EUR/GBP Bearish Price Action At Key Support 9/9/11

ReportEmailWritten by forexfx4xon 2011-09-08T15:39:34From:  forex-fx-4x.comEuro/Pound Analysis

The EUR/GBP currency pair is currently testing the trend line which has formed since January 2011.  This trend line is currently aligned with the 200 day SMA and the August range lows.  Price action here could be key for this cross in the near term.  Technical analysis follows below:

EUR/GBP daily chart 9/9/11