Eur/Gbp

time frame- h1
resistance trend line is break and down trend is hold at the support 0.8506 it make a pull up with breaking the pivot point 0.8530. we can long this pair with the target resistance at 0.8550 and stop loss at the 0.8490

We analyze the volatility of the trading range for the last two days on June 4 for the pair eurgbp, we have support at 0.8502 and resistance at 0.8551, volatility of 1.13 for 7 days, fixed point 0.8563, after the fall and redemption quotes approached the 0.8551 resistance, in the last couple of days lots and sold at all seriously then it just seems to be sideways, while there is expected but I think I will turn down (low volatility and price is below the reference point), we observe.

gbp weakened against the euro. on h1 timeframe for now EURGBP looks strong uptrend, and time to put order buy because prices have entered buy area at prices up to 0.8549 for a target profit at 0.8569 for a target price reversal I think the price would be capable of reversal when touching R II (0.8583)

Today, I have a few incomplete sequence.
Buy stop 0.8927 TP 20 pips sl - 30 30pip.
0.8887 TP 20 sales 30 PIP stop.
TP increases, can this will most manual stop.

Hi,,




in the chart 1h we can see the pair will go to down way in the future
I see the pair will go to 0.8521
I expect from this analyze that the price will go to down way
so sell from 0.8565 to 0.8521
good luck

elliott extensison wave down 0.8492 market should hold major support at 0.8488 befor rising towards 0.8558 or even 0.8581 limit

time frame- h1
in the price chart it is break the resistance trend line but not able to break resistance at the 0.8560 and moved to down side. now the pivot point at 0.8535 offering a support. if this support is break then price will move again downward and will hit the support at 0.8520 or more below.

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European countries, sales price now 0. But range of motion which 8828 0. 8788 ~ 0. 8853, for European countries, however, can take place, as well as large 0 next movements. 8788, will probably remain at the rear with an upward trend and targeted European countries in May next year to 0. 8920 Although the selling price is necessary to be able to almost 0. Where the aid is in an upward trend.

Pivot levels today:
R3: 0.8595
R2: 0.8577
R1: 0.8558
PP: 0.8540
S1: 0.8521
S2: 0.8503
S3: 0.8485
Comment: Price now is below the daily and weekly pivot levels, also it is below the 55 SMA, so more fall is expected.
Forecast: Price may fall to 0.8485.