EUR-GBP ANTI Cypher pattern completed at resistance Daily-9-6-13

6 set 2013

Here we have a completed ANTI-Cypher - perfect at DPoint of .78; C point at 1.41 of XA Fib. This is also accompanied with the completion happening right at previous resistance (see line at X). RSI also shows to be oversold. Lastly, Peeking at the 1 hour chart, I can see divergence on RSI-7, and MacDHist-Def, and Stochastics 533 -- all three that might spell the end of the short term downtrend.