this pair now moving at resistanc level sell it with 30pips tp.
if we see macd indicator with h4 chart its now at zero level and changing the direction
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this pair now moving at resistanc level sell it with 30pips tp.
if we see macd indicator with h4 chart its now at zero level and changing the direction
as we can see on the chart , the pair is trading under the level of 0.8750 , any way if the pair succeeded in breaking 0.8750 , it will continue in it's up movements heading to 0.8770 and then 0.8790
I personally believe that , EG will fall on next week and will touch at 0.8680 below .
But also expected to touch at 0.8815 . So lets see what happened in next neek.
Price rallied into the 200 day (and 20 day) average yesterday and reversed just shy of its channel. A downside resolution is favored as long as price is below the July-September trendline.
EUR/GBP rose further to 0.8786 last week but lost momentum ahead of 0.8795 resistance. Initial bias remains neutral this week and some sideway trading could be seen first
as we can see from the chart , the pair has stated it's trading week above the level of 0.8750 and that's mean that the up trend is expected this week and the pair might head to 0.8800 and then 0.8830
as we can see the pair faces down trend on the weekly chart . but the last week candle was strong bullish one. i think the price will visit the resistant level at 0.8810
as we can see from the chart the pair has success in breaking the level of 0.8750 and now the pair is trading under it , that's mean the down trend is standing and the pair might head to 0.8700 then 0.8675
the chart and as we can see on it is showing the pair has succeeded in closing it's weekly candle above level 0.8700 , and that's mean the up trend is still standing and the pair might head to 0.8770 and then 0.8800 , good luck .
The pair is posting a rebound but stands below it's resistance .
So the down movement targeting 86.90 and than 86.70 .