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Eur/gbp Parity On July

Title: Technical analysis of the EUR/GBP parity on July 21th, 2010
Commentary of the EUR/GBP parity: The parity found resistance on 0.85. The parity is now making its return below 0.8450 and is moving towards the next support at 0.84. Indicators are now mixed. We stay neutral on the parity between 0.8350 and 0.8450. We will wait a breakout of one of these two bands to take position: - Long if 0.8450 broken - Short if 0.8350 is broken. See the previous analysis of the EUR/GBP parity of July 20th, 2010

Title: Technical analysis of the EUR/GBP parity on July 20th, 2010
Commentary of the EUR/GBP parity: The breakout of 0.8450 just offered a new buy signal. The price is currently testing the next resistance at 0.85. All indicators are bullish. We maintain to trade only long positions as far as the price is above 0.8450. The break out of 0.85 will give a new buy signal. A pullback on 0.8450 is possible as far as 0.85 is resistance. Next resistances are at 0.8550 and 0.86. See the previous analysis of the EUR/GBP parity of July 19th, 2010

Title: Technical analysis of the EUR/GBP parity on July 19th, 2010
Commentary of the EUR/GBP parity: The break out of 0.874 gave us a new buy signal. The price is currently testing one of the major resistance at 0.8450. All indicators are bullish. We maintain to trade only long positions as far as the price is above 0.84. The break out of 0.8450 will give a new buy signal. See the previous analysis of the EUR/GBP parity of July 15th, 2010

Title: Technical analysis of the EUR/GBP parity on July 15th, 2010
Commentary of the EUR/GBP parity: The parity continues its movement without a real trend between 0.8317 and 0.84. Indicators are still mixed. We stay neutral on the parity as far as the price is moving into its range. We advise to wait an exit to take position: - Long if 0.84 is broken - Short if 0.83 is broken See the previous analysis of the EUR/GBP parity of July 14th, 2010

Title: Technical analysis of the EUR/GBP parity on July 14th, 2010
Commentary of the EUR/GBP parity: The parity continues its movements without a real trend between the resistance at 0.84 and the support at 0.8350. Indicators are still mixed. We maintain to trade only long positions as far as the price is above 0.8350. The breakout of 0.84 will give a new buy signal. However, if 0.8350 is broken, we will then advise to trade only short positions. See the previous analysis of the EUR/GBP parity of July 13th, 2010

Title: Technical analysis of the EUR/GBP parity on July 13th, 2010
Commentary of the EUR/GBP parity: The parity fake a break out of the resistance at 0.84. Currently, the price is testing 0.8350 as support. Indicators are mixed. We maintain to trade only long positions as far as the price is above 0.8350. A breakout of 0.84 will give a new buy signal. See the previous analysis of the EUR/GBP parity of July 12th, 2010

Title: Technical analysis of the EUR/GBP parity on July 12th, 2010
Commentary of the EUR/GBP parity: The parity continues its bullish movement after a rebound on the support at 0.8350. All indicators are bullish. The price is currently testing the resistance at 0.84. A break out of this level will give a new buy signal. The next resistance is at 0.8450. We maintain to trade only long positions as far as the price is above 0.8350. See the previous analysis of the EUR/GBP parity of July 9th, 2010

Title: Technical analysis of the EUR/GBP parity on July 9th, 2010
Commentary of the EUR/GBP parity: The parity just broke the resistance at 0.8350 but is finding resistance on its highest of June. Indicators stay globaly bullish. We maintain to trade only long positions as far as the price is above 0.8340. A break out of 0.84 will offer a new buy signal. See the previous analysis of the EUR/GBP parity of July 8th, 2010

Title: Technical analysis of the EUR/GBP parity on July 8th, 2010
Commentary of the EUR/GBP parity: The parity just made a pullback on 0.83 as support. Indicators stay globaly bullish. We maintain to trade only long positions as far as 0.83 is support. The break out of 0.8350 will give a new buy signal. See the previous analysis of the EUR/GBP parity of July 7th, 2010

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