{"id":6263,"date":"2012-11-22T22:35:38","date_gmt":"2012-11-23T03:35:38","guid":{"rendered":"http:\/\/goldstocksforex.com\/?p=6263"},"modified":"2012-11-22T22:35:38","modified_gmt":"2012-11-23T03:35:38","slug":"sterling-threatens-euro-support","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2012\/11\/22\/sterling-threatens-euro-support\/","title":{"rendered":"Sterling threatens euro support"},"content":{"rendered":"<p>Pound Sterling is headed for another test of support at \u20ac1.225\/\u20ac1.230 on the weekly chart against the euro. Reversal of 63-day Twiggs Momentum below zero warns of a primary down-trend. Breach of support and the rising trendline would confirm the signal. Respect of support is unlikely, but would test \u20ac1.260 in the medium-term.<\/p>\n<p><img data-recalc-dims=\"1\" decoding=\"async\" class=\"aligncenter\" alt=\"Pound Sterling\" src=\"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2012\/2012-11-23-gbp.png?w=525&#038;ssl=1\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Pound Sterling is headed for another test of support at \u20ac1.225\/\u20ac1.230 on the weekly chart against the euro. Reversal of 63-day Twiggs Momentum below zero warns of a primary down-trend. Breach of support and the rising trendline would confirm the signal. Respect of support is unlikely, but would test \u20ac1.260 in the medium-term.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7,33],"tags":[2727],"class_list":["post-6263","post","type-post","status-publish","format-standard","hentry","category-forex","category-uk-europe-countries-regions","tag-pound-sterling"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Sterling threatens euro support - the patient investor<\/title>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Sterling threatens euro support - the patient investor\" \/>\n<meta property=\"og:description\" content=\"Pound Sterling is headed for another test of support at \u20ac1.225\/\u20ac1.230 on the weekly chart against the euro. Reversal of 63-day Twiggs Momentum below zero warns of a primary down-trend. Breach of support and the rising trendline would confirm the signal. Respect of support is unlikely, but would test \u20ac1.260 in the medium-term.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/thepatientinvestor.com\/index.php\/2012\/11\/22\/sterling-threatens-euro-support\/\" \/>\n<meta property=\"og:site_name\" content=\"the patient investor\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/profile.php?id=61572934660810\" \/>\n<meta property=\"article:author\" content=\"https:\/\/facebook.com\/people\/The-Patient-Investor\/61572934660810\/\" \/>\n<meta property=\"article:published_time\" content=\"2012-11-23T03:35:38+00:00\" \/>\n<meta property=\"og:image\" content=\"http:\/\/static.incrediblecharts.com\/images\/2012\/2012-11-23-gbp.png\" \/>\n<meta name=\"author\" content=\"Colin Twiggs\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Colin Twiggs\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2012\\\/11\\\/22\\\/sterling-threatens-euro-support\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2012\\\/11\\\/22\\\/sterling-threatens-euro-support\\\/\"},\"author\":{\"name\":\"Colin Twiggs\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#\\\/schema\\\/person\\\/d42b18d516a80149d739845749ac6454\"},\"headline\":\"Sterling threatens euro support\",\"datePublished\":\"2012-11-23T03:35:38+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2012\\\/11\\\/22\\\/sterling-threatens-euro-support\\\/\"},\"wordCount\":55,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2012\\\/11\\\/22\\\/sterling-threatens-euro-support\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.incrediblecharts.com\\\/images\\\/2012\\\/2012-11-23-gbp.png\",\"keywords\":[\"Pound Sterling\"],\"articleSection\":[\"Forex\",\"UK &amp; Europe\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2012\\\/11\\\/22\\\/sterling-threatens-euro-support\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2012\\\/11\\\/22\\\/sterling-threatens-euro-support\\\/\",\"url\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2012\\\/11\\\/22\\\/sterling-threatens-euro-support\\\/\",\"name\":\"Sterling threatens euro support - the patient investor\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2012\\\/11\\\/22\\\/sterling-threatens-euro-support\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2012\\\/11\\\/22\\\/sterling-threatens-euro-support\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.incrediblecharts.com\\\/images\\\/2012\\\/2012-11-23-gbp.png\",\"datePublished\":\"2012-11-23T03:35:38+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2012\\\/11\\\/22\\\/sterling-threatens-euro-support\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2012\\\/11\\\/22\\\/sterling-threatens-euro-support\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2012\\\/11\\\/22\\\/sterling-threatens-euro-support\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.incrediblecharts.com\\\/images\\\/2012\\\/2012-11-23-gbp.png\",\"contentUrl\":\"https:\\\/\\\/www.incrediblecharts.com\\\/images\\\/2012\\\/2012-11-23-gbp.png\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2012\\\/11\\\/22\\\/sterling-threatens-euro-support\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/thepatientinvestor.com\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Sterling threatens euro support\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#website\",\"url\":\"https:\\\/\\\/thepatientinvestor.com\\\/\",\"name\":\"The Patient Investor\",\"description\":\"Smart. 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With the dollar currently \"the best horse in the glue factory\", support is likely to fail, signaling a re-test of the primary level at $1.26. A 63-day Twiggs Momentum peak below zero would indicate continuation of the primary down-trend; failure of\u2026","rel":"","context":"In &quot;Forex&quot;","block_context":{"text":"Forex","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/forex\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":4065,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/04\/12\/forex-euro-pound-sterling-and-yen-2\/","url_meta":{"origin":6263,"position":1},"title":"Forex: Euro, Pound Sterling and Yen","author":"Colin Twiggs","date":"April 12, 2012","format":false,"excerpt":"The Euro is again testing support at $1.30. The short weekly candle at the support level warns of a downward breakout to test primary support at $1.26. A 63-day Twiggs Momentum peak below zero would suggest continuation of the primary down-trend. In the long term, failure of $1.26 would signal\u2026","rel":"","context":"In &quot;Forex&quot;","block_context":{"text":"Forex","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/forex\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":4270,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/05\/03\/forex-euro-pound-sterling\/","url_meta":{"origin":6263,"position":2},"title":"Forex: Pound Sterling strengthens against Euro","author":"Colin Twiggs","date":"May 3, 2012","format":false,"excerpt":"The euro is headed for another test of support at $1.30. Failure would complete a small bearish descending triangle on the weekly chart. Breach of primary support at $1,26 would offer a long-term target of $1.17*. Respect of the zero line (from below) by 63-day Twiggs Momentum would strengthen the\u2026","rel":"","context":"In &quot;Forex&quot;","block_context":{"text":"Forex","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/forex\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":3820,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/03\/15\/forex-euro-pound-sterling-and-yen\/","url_meta":{"origin":6263,"position":3},"title":"Forex: Euro, Pound Sterling and Yen","author":"ColinTwiggs","date":"March 15, 2012","format":false,"excerpt":"The euro is weakening against the greenback, testing medium-term support at $1.30. Failure would indicate a test of primary support at $1.26 and continuation of the down-trend. Respect is unlikely, but would suggest a test of the declining trendline. * Target calculation: 1.26 - ( 1.35 - 1.26 ) =\u2026","rel":"","context":"In &quot;Forex&quot;","block_context":{"text":"Forex","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/forex\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":6384,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/12\/06\/sterling-threatens-euro-down-trend\/","url_meta":{"origin":6263,"position":4},"title":"Sterling threatens euro down-trend","author":"Colin Twiggs","date":"December 6, 2012","format":false,"excerpt":"Pound Sterling broke its long-term rising trendline against the euro and is testing support at \u20ac1.225 on the weekly chart. Retreat of 63-day Twiggs Momentum below zero warns of a primary down-trend. Breach of support would confirm. Respect of support is most unlikely, but would test \u20ac1.260 in the medium-term.\u2026","rel":"","context":"In &quot;Forex&quot;","block_context":{"text":"Forex","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/forex\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":4121,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/04\/19\/forex-euro-pound-sterling-and-yen-3\/","url_meta":{"origin":6263,"position":5},"title":"Forex: Euro, Pound Sterling and Yen","author":"Colin Twiggs","date":"April 19, 2012","format":false,"excerpt":"The Euro is consolidating above support at $1.30. Failure would test\u00a0 primary support at $1.26. A 63-day Twiggs Momentum peak below zero would indicate continuation of the primary down-trend. 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