Eur/Gbp

EUR/GBP
EUR/GBP is the ticker used to represent the Euro and British Pound currency pair on forex markets. The EUR/GBP chart shows traders how many British Pounds are needed to buy a single Euro. It is one of the most actively traded currency pairs in the world because it marries two significant European economies: the European Union (EU) and the United Kingdom (UK). The demand for the currency pair makes it important for traders to understand the live chart and what can impact the Euro-Sterling

Eurgbp

support level and resistant level
s3: 0.8593
s2: 0.8612
s1: 0.8624

pp: 0.8632


r1: 0.8643
r2: 0.8651
r3: 0.867

EUR / GBP has broken declining trendline and resistance at 0.8115. Observe the important horizontal resistance at 0.8169. Support per hour at level 0.8108 (intraday low).
An increase of 0.7755 as a countertrend movement in the long-term downtrend. We need to see a break from the strong resistance between 0.8115

Looking at our short-term oscillators, we see that the RSI runs below 50 and points down, while the MACD, already below its trigger line, has just touched its toe below zero. These indicators detect negative momentum and corroborate our view for some further short-term declines.

The momentary pattern of the pair is to the upside. Intraday exchanging scope of the pair is normal among key help at 0.8070 and key opposition at 1.8250. In light of my graph examination, I like to purchasing the pair above 0.8135 with targets 0.8165, 0.8200 then 0.8250 and stoploss with four hour flame shutting beneath 0.8070

Pivotal Points: 0.8622


Resistance 3: 0.8699

Resistance 2: 0.8674

Resistance 1: 0.8647


Support 1: 0.8596

Support 2: 0.8570

Support 3: 0.8545

"Hello dear (indian-forex) members of this great community, :) Today I want to share with you my intraday analysis of EUR/GBP. :)))

EUR/GBP is Strong Buy according to four-hour chart. RSI(14)'s value is (55.769), STOCH(9,6)'s value is (61.627) and STOCHRSI(14)'s value is (34.019).

Let's have a look at today's Support and Resistance levels:

Pivot Point: 0.8628
Support 1: 0.8616
Support 2: 0.8607
Support 3: 0.8594
Resistance 1: 0.8637
Resistance 2: 0.8649
Resistance 3: 0.8659

According to the current scenario I would like to recommend you to keep an eye on the pivot point and take your trade according to the support and resistance levels of the market and also don’t forget to use the proper money management. Have a great and profitable day ahead! :happy: :peace:"

The pair is stable above the support for the main descending channel shown above and the positive effect from momentum indicators continue to push the pair higher. Therefore, we prefer to remain aside for now and observe the closing today between the areas of 0.7965 support and 0.8055 resistance, as those levels will define the next move for the pair.

EURGBP is moving near the 0.8163 resistance level. Then, if I see the previous movement, I think the up trend still strong untill now. If EURGBP can break that resistance level, I expect EURGBP will continue going up again and may touches or hits the next resistance level at 0.8197.

we can see in the 1h chart
the pair will go to down way to the down trend line
i see the pair will go to down way to 0.8482
stochastic refers that the pair will go down
so our target sell from 0.8382 and our target will 100pips