Eur/Gbp

eur/gbp Resistance & Support

Resistance
1 Resistance 0.8716
2 Resistance 0.8728
3 Resistance 0.8734
Support
1 Support 0.8669
2 Support 0.8660
3 Support 0.8672

eur/gbp Resistance + Support

Resistance UP
1> Resistance 0.8637
2> Resistance 0.8658
3> Resistance 0.8686

Support DOWN
1> Support 0.8599
2> Support 0.8570
3> Support 0.8586

Analysis of the pair EURGBP
WEEKLY trend is showing a NEUTRAL moment for the pair.

Support levels for the pair is:
Support1: 0.8595
Support2: 0.8611
Support3: 0.8623

Resistance levels for the pair is:
Resistance1: 0.8652
Resistance2: 0.8667
Resistance3: 0.8680

EurGbp technical analysis by using : Auto pivot indicator.

Parabolic SAR indicator there a dot below the candles that indicates a downward direction in addition to that we can see a SELL signal on the MACD indicator that is moving below the level 0 beside that the CCI line is located at the lower level to perform a upward signal on the chart of the this pair there is a main down trend signal as the 2 EMA 5 and 6 are moving above the slow EMA of 35 and if other indicators confirm a bearish direction then I will go for “SELL” positions.

resistance level 1 : 0.8756
resistance level 2 : 0.8719
resistance level 3 : 0.8685
pivot point : 0.8648
support level 1 : 0.8614
support level 2 : 0.8577
support level 3 : 0.8543

instaforex time: 17:04:08
eurgbp pair still at the pivot point, the number 0.8878
Scalping suggestion: buy if the price is at the pivot point, with resistant target 1 in the number 0.8906 with a target of 20 pips.

EUR GBP
Markeet position of this pair with my analyses
Crunt rate is . . . . . . . . 0.8627
Position looking . . . . . . sell
Movemints
Resistance level
1 . . . . . . . . . . . 0.8638
2 . . . . . . . . . . . 0.8645
3 . . . . . . . . . . . 0.8672
Support level
1 . . . . . . . . . . . 0.8615
2 . . . . . . . . . . .0.8605
3 . . . . . . . . . . . 0.8590

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Attachment 16995

according to EURGBP technical analysis , I predict this pair have BEARISH TREND. the price is break the Support trend line and it is Falling Down with having the Short signal from the parabolic SAR. the market trend could remain in this position and I expected support resistance levels

Resistance1 # ------- # 8648
Resistance2 # ------- # 8670
Resistance3 # ------- # 8643
Support 1 # ------- # 8603
Support 2 # ------- # 8584
Support 3 # ------- # 8641

I suggest to take SHORT position at ----- 0.8626
target take profit at ----- 0.8578
target stop loss at ----- 0.8664

money management is very effective for getting profits with stop loss and take profits method with current trading position. Best of luck ..

Technical analysis of the pair

and trend is : EUR/GBP


My Resistance and Supporting level of this pair is,

My Resistance level of this pair is,,


Resistance 1: 0.8640
Resistance 2: 0.8660
Resistance 3: 0.8690

My supporting level of this pair is ,,


Supporting 1: 0.8610
Supporting 2: 0.8580
Supporting 3: 0.8550

EurGbp technical analysis by using : Auto pivot indicator.

Parabolic SAR indicator there a dot below the candles that indicates a downward direction in addition to that we can see a SELL signal on the MACD indicator that is moving below the level 0 beside that the CCI line is located at the lower level to perform a upward signal on the chart of the this pair there is a main down trend signal as the 2 EMA 5 and 6 are moving above the slow EMA of 35 and if other indicators confirm a bearish direction then I will go for “SELL” positions.

resistance level 1 : 0.8756
resistance level 2 : 0.8719
resistance level 3 : 0.8685
pivot point : 0.8648
support level 1 : 0.8614
support level 2 : 0.8577
support level 3 : 0.8543

On the hourly timeframe a downward channel has been formed, in which the price continues to decline. In the southern course, there is also a development of the CCI oscillator lines and the stochastic oscillator lines, which keep the course in the oversold zone. A further price drop to the level of 100 .0 fibo corrective grids is predicted, which is the resistance level of 0.8605.