Eur/Gbp

EUR/GBP= BULLISH TREND IN H1 TIME FRAME
Resistance 3 =0.8541
Resistance 2 =0.8518
Resistance 1 =0.8505

Pivot point=0.8482

Support 1=0.8469
Support 2=0.8446
Support 3=0.8433

EUR/GBP on the off chance that you see the present four-hour light on your graph, at that point it is looking that bears are returning in the market and now they can turn around this pair.

Along these lines, I will propose you to hang tight for the end of this four-hour flame and in the event that you get the affirmation of sell, at that point go short on this pair else it is astute to remain bullish on this pair for the present.

Eur/Gbp Analysis;

Trend; Bullish
Moving Average: Buy
Pivot Point -::- 0.8486

S 1 -::- 0.8482

S 2 -::- 0.8464

S 3 -::- 0.8443

R 1 -::- 0.8488

R 2 -::- 0.8513

R 3 -::- 0.8532

Eur/Gbp > BULLISH

PIVOT POINT > 0.8483

S1 > 0.8470

S2 > 0.8461

S3 > 0.8447

R1 > 0.8497

R2 > 0.8505

R3 > 0.8519

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Last week's retreat from 0.8885 found support at 0.8730, and the pair bounced up on Friday to extend gains on Monday's Asian session, reaching 0.8800 high, where the Euro found sellers to give away gains on European session, and dive towards 0.8755.

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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.

0.84876
gbp
−0.00066 (−0.08%)
market open (feb 10 01:57 utc-5)
0.84942
prev
0.84820
open
21.654k
volume
0.84820 — 0.84961
day's range

It is the current view that usdchf is continuing the downtrend. Making a top at 0.9845 Wednesday, January 10, usdchf continue the downtrend that start at the top at 0.9977, so we have enough reason to believe that usdchf continue the downtrend. Usdchf has now reached the lowest at 0.9697 which already broke the last bottom at 0.9699. Also, usdchf show strong momentum down still so usdchf possibly continue the downtrend.