Eur/Gbp

for EURGBP I recommend you to put sell orders from now on. valid because the 70% seen that the price will go down, the display of the candlestick back down after touching midleband, besides the price almost touched the 0.8411 price zone on the seller, sell my vote for this day

Eur/gbp pivot levels by using fibonacci pivot indicator.

r3: 0.8512
r2: 0.8481
r1: 0.8463

pivot : 0.8432

s1: 0.8401
s2: 0.8383
s3: 0.8352

I think ,The EUR/GBP is another popular currency pair for traders. The EUR/GBP consists of 2 currencies which create a 'pair'. In this case, the Euro is the 'base' currency, and British Pound Sterling is the 'counter' or 'quote' currency. EUR/GBP is actually a comparison of the value of one currency in relation to the other. For example, the quotation EUR/GBP 0.80 means that one EUR is exchanged for 0.80 British pounds (80 pence). If the quote moves from EUR/GBP 0.80 to EUR/GBP 0.90, the Euro is getting stronger and the Pound weaker. In this case, you would buy if you expected that the Euro would continue to strengthen against the Pound.

Pivot levels today:
R3: 0.8537
R2: 0.8509
R1: 0.8459
PP: 0.8432
S1: 0.8380
S2: 0.8353
S3: 0.8303
Comment: Price now is too close to daily pivot level, also it is close to 55 SMA, so no clear signal yet.
Forecast: By breaking 0.8397 level, price may fall to 0.8303.

time frame- H1
we can see the down trend signal from the parabolic sar and the macd indicator. but it is supported at the 0.8400 and again move to up side. if the support 0.8400 is break we can short this pair to the target at the 0.8350 and stop loss at the 0.8450
good luck

in the chart 1h we can see the pair will go to up way in the future
i see we can buy and our target will be 30 pips
I expect from this analyze that the price will go to down up way
so buy from 0.8423 to 0.8454


good luck

follows from the condition gbp currency stronger, because to make the EURGBP currency pair to go down, although I think this is actually a long-term sideway condition, but if you look at my picture you can see that the longterm prediction reversal for EURGBP currency is the price 0.8410

elliott curuial reversal point 0.8358 ther is beraish potential for to 0.84371 while 0.8504 - 0.8557 resist after this fall a recovery up to 0.8557 or 0.8610 is expected

Pair : EURGBP
Updated : Sun, May 05 20:10
price : 0.8424
movement : 15.1 Pips
movement : 0.18%

Support : 0.8384
Pivot : 0.8426
Resistance : 0.8468

EURGBP,H1
Date 2013.05.06
Time 04:00

Spoiler:

http://charts.mql5.com/1/480/eurgbp-...orex-group.png

Open 0.8421
High 0.8426
Low 0.8420
Close 0.8425
Volume 29
SMA(5) 0.8423
SMA(10) 0.8423
SMA(20) 0.8426
SMA(50) 0.8431
SMA(100) 0.8448
SAR 0.8434

Indicator window 1
Stoch(5,3,3) 42.8571
Signal 36.5079

Indicator window 2
RSI(14) 49.6671

Indicator window 3
MACD(12,26,9) -0.00019
Signal -0.00025

Indicator window 4
%R(14) -56.8182

based on combination of indicators above,
trend : NEUTRAL