Eur/Gbp

[Robi]

Couple to any one wants to go to the north, there is no normal acceleration, the rate again went below resistance 8150 that gives another signal to the south, it will most likely scenario south, 4 hour chart has formed MASD divergence and a sell signal.

[sonyole]

Simple analysis for EUR / GBP, Tuesday, October 23, 2012
Candle in the time frame 1 H has touched WMA 100, likely the pair will have to first reversal at 0.8146 (pivot) before continuing the bearish trend. AO indicator and MACD still in the area sell, with the first destination to go down is 0.8129 (support 1). Good luck .....

[ashaab]

The short term trend of the pair is to the upside. Intraday trading range of the pair is expected among key support at 0.8070 and key resistance at 1.8250. Based upon my chart analysis, I prefer to buying the pair above 0.8135 with targets 0.8165, 0.8200 then 0.8250 and stoploss with four hour candle closing below 0.8070.

[samsiah]

analysis of Teknikal today :
Trend H1 : go up
support : 0.8155
resistance : 0.8162
Movement today seen in movement go up and come near 0.8167

[romannil]

Eur/gbp technical analysis for 23.10.2012 by using : Auto pivot indicator.

resistance 3:0.8214
resistance 2:0.8189
resistance 1:0.8172

pivot point :0.8147

support 1:0.8130
support 2:0.8105
support 3:0.8088

[tradergalau]

EURGBP is moving near the 0.8163 resistance level. Then, if I see the previous movement, I think the up trend still strong untill now. If EURGBP can break that resistance level, I expect EURGBP will continue going up again and may touches or hits the next resistance level at 0.8197.

[Vamos]

I think that after the breakdown of the moving average with a period of 200 to the pair opened the way to the north ... the market today with this pair could show up next ... so I think when you receive a lot of money in the market it will be one of the first to buy ...

[najmul.djd]

eur/gbp technical analysis by using : average directional movement index

adx : 16.6387
+di : 23.2440
-di : 16.7366
timeframe : 1 hour

time : 1900
date : 22.10.2012

[yudijoni]

Stopping near important resistance at 0.8169, EUR / GBP has broken declining trendline and resistance at 0.8115. Observe the important horizontal resistance at 0.8169. Support per hour at level 0.8108 (intraday low).
An increase of 0.7755 as a countertrend movement in the long-term downtrend. We need to see a break from the strong resistance between 0.8115 (high 09.14.2012)

[raihan8212]

The euro was trading close to a four-month high against the pound on Monday, after regional election results in Spain over the weekend indicated support for the austerity policies of Prime Minister Mariano Rajoy.

EUR/GBP hit 0.8151 during European morning trade, the pair�s highest since June 15; the pair subsequently consolidated at 0.8148, gaining 0.15%.

The pair was likely to find support at 0.8109, Thursday�s low and near-term resistance at 0.8146, the high of June 11.

The euro steadied after the center-right Popular Party of Prime Minister Rajoy increased its majority in his home region of Galicia on Sunday, removing a possible obstacle to formally requesting a bailout from Spain�s euro zone partners.

But the euro�s gains were limited after a recent string of better U.K. data fuelled hopes for a sustained recovery in the recession hit economy.

Investors were looking ahead to preliminary data on U.K. economic growth data later in the week, amid expectations that the report will show that the economy expanded in the third quarter, following three successive quarters of contraction.

---------- Post added at 10:24 PM ---------- Previous post was at 10:12 PM ----------

The pound was close to a four-month low against the euro, with EUR/GBP easing up 0.08% to 0.8142.

Also Monday, official data showed that the euro zone's fiscal deficit fell to 4.1% of gross domestic product last year, down from 6.2% in 2010, the first year of the euro zone�s debt crisis, but public debt still increased