Daily Forecast
Major Trend: Bearish
Time Frame: H4
Reason: Possible market will lead to a correction to 0.7280, but if the market can not break through 0.7724 and above, then the market will go down.
Recommendation: Sell limit at 0.7280 / 0.7724
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Daily Forecast
Major Trend: Bearish
Time Frame: H4
Reason: Possible market will lead to a correction to 0.7280, but if the market can not break through 0.7724 and above, then the market will go down.
Recommendation: Sell limit at 0.7280 / 0.7724
daily overview for Eur-Gbp
r3: 0.7273
r2: 0.7253
r1: 0.7226
s1: 0.7179
s2: 0.7159
s3: 0.7132
the pair is trade in up
so our trade for the pair is buy
pair- eur/gbp
time frame-m30
http://i59.tinypic.com/30xh4i1.jpg
the price is moving in the down trend channel pattern with having resistance at 0.7200 and support at the 0.7170 level. the price now at resistance and stoch is also showing overbought. its may again down side to movement in channel pattern. short with stop loss at 0.7218
good luck
Daily Forecast
Major Trend: sideways
Time Frame: H1
Reason: According to Fibo, the market is still sideways in the range 0.7229- 0.7165, but for fibo still pointing upwards.
Recommendation: Buy
daily overview for Eur-Gbp
r3: 0.7250
r2: 0.7229
r1: 0.7210
s1: 0.7170
s2: 0.7149
s3: 0.7130
the pair broke the oblong to down
so our trade for the pair is sell
Daily Forecast
Major Trend: Bearish
Time Frame: H1
Reason: Possible market will still be a correction in the previous support area at 0.7184. However, if the market can break above the price tersbut then, would be bullish.
Recommendation: Sell limit at 0.7184
pair-eur/gbp
time frame analysis- m15
http://i60.tinypic.com/hu2gp3.jpg
the price down movement is hold at the support 0.7119 level and moving up side. this is break the resistance of the pivot point at 0.7152 level but making doji pattern and stoch is also down side. this movement may as correction. hold the short entry with stop loss at 0.7170
Daily Forecast
Major Trend: Bullish
Time Frame: H4
Reason: Market still will go up, because the market has penetrated too far from the bottom line of envelopes, and also has been rejected at the 38.2 fibo.
Recommendation: Buy with a target at 0.7230
Main ye thread EUR/GBP ke discussion ke liye bana raha hain. Sabhi members ko ya post karne ke liye swagat karta hoon.
I think that after breaking the support level at 0.7168 we can get in short position with take profit at 0.7118.
http://img.prntscr.com/img?url=http:...om/WkLCFAr.png
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