Originally Posted by
mansurep
this is my analysis for EURGBP
hopefully it will be good & understandable and help you to earn good profit in trading.
simple moving average chart for this pair seen as an indicator as smoothly up movement, so it is possible that the breakdown of the resistance level at 0.8496 and the pair will continue to go down to the next level level at 0.8476
Resistent1 : 0.8543
Resistent2 : 0.8565
Resistent3 : 0.8538
Support 1 : 0.8498
Support 2 : 0.8479
Support 3 : 0.8536
in my personal view this pair will be continue bullish trend, for intraday trading today I suggest SELL at the level 0.8501 stop loss at the level 0.8556 target take profit at the level 0.8476
if market movement as my scenario, you can earn good profit and avoid much loss in your trading . keep trade with discipline and patience, remember..always trade in the direction of the current trend, because trend always your friend.