Subscribethe pair is trading now above the level of 0.8750 and that's mean the uptrend is still standing and the pair might continue in it's upmovements heading to 0.8800 and then 0.8830
Thread: Eur/Gbp
the pair is trading now above the level of 0.8750 and that's mean the uptrend is still standing and the pair might continue in it's upmovements heading to 0.8800 and then 0.8830
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Abubakar 148 (2020-05-11), Sadi (2020-02-15), Shair (2020-02-29), Tilla420 (2020-08-07)
Last week's retreat from 0.8885 found support at 0.8730, and the pair bounced up on Friday to extend gains on Monday's Asian session, reaching 0.8800 high, where the Euro found sellers to give away gains on European session, and dive towards 0.8755.
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0307148 (2020-04-06), Abubakar 148 (2020-04-08), Sadi (2020-02-15), Shair (2020-02-29), Tilla420 (2020-08-07)
the pair and as we can from the chart has stated it's trading week above the level of 0.8750 and that's mean that the up trend is expected and the pair might head to 0.8780 and then 0.8800 how even if the pair make any howrly correction
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.
Abubakar 148 (2020-04-07), Sadi (2020-02-15), Shair (2020-02-29), Tilla420 (2020-08-07)
Intraday trade:
If a M15 close above 0.8756 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 0.8742 sell only and do not buy. If price closes back above it again do nothing
The range 0.8742 and 0.8756 is neutral area, any trade done in between is personal decision and not part of this analysis
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.
Abubakar 148 (2020-04-12), Sadi (2020-02-15), Shair (2020-02-29), Tilla420 (2020-08-05)
EUR/GBP is still holding above 0.8610 support with daily MACD back above signal line. Thus, there is no confirmation of completion of the second leg from 0.8067
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EUR/GBP rebounded strongly last week and the break of 0.8883 resistance argued that fall from 0.9083 has finished
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.
On the downside, however, break of 0.8610/42 support zone will has medium term bearish implication and should bring deeper fall to 0.8284/8355 support zone first.
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.
Abubakar 148 (2020-08-12), Sadi (2020-02-15), Shair (2020-02-29)
The pair failed a topside break at the 76.4% Fibonacci extension taken from the May 5th and July 1st crests at 0.8740 early in Asian trade with RSI sloping to the downside.
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.
The majority of the foreign exchange brokers execute business via phone.
The phone lines between brokers and banks are dedicated, or direct, and are
usually in-stalled free of charge by the broker
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.
A third day of weakness after the cross failed at the 0.8885 level on Wednesday is now underway.On further declines, the 0.8643 level will be targeted where a breach will clear the way for a move further lower towards the 0.8610 level
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.
Shair (2020-02-29)
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