Intraday Market Thoughts

Archived IMT (2009.03.06)

by Ashraf Laidi
Mar 6, 2009 17:51

EURGBP UPSIDE? GBP falling to session lows below $1.4090, boosting EURGBP towards the 89.90s. EURGBP trend line resistance extending from the Dec 31 high. Reiterating recent Hot-Chart on EURGBP, keep an eye on an evolving rising channel, which could reach towards the interim resistance of 90.40s, followed by 90.75. but selling likely to re-emerge at 91.70s


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