Mon, 27 Jan 2014 12:39:57 GMT
EUR/GBP 4H Chart: Descending Triangle
EUR/GBP pair will soon become highly attractive for traders. Following last Thursday's rally, the pair pulled back from pattern's resistance and at the moment of writing was trading at 0.8250, just 9 pips above the support line. Despite the fact market sentiment is slightly bearish, and keeping in mind a recent throwback, the pair is likely to depreciate. However, technical