- Charts: 4Hours, 1 Day.
- Indicators: Fibonacci Retracements,CCI.
- Prepared with :JForex 4.
- Current Level :0.8265.
- EUR/GBP is in a channel down formation from 2009 followed by regular retracements.Last month the so called channel down has narrowed itself and now tend to look more and more like a falling wedge than a channel down.