despite the move lower yesterday, supportive buying has managed to sustain value around the .8200 area and the significant support levels have held so far. This has led to some overnight strength and hourly reversal candles indicating a possible reaction rally may be building. This has resulted in our bias remaining mildly bullish going into today. We look to Buy at the 7:00am open with a stop at .8190. Profit targets are .8250 & .8280

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Disclaimer: This is a promotional sample of our financial analysis. It is provided so that potential clients can see the detail and formation of the information we provide. It is not a recommendation to buy or sell, nor does it constitute advice and you should not act upon this information. Hypothetical and simulated performance results do not represent actual trading, may not account for actual market factors and have many limitations. You may not achieve similar profits or results. No representation is being made with respect to performance, profits or results.

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