Sell EUR/GBP on Current Strength – Commerzbank

Sell EUR/GBP on Current Strength – Commerzbank

8 April 2016, 13:28
Roberto Jacobs
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Sell EUR/GBP on Current Strength – Commerzbank

Karen Jones, Head of FICC Technical Analysis at Commerzbank, recommended selling the European cross on ongoing strength.

Key Quotes

EUR/GBP has recently reached target, has a 13 count on the daily chart, complex divergence of the daily RSI and directly overhead lies the 2008-2016 resistance line, which is located just above here at .8162/0.8200 – we will now sell this currency pair”.


(Market News Provided by FXstreet)

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