Eur/Gbp

my opinion would be profitable if traders go for short deals below 0.8772 level with targets at 0.87 and 0.866 in extension.

for a price movment over 0.8772 level we will see further upside with 0.88 and 0.882 as targets.

good hunt

The pair moved far from the breached neckline at 0.8750, where the 50 EMA is pressuring the pair negatively supporting the negative impact from the rising wedge formation shown above. Therefore, we will hold onto our bearish intraday expectations for today targeting mainly 0.8555-0.8540 so long as the aforementioned neckline remains intact.

Eurgbp

s3: 0.8621
s2: 0.8628
s1: 0.8632

pp: 0.8634

r1: 0.8639
r2: 0.8641
r3: 0.8648

analysis of eurgbp
expretd trend for bearish
Hellow Everyone, My Dear Sir Today Of My Technical Analysis Is eurgbp Sell To Strongly And time frame H1 and H4 moving average indicator RSI (14) and stochastic oscillator (5,3,3)
and
Daily Support And Resistance Level Of This Pairs,,,,,,,


1-Resistance level = 0.8695
2-Resistance level = 0.8654
3-Resistance level = 0.8632

1-Supporting level = 0.8564
2-Supporting level = 0.8534
3-Supporting level = 0.8512

bearish trend seems to be taking place on the EURGBP pair and that’s according to the green color shown by the Bollinger Bands indicator determining by that the main market direction. A sell signal is indicated from the Simple Moving Average indicator and that is by giving us buy signal. This pair can continue bearish trend, now current price at 0.8634 and strong resistent in hourly time frame at level 0.8656 there is possible chance price will move to up side. then next low price is 0.8583

I suggest to entry SELL with stoploss at 0.8669 and take profit at 0.8584

use higher timeframe is very important because it always helps you to enter in the direction of current trend . using multiple time frame analysis will gives you a clearer view of the market and increases chance to making profit

Attachment 16956

pivot point;0.8639

Resistance and Supporting levels is :

Resistance level is

1> Resistance level is: 0.8652
2> Resistance level is: 0.8667
3> Resistance level is: 0.8680


Supporting level is

1> Supporting level is: 0.8623
2> Supporting level is: 0.8611
3> Supporting level is: 0.8595

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 the breakdown of the resistance level at 0.8606 and the pair will continue to go down to the next level level at 0.8584 in my personal view this pair will be continue bullish trend, for intraday trading today I suggest SELL at the level 0.8615 stop loss at the level 0.8570 and target take profit at the level 0.8650

Resistance1 : ------- 0.8653
Resistance2 : ------- 0.8676
Resistance3 : ------- 0.8649
Support 1 : -------- 0.8608
Support 2 : -------- 0.8589
Support 3 : -------- 0.8645

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.

EUR / GBP is still limited in consolidation from 0.8474, while intraday bias remains neutral. Further growth cannot be excluded, but growth must be limited by the resistance 0.8722 to bring the resumption of the trend down. On the other hand, a solid breakout of 0.8474 will resume a larger downtrend for the long-term projection of 0.8416. On the other hand, a steady break of 0.8722 will offer a short-term reversal and will lead to a stronger rise to a resistance of 0.8840 and above.

Results of analysis of the EURGBP pair using daily pivot point calculations :

I see this pair still in strong bullish movement . If this pair can resistance level at 0.8603, I predict this pair will go up to the next resistance level at 0.8553, But if this pair go down and break support level at 0.8654, I predict this pair will make some correction to the next support level at around 0.8704, Sell signal is indicated from the Simple Moving Average and Bollinger Bands indicator . I suggest to entry Sell with and take profit at 0.8552
and put StopLoss at 0.8638

This calculation is not a reference to create the opening position but merely an approximate calculation of the price movement. I am not responsible for any errors that occur because the only information from the previous calculation. my advice .. don’t use high risk and please stop trading if the target has been reached, we should avoid greedy.

This pair eur/gbp

Technical analysis of today is bearish

Pivot Point. 0.8637

Current Price. 0.8632

Resistance level
1st. 0.8644
2nd. 0.8655
3rd. 0.8666

Supporting level
1st. 0.8622
2nd. 0.8611
3rd. 0.8600