EUR/GBP Strong Support 0.8760 April 01, 2011 (Daily Strategy)

EUR/GBP

The Euro – British Pound pair has successfully broken through the resistance level of 0.8760. We note that even keeps its uptrend line, a return to strong support level of 0.8760 would be a good opportunity to buy with a goal in 0.8900

Our bullish outlook on this pair will remain always in when the price is on the line of the weekly pivot around 0.8748.