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EUR/GBP - Marabuzo Line Holds The Key

Published 08/08/2014, 06:54
EUR/GBP
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Tuesday’s Marabuzo line continues to be a key background element. Wed’s rally in EUR/GBP stalled at that point and yesterday's price action fluctuated around it. This failure to rally significantly from this week's low is countered by the Bullish Morning Star on weekly candle charts.

This means that immediate signals for sentiment are difficult to determine with confidence but currently 3cA studies are mildly positivewith potential through .7960 back to last week's .7986 top.


Key Marabuzo Line

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