Eur/Gbp

Eur/gbp technical analysis 03.12.2012 by using : Auto pivot indicator.

resistance 3:0.8181
resistance 2:0.8157
resistance 1:0.8133

pivot point :0.8109

support 1:0.8085
support 2:0.8061
support 3:0.8037

Till now, I see this pair on Still nice to be probably bearish. But, to be call nice bearish and good for search sell here . I see, the price must break down (first) to that 23.6 fibo (0.8102). So, we can just wait and see as long as the price still move slow above that 23.6 fibo (0.8102)

http://www4.0zz0.com/2012/12/03/07/985269947.gif


in this chart 1h we can see the pair will go to down way in the
future


the pair now is between channel
I see the pair will go to 0.8112


RSI also refere to down way


I expect from this analize that the price will go to down way
so sell from 0.8120 to 0.8112

Intraday bias in EUR/GBP remains mildly on the upside and rebound fro 0.7959 could continue. But still, at this point, we'd expect resistance from 0.8164 to limit upside and bring another decline to retest 0.7959. Below 0.8058 minor support will turn bias back to the downside. However, firm break of 0.8164 will confirm resumption of whole rebound from 0.7755 and will turn outlook bullish.

In the bigger picture, price actions from 0.9799 are treated as a long term consolidation pattern with fall from 0.9083 as the third leg. Strong support is expected inside 0.7693/8186 support zone to conclude the consolidation. No change in this view. The corrective look of the rebound from 0.7755 argues that another low could be seen in EUR/GBP before the correction completes. Though, we'd look for reversal signal again as it approaches 0.7693. Meanwhile, sustained break of 0.8164 would likely have 55 weeks EMA firmly taken out and would have bullish implications.

The EUR / GBP continues to grow, it is clear that there is consolidation above 0.8100 level, and the trend now looks at the top, + pair is above the trend line the pan, .. so I think need to buy in order that the price will rise to 0.8165 marks ...

The pair has broken the H1 uptrend line and now trying to break the H4 uptrend line, if break, we'd see falling down targeting .8807 and .8764. I will fallow this prediction. hope this will work for me. and bro i will watch your prediction for 7 days. if your prediction is right for 7 days then i will fallow this in my real account.

Support: 0.8086
Pivot: 0.8115
Resistance: 0.8143

trendspotter buy
7 day average directional indicator buy
10-8 day MA hilo channel buy
20 day MA VS Price buy
20-50 Day MACD oscillator buy
20 Day Bollinger Bands hold

Technical Analysis For EURGBP 80% Buy

if price candle can break down too to that 23.6 fibo (0.8110) Yes, this look nice to be search for sell Op then. Don't forget to always use SL for sell on above that 23.6 fib (above price 0.8110).

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

Intraday bias in EUR/GBP remains mildly on the upside and rebound from 0.7959 could continue. But still, at this point, we'd expect resistance from 0.8164 to limit upside and bring another decline to retest 0.7959. Below 0.8058 minor support will turn bias back to the downside. However, firm break of 0.8164 will confirm resumption of whole rebound from 0.7755 and will turn outlook bullish.

In the bigger picture, price actions from 0.9799 are treated as a long term consolidation pattern with fall from 0.9083 as the third leg. Strong support is expected inside 0.7693/8186 support zone to conclude the consolidation. No change in this view. The corrective look of the rebound from 0.7755 argues that another low could be seen in EUR/GBP before the correction completes. Though, we'd look for reversal signal again as it approaches 0.7693. Meanwhile, sustained break of 0.8164 would likely have 55 weeks EMA firmly taken out and would have bullish implications.