Eur/Gbp

EUR/GBP jumped on Friday to teste a fresh five and a half month high of 0.89907 as Core inflation in the Eurozone rose by more than what analysts expected. Data earlier today showed that Core Inflation rose 1.1% in June, exceeding analysts’ expectations for a rate of 1.0%. In the UK, data today confirmed that GDP has risen 1.8% in the first quarter, while another report showed that Business Investment in the UK has risen over the same period, but at a slower pace than expected (+0.4% vs. +0.5% exp.).

EURGBP Support & Resistance Table - 28/06/2019
Support & Resistance Level Explanation
Resistance 2 0.9001 Daily R2
Resistance 1 0.8985 Daily R1
Support 1 0.8941 Daily S1
Support 2 0.8920 Daily S2

EUR/GBP down


1 Resistance 0.8943
2 Resistance 0.8945
3 Resistance 0.8954

1 Support 0.8933
2 Support 0.8927
3 Support 0.8924

Pivot Point 0.8950


1 Resistance 0.8959
2 Resistance 0.8970
3 Resistance 0.8980

1 Support 0.8939
2 Support 0.8930
3 Support 0.8919

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.

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 Analysis mari nazar main aj ye Resistance or Support points hon gai.

Resistance 0.8942

Resistance 0.8967

Resistance 0.8968


Support 0.8929

Support 0.8891

Support 0.8865

The EUR/GBP has been in a retracement mode, but if it holds above D L4 camarilla pivot point, we should see a continuation.

EURGBP

The POC zone 0.8930-40 could see the fresh buyers emerging due to the confluence of W L3, H1/H4 Bands and historical daily support. If the price closes above 0.8940 we should see 0.8959 and 0.8973 as next targets. However, if the price drops below the ATR projection low, bears could get the upper hand and the pair won't be bullish anymore. Ideally for bulls, the price should holds above the D L4 at 0.8923.

Today Market trend:sell

Current price aur previous price market ke down hony ka ishara de rahe hain

Resistance and Support points bhi market ke down hony ka ishara de rahe hain

Isliye hum ko sell main trade laga deni chahiye

Eur/gbp ka trend is time maray analyses kay hidsab say bearish trend show kra raha hay .
Ye trend move ho sakta hay.is ko buy karna better ho ga.
Pivot hay . . 0.8953
By searching the parabolic sar at h1 show us it can move up way .Thanks . . .

SUPPORT AUR RESISTANCE LEVEL AAJ KAY LIYE

Pivot Point : 0.8950

Supporting Levels Yen Hein

Support 1: 0.8939

Support 2: 0.8930

Support 3: 0.8919


TREND: BULLISH


Resistance Levels Yeh Hein.

Resistance 1: 0.8959

Resistance 2: 0.8970

Resistance 3: 0.8980


Apney Khud Kay Risk Per Trading Karen




Attachment 18166