{"id":18746,"date":"2011-01-27T07:55:28","date_gmt":"2011-01-27T12:55:28","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=18746"},"modified":"2011-01-27T07:55:28","modified_gmt":"2011-01-27T12:55:28","slug":"eurgbp-technical-update","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2011\/01\/27\/eurgbp-technical-update\/","title":{"rendered":"EUR\/GBP &#8211; Technical Update"},"content":{"rendered":"<p><strong>By Anton Eljwizat<\/strong><\/p>\n<p>A bullish movement in <a href=\"http:\/\/www.forexyard.com\/en\/trading\/eur-gbp\">EUR\/GBP <\/a>has  pushed a number of technical indicators into the over-bought territory.  As I will demonstrate below, the EUR\/GBP may very well be heading for a  reversal, as a bearish cross has taken place on the <a href=\"http:\/\/www.forexyard.com\/en\/stochastic\">Slow Stochastic<\/a>. In addition, the <a href=\"http:\/\/www.forexyard.com\/en\/relative-strength-index-rsi\">Relative Strength Index (RSI)<\/a> indicates that the price of this cross currently floats in the  overbought territory, signaling downward pressure. Forex traders can  take advantage of this impending movement by having their Entry Orders  in place to capture this reversal. Don\u2019t forget your Stops and Limits!<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.forexyard.com\/blog\/en\/wp-content\/uploads\/2011\/01\/EUR-GBP-27-1-2011.JPG\" alt=\"EUR-GBP 27-1-2011\" width=\"538\" height=\"648\" \/><\/p>\n<p><em><strong><a href=\"http:\/\/www.forexyard.com\/?zone_id=1398\" target=\"_blank\">Forex Market Analysis provided by ForexYard. <\/a><\/strong><\/em><em><strong><a href=\"http:\/\/www.forexyard.com\/?zone_id=1398\" target=\"_blank\"><br \/>\n<\/a><\/strong><\/em><\/p>\n<p>\u00a9 2006 by FxYard Ltd<\/p>\n<p>Disclaimer: Trading Foreign Exchange carries a high level of risk and                                                                                                                                                                                                                                                                                                                                                  may                 not             be                                                    suitable                     for                        all                                                                                 investors.                                        There                                 is          a                                                                                                                                    possibility                                                that                                                                 you                                           could                                                            sustain  a                         loss                                      of               all                          of                                     your                                                                                                                        investment               and                                                                                                   therefore              you                                                                                should                        not                                                          invest                                                           money                        that                              you                                                                             cannot                                                    afford           to                                                                 lose.                  You                                                                          should                           be                                       aware                        of                                                    all                                 the                                 risks                                                                                                    associated                                       with                                                Foreign                                                                     Exchange                                                                               trading.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A bullish movement in EUR\/GBP has pushed a number of technical indicators into the over-bought territory. As I will demonstrate below, the EUR\/GBP may very well be heading for a reversal, as a bearish cross has taken place on the Slow Stochastic. <\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-18746","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/18746","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/comments?post=18746"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/18746\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=18746"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=18746"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=18746"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}