Setups Worth Watching 3/22/11 ? EURGBP Buying Opportunity

Hello. I’ll post some interesting short-term setups developing these days; perhaps they are worth your attention. I’m starting with EURGBP. More to come
EURGBP
As you can notice in the daily chart (1st below), the uptrend established after breaking above .8530/50 at the beginning of March is quite stable and all the minor pullbacks were short-lived. There’s a good chance that the former resistance around .8650 (horizontal line on the chart) will provide support on current pullback.




EURGBP daily chart 3-22-2011


Hourly chart (1 month zoom):




EURGBP short-term chart 3-22-2011



The weekly chart is even more interesting. We see that the trendline connecting previous lower-highs is Read More

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