{"id":8717,"date":"2010-04-21T08:34:47","date_gmt":"2010-04-21T12:34:47","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=8717"},"modified":"2010-04-21T08:34:47","modified_gmt":"2010-04-21T12:34:47","slug":"eur-expecting-to-rebound-versus-gbp","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2010\/04\/21\/eur-expecting-to-rebound-versus-gbp\/","title":{"rendered":"EUR Expecting to Rebound Versus GBP"},"content":{"rendered":"<p><strong>By Anton, ForexYard <\/strong>&#8211; The EUR has dropped significantly versus the GBP in the last week,  and it is currently trading around 0.8730. And now as evident in the  data below, the 4-hour chart is giving bullish signals, indicating that  the EUR\/GBP pair might go up. Forex traders can take advantage of this  impending movement by having their Entry Orders in place to capture this  reversal.<\/p>\n<p>\u2022\tBelow is the 4-hour EUR\/GBP chart by  ForexYard.<\/p>\n<p>\u2022\tThe technical indicators used are the Relative Strength Index  (RSI), Slow Stochastic, and Williams Percent Range.<\/p>\n<p>\u2022\tPoint 1: The Relative Strength Index (RSI) signals that the price  of this pair currently floats in the over-sold territory, indicating  upward pressure.<\/p>\n<p>\u2022\tPoint 2: The Slow Stochastic indicates a bullish cross, signaling  that the next move may be in an upward direction.<\/p>\n<p>\u2022\tPoint 3: The Williams Percent Range is testing the near lower  border at the -100 mark, which merely highlights some added upward  pressure.<\/p>\n<p>EUR\/GBP 4-Hour Chart<\/p>\n<p><a href=\"http:\/\/www.forexyard.com\/blog\/en\/wp-content\/uploads\/2010\/04\/EUR-GBP-21-4.JPG\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone\" src=\"http:\/\/www.forexyard.com\/blog\/en\/wp-content\/uploads\/2010\/04\/EUR-GBP-21-4.JPG\" alt=\"\" width=\"445\" height=\"556\" \/><\/a><\/p>\n<p><em><strong>Forex Market Analysis<\/strong><\/em> provided by\u00a0<a href=\"http:\/\/www.forexyard.com\/?zone_id=1398\" target=\"_blank\"><strong>Forex                    Yard.<\/strong><\/a><\/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>By Anton, ForexYard &#8211; The EUR has dropped significantly versus the GBP in the last week, and it is currently trading around 0.8730. And now as evident in the data below, the 4-hour chart is giving bullish signals, indicating that the EUR\/GBP pair might go up. Forex traders can take advantage of this impending movement &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/fx\/2010\/04\/21\/eur-expecting-to-rebound-versus-gbp\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;EUR Expecting to Rebound Versus GBP&#8221;<\/span><\/a><\/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-8717","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/8717","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=8717"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/8717\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=8717"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=8717"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=8717"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}