Thread: Eur/Gbp
The pair is stable above the support for the main descending channel shown above and the positive effect from momentum indicators continue to push the pair higher. Therefore, we prefer to remain aside for now and observe the closing today between the areas of 0.7965 support and 0.8055 resistance, as those levels will define the next move for the pair.
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EUR/GBP is bullish.
1 Resistance 0.8750
2 Resistance 0.8770
3 Resistance 0.8790
1 Support 0.8723
2 Support 0.8715
3 Support 0.8701
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QamarXulqi (2019-05-17), Unregistered (2)
Today's my technical over view of the market for the trend of this pairs Eur/Gbp
according to market technical analysis the market have sell trend
the market trend could remain in this position
expected resistance and support levels
market price ----------0.8738
The resistance level as under.
1- Resistance level----------0.8745
2- Resistance level----------0.8764
3- Resistance level----------0.8784
The supporting level is as under.
1- Support level-------------0.8710
2- Support level-------------0.8692
3- Support level-------------0.8674
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EURGBP opened with a big gap, rallying +100 pips from 0.8372 and hitting 0.8500. Since then, the cross has consolidated around 0.8466. On the hourly chart, technical indicators suggest bullish bias remains firm and further gains are likely but should be limited around 0.8515.
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EURGBP Analysis Today
Short on this For a while
PIVOT POINT 0.8732
S1 )) 0.8712
S2 )) 0.8695
S3 )) 0.8681
R1 )) 0.8745
R2 )) 0.8762
R3 )) 0.8780
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QamarXulqi (2019-05-17)
Results of analysis of using daily pivot point calculations for EURGBP
I see this pair still in strong bullish movement . If this pair can resistance level at 0.8761 I predict this pair will go up to the next resistance level at 0.8809 But if this pair go down and break support level at 0.8710 I predict this pair will make some correction to the next support level at around 0.8658 Buy signal is indicated from the Simple Moving Average and Bollinger Bands indicator . I suggest to entry Buy with and take profit at 0.8811 and put StopLoss at 0.8724
This calculation is not a reference to create the opening position but merely an approximate calculation of the price movement. I am not responsible for any errors that occur because the only information from the previous calculation. my advice .. don’t use high risk and please stop trading if the target has been reached, we should avoid greedy.
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This pair eur/gbp
Technical analysis of today is bullish.
Pivot Point. 0.8733
Current Price. 0.8736
Resistance level
1st. 0.8750
2nd. 0.8770
3rd. 0.8790
Supporting level
1st. 0.8722
2nd. 0.8711
3rd. 0.8700
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Pivotal Points: 0.8730
Resistance 3: 0.8779
Resistance 2: 0.8763
Resistance 1: 0.8746
Support 1: 0.8713
Support 2: 0.8697
Support 3: 0.8680
Just Work and Earning
deva10 (2019-05-17), JamesX9 (2019-05-17), QamarXulqi (2019-05-17)
Thread is Eur /Gbp
Todays my analyses.
Markeet of this pair has bullish trend
Position of this pair has buying now.
I think this trend can be continue .
If you want to trade then take a risk .
Pivot point . . . . . . 0.8740.
Best of luck to all members of forax community.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
NAZ (2019-05-17)
technical analysis of eur/gbp
moving average=buy
technical indicator=buy
current price= 0.8736
Resistance and support levels
1- Resistance level----------0.8749
2- Resistance level----------0.8764
3- Resistance level----------0.8777
1- Support level-------------0.8720
2- Support level-------------0.8708
3- Support level-------------0.8692
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