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.
Printable View
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.
http://i67.tinypic.com/28rcrgj.jpg
bearish trend seems to be taking place today on the EURGBP pair and that’s according to the green color shown by the Bollinger Bands indicator determining by that the main market direction. A sell signal is indicated from the Simple Moving Average indicator and that is by giving us buy signal.
EURGBP bearish trend can continue today, now current price at 0.8939 and strong support at level 0.8959 in hourly time frame. there is possible chance price will move to up side. then next high price is 0.8890
I suggest to entry SELL with stoploss at 0.8975 and take profit at 0.8890
I hope you can earn consistent profit from my signal, good luck
Eur/Gbp
time frame 4 hour chart
market main es pair ke current price 0.8938 hey
market main es pair ke high price 0.8944 tak rahe
market main pair ke low price 0.8934 rahe hey
market main es currency pair ke price down ja rahe hey aur yeh trend aaj jare reh sakta hey traders ko sell order ke sath trading karne chahea
https://preview.ibb.co/irj4pp/Screenshot_1.png
EUR/GBP
Resistance : R1 0.8299 R2 0.8324 R3 0.8344 R4 0.8374
Support : S1 0.8157 S2 0.8132 S3 0.8112 S4 0.8082
Open : 0.8229
High : 0.8232
Low : 0.8224
Range : 8 Pips
Running Price : 0.8224
Strategy : BUY at the level 0.8224 stop loss at the level 0.8157 target take profit at the level 0.8344 or at the level 0.8374
Intraday trade:
If a M15 close above 0.8756 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 0.8742 sell only and do not buy. If price closes back above it again do nothing
The range 0.8742 and 0.8756 is neutral area, any trade done in between is personal decision and not part of this analysis
Today's technical analysis of Eur/Gbp is bullish.
1. Resistance Level: 0.8935
2. Resistance Level: 0.8964
3. Resistance Level: 0.8993
1. Supporting Level: 0.8880
2. Supporting Level: 0.8852
3. Supporting Level: 0.8824
The pair is stable above the support for the main descending channel shown above and the positive effect from momentum indicators continue to push the pair higher. Therefore, we prefer to remain aside for now and observe the closing today between the areas of 0.7965 support and 0.8055 resistance, as those levels will define the next move for the pair.
Recommendation : Based on the charts and explanations above, we remain neutral for now awaiting more confirmations for the next move
Eur/Gbp trend is bullish in the candle H1 and H4 today high rate is 0.8921 and today low rate is 0.8907 if breaking the resistance level 0.8967 then next target is 0.9003+ and the other side supporting level is 0.8855 this is the strong supporting level today,s
http://gulfupp.com/do.php?img=30681
The pair is stable above the support for the main descending channel shown above and the positive effect from momentum indicators continue to push the pair higher. Therefore, we prefer to remain aside for now and observe the closing today between the areas of 0.7965 support and 0.8055 resistance, as those levels will define the next move for the pair
EURGBP is moving near the 0.8163 resistance level. Then, if I see the previous movement, I think the up trend still strong untill now. If EURGBP can break that resistance level, I expect EURGBP will continue going up again and may touches or hits the next resistance level at 0.8197