Thread: Eur/Gbp
EUR / GBP has seen further near-term strength and Karen Jones, analyst at Commerzbank shows that are ready to test the strong resistance offered by the 55 day MA at 0.8522 and the downtrend in 2013/34 - in which he felt that the market would ideally see failure and decline back to 0.8387 support line and 3 months. He recommended stop loss at 0.8540
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in my opinion this currency is not good one because their rate are dawn these days i prefer you EURO/USD pair this type of pair will help you in earning better profit.
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pair continues to move in a downward trend, and touching the lower limit, the couple moves to the top, just a couple of the traced triangle shape, and is at the top of his line. MACD indicates a decline, but on rsi pair moves in an uptrend, bouncing off its lower border. therefore, the initial goal will be 0.8470, and if successful penetration, the couple head for the 0.85 figure.
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pair is becoming bullish signal from level 0.8494 after simultantly confirmation from Accumulated Oscilator (AO), Relative Vigor Index (RVI) and Gator Oscilators are in positive value as very strong uprend movement indication, then fast stochastic line is not crossing slow line near sell border level 80 as strong bullish is still being continued from this high level
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eur/gbp market analysis by using : average directional movement index
adx : 14.0816
+di : 10.9346
-di : 10.8827
time : 0800
timeframe : h1
date : 14.05.13
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Pivot levels today:
R3: 0.8566
R2: 0.8529
R1: 0.8504
PP: 0.8468
S1: 0.8443
S2: 0.8406
S3: 0.8381
Comment: Price now is above the daily and weekly pivot levels, also it is above the 55 SMA, so more rising is expected.
Forecast: Price may rise to 0.8566.
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Eur/gbp pivot levels by using fibonacci pivot indicator.
r3: 0.8533
r2: 0.8509
r1: 0.8493
pivot : 0.8469
s1: 0.8445
s2: 0.8429
s3: 0.8405
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EURGBP currency pair is currently still in the zone of possible buyers and the situation is not much different from the situation yesterday, I think this still allows for very strongly bullish, until the EURGBP currency pair towards 0.8513 reversal predictions on price and may reach 0.8533, I buy vote for this day
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hi
eurgbp wiil go to up in the futur
price:0.8492@buy limit:0.8803 #stop:300pips
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Suspend this expectation. I work in my name, see them 7 days predictions brothers can be hope. Fix seven days if your prediction and I really put.
Provide a declaration of purpose. To get good results.
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.
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