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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
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.
EUR/GBP Bullish T-89 Pattern Points North to the W H3 CamarillaDear Traders,The EUR/GBP has formed an inverted head and shoulders pattern as the price is rejecting above W l3 camarilla support.0.8580-90 is the zone where the price might bounce. We can also see HVT trading setup within the marubozu bullish candle as the price is rejecting off the 88.6 fib
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 breakout of the resistance level at 0.8657 and the pair will continue to go up to the next resistance level at 0.8679 in my personal view this pair will be continue bullish trend, for intraday trading today
I advice to entry BUY Order at the level 0.8648 stop loss at the level 0.8693 and target take profit at the level 0.8613
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 Bullish T-89 Pattern Points North to the W H3 CamarillaDear Traders,The EUR/GBP has formed an inverted head and shoulders pattern as the price is rejecting above W l3 camarilla support.0.8580-90 is the zone where the price might bounce. We can also see HVT trading setup within the marubozu bullish candle as the price is rejecting off the 88.6 fib
My analysis of Eur/Gbp is sell
Current Price is ;0.8638
Resistance and supporting level is ,,,,
Resistance level is :
1. Resistance Level:0.8683
2. Resistance Level:0.8718
3. Resistance Level: 0.8743
Supporting level is :
1. Supporting Level: 0.8627
2. Supporting Level: 0.8616
3. Supporting Level: 0.8605
EURGBP / H4 /Technical Chart Formation:Gartley Pattern + Inverse H&S Risk Management: Fixed Lot Size Wish you many pips PS: Thank you very much that you support me with your likes and Comments If you have another analysis at this pair, please share in comments, I will be glad to discuss with you.
Resistance 1: 0.8650
Resistance 2: 0.8662
Resistance 3: 0.8685
Supporting 1: 0.8615
Supporting 2: 0.8591
Supporting 3: 0.8573
EURGBP Today Analysis
Market Trend Bullish
Pivot Point 0.8625
S 1 0.8610
S 2 0.8585
S 3 0.8570
R 1 0.8650
R 2 0.8675
R 3 0.8695
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 rate.
"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 (63.203), STOCH(9,6)'s value is (46.876) and STOCHRSI(14)'s value is (100).
Let's have a look at today's Support and Resistance levels:
Pivot Point: 0.8637
Support 1: 0.863
Support 2: 0.8617
Support 3: 0.861
Resistance 1: 0.865
Resistance 2: 0.8657
Resistance 3: 0.867
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:"