Eur/Gbp

the pair and as we can see from the chart is trading now above the level of 0.8600 , so when ever the pair success in breaking 0.8600 , that's mean the down trend will be assured and the pair might head to 0.8570 and then 0.8540

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.
LIKE MY POST.THEN DO NOT FORGET TO GIVE THANKS!!!

Hello all my dear and respectable brothers and sisters ! Last week's retreat from 0.886 found
support at 0.8731 , and the pair bounce up on Friday to extend gains o Monday's Asian
session , reaching 0.8800 high, where the Euro found sellers to give away gains on European session, and
dive towards 0.8756
Lke my post then do not forget to give thanks....

EUR/GBP is facing resistance near 55-day EMA. If that holds the it will indicate the end of the upward consolidation and that should result in drop towards 0.8315 or more. Even if the resistance of 55-day EMA fails and the pair breaks above the recent 0.8395, a strong resistance is expected in the range of 0.8415 to 0.8425. Our overall outlook stays bearish but we are neutral initially.

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

The short term trend of the pair is to the upside. Intraday trading range of the pair is expected among key support at 0.8070 and key resistance at 1.8250. Based upon my chart analysis, I prefer to buying the pair above 0.8135 with targets 0.8165, 0.8200 then 0.8250 and stoploss with four hour candle closing below 0.8070.

Daily overview for EurGbp

The price is finding the first support at 0.8852 and the next support is at 0.8827 The price is finding the first resistance at 0.8869 and the next resistance is at 0.8878

--- Trading recommendations for today : Open Buy ---

I predict price will be continued flying today. The first target is the level 0.8921. After fixing below the first target, then price will go to the level of 0.8961 will become the next one.
we need looking fundamental news to get clear signal, don’t be overconfidence in our trading. this market is very dangerous for us. Keep apply our trading rules.

Standart Pivot Point - Support – Resistance :

Resistent1 : 0.8869
Resistent2 : 0.8878
Resistent3 : 0.8886
Pivot : 0.8861
Support 1 : 0.8852
Support 2 : 0.8827
Support 3 : 0.8835

I try to make analysis for eurgbp pair today.
I see this pair still in strong bullish movement . If this pair can break the 0.8914 resistance level, I predict this pair will go up to the next resistance level at 0.8964 But if this pair go down and break 0.8864 support level, I predict this pair will make some correction to the next support level at around 0.8814

Buy signal is indicated from the Simple Moving Average and Bollinger Bands indicator . I suggest to entry Buy with stoploss at 0.8879 and take profit at 0.8964
my advice ..don’t use high risk and please stop trading if the target has been reached, we should avoid greedy.

Technical analyse Eur > Gbp

today current rate Eur > Gbp > 0.8887


Resistance lever 1 > 0.8892
Resistance lever 2 > 0.8895
Resistance lever 3 > 0.8899

Support lever 1 > 0.8883
Support lever 2 > 0.8879
Support lever 3 > 0.8874

Technical analysis of Eur/Gbp trend is bullish trend

Resistance and Supporting levels is :

Resistance level is

1> Resistance level is:0.8931
2> Resistance level is: 0.8961
3> Resistance level is: 0.9013


Supporting level is

1> Supporting level is: 0.8849
2> Supporting level is: 0.8797
3> Supporting level is: 0.8767