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Sep 25 - 06:00 PM
GBP/USD, EUR/GBP, EUR/CHF: L-Term & S-Term Trends & Key Levels - ING
First appeared on eFXplus on Sep 25 - 04:00 PM

ING discusses the technical outlook for GBP/USD, EUR/GBP, and EUR/CHF. 

GBP/USD

Long-term trend: Neutral. Crucial horizontal support around 1.1970

Short-term trend: Neutral. Topping below the falling trend line around 1.2620

EUR/GBP:

Long-term trend: Neutral. Developing a larger trading range 0.8345-0.9320

Short-term trend: Neutral. Continuing decline, Sell the rallies towards the EMA-200 line

EUR/CHF:

Long-term trend: Neutral. Bottoming above horizontal support around 1.0800

Short-term trend: Neutral. Weak on a short-term basis, but solid support around 1.0850-1.0820

 
 
 
 
Source:
ING Research/Market Commentary

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