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currency eur/gbp current price in forex market is 0.86912
by observing all the market carefully ,this pair is in selling treind,You are the boss of your account,I say that
under points will be profit able for every one.
sell 0.86920
tp 0.868500
sl 0.86930
Good luck
The transient pattern of the pair is to the upside. Intraday exchanging scope of the pair is normal among key help at 0.8070 and key obstruction at 1.8250. In view of my diagram investigation, 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 underneath 0.8070
technical analysis of Eur/Gbp is sell
Current Price is ;0.8638
Resistance and supporting price is ,,,,
Resistance Price is :
1. Resistance Level:0.8683
2. Resistance Level:0.8718
3. Resistance Level: 0.8743
Supporting price is :
1. Supporting Level: 0.8627
2. Supporting Level: 0.8616
3. Supporting Level: 0.8605
eur gbp pair shown a very good sign of uptrend..
This pair has small resistance at various values like 0.8035m 0.8060, 0.8080 .. but these resistance are not that strong..
I think this pair can be bought from here...do not sell this pair for few more hour
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.
EURGBP TODAY ANALYSIS
MARKET TREND BULLISH
Pivot Point 0.8620
S 1 0.8594
S 2 0.8569
S 3 0.8543
R 1 0.8645
R 2 0.8671
R 3 0.8696
EUR/GBP is facing resistance near 55-day EMA. If that holds the it will indicate the end of the upward consolidation and that should result in drop towards 0.8315 or more. Even if the resistance of 55-day EMA fails and the pair breaks above the recent 0.8395, a strong resistance is expected in the range of 0.8415 to 0.8425
eur gbp
Trend is bullish position is buy.
Crunt rate is . . . . . 0.8637
Resistance level
1 . . . . . . . . . . . . . .0.8645
2 . . . . . . . . . . . . . . 0.8675
3 . . . . . . . . . . . . . .0.8690
Support level
1 . . . . . . . . . . . . . . 0.8615
2 . . . . . . . . . . . . . . 0.8590
3 . . . . . . . . . . . . . .0.8565
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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.
Otherwise, the pair will bounce up to .8936 and .8975 again before it continues to bearish.
Simple analysis for EUR / GBP, Tuesday, October 23, 2012
Candle in the time frame 1 H has touched WMA 100, likely the pair will have to first reversal at 0.8146 (pivot) before continuing the bearish trend. AO indicator and MACD still in the area sell, with the first destination to go down is 0.8129 (support 1). Good luck .....