EUR/GBP Technical Analysis (Euro / British Pound)

I advise traders to trade only long positions as far as the price will be located above 0.86.
A stay above 0.8650 will strengthen this bullish sentiment.
A break of 0.87 would give a new buy signal for an extension of the bullish movement towards 0.8750.

In case of return below 0.86 (level of the short-term bullish slant) then I would advise traders to wait for a break of 0.8550 before trading short positions.
Full analysis

Analysis published by Bruno, the 02/06/2013 at 10h00 GMT+2