Eur/Gbp

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

Quote:

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Originally Posted by yudijoni

Stopping near important resistance at 0.8169, 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 (high 09.14.2012)

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1. Trend analysis today with hma system:
hma 32 as short term trend indicator = blue colour, up trend
hma 192 as medium term trend indicator = red colour, down trend
hma 860 as long term trend indicator = red colour, down trend
So the trend is up trend weak limited.

2. Pivot,ressistance and support level this day:
p: 0.7973
r1: 0.7996
r2: 0.8036
r3: 0.8058
s1: 0.7934
s2: 0.7912
s3: 0.787

Almost completed bearish Gartley pattern on eurgbp. Entry around 0.878 Target 1 - 0.868 Target 2 - 0.863



1 Resistance is: 0.8823
2 Resistance is: 0.8859
3 Resistance is: 0.8896



1 Supporting is: 0.8743
2 Supporting is: 0.8705
3 Supporting is: 0.8679

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.

Intraday bias in the pair EUR / GBP at the moment remains on the rise. The consolidation pattern from 0.8472 expands with another lifting leg. Further growth can be seen up to 0.8840 resistance. On the other hand, a slight support break of 0.8668 will turn the bias back into a downward trend for a minimum of 0.8472.

After breaking the shown downtrend line and as result breaking the bearish channel that has moved on it for a long term , we can expect that the pair will bullishly move up and correct its position , i consider that it will be a bullish channel on the long term so we can buy now and make great profit with target points @ 0.8173 (50.0%) then @ 0.8224 (61.8%) , Good Luck

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.

Today eur/gbp hit the tp as 30 pips . and this go down to 0.8703.I hope you make huge prfot this day.
now the price is at 0.8735. I think this will come again.
just place a sell and tp will 10 to 20 pips.
but its more good if you dont place a order today, after making those profit.

Eur/gbp


todays trend is: buy

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 .8809 and .8765.

Otherwise, the pair will bounce up to .8935 and .8965 again before it continues to bearish.