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Forex pairs in this Article » EUR/GBP
FXstreet.com (New York) - The EUR/GBP technical cross finally stopped its rise after peaking at the 0.8632 level (intraday high) Friday, easing lower in recent moments.

EUR/GBP still trading above 0.8600 barrier

In spite of the recent easing, the EUR/GBP is still operating positively at just 0.8613, up +0.52% above its opening. The Mataf.net analyst team points to short-term resistances at 0.8632, then 0.8693, and ultimately 0.8754.

EUR/GBP prolonged stability needed above 0.8600

According to the Technical Analyst Team at ICN.com, “Although the price spiked higher yesterday, the EUR/GBP rose again above the 0.8600 level, which bears notice and stability before an outlook can be established.”
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