Thread: Eur/Gbp
Well I am still short from 89s as posted earlier. Still betting on the last bullish hammer being a bulls trap. SL lowered to 89 now. I added to my shorts somewhat yesterday as the price was rising so I am exposed to losses on this last part of my short position
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Still short EUR/GBP. After this pin daily candle formed 2 days ago, I feel a bit more confident of further downside. A lot of people will probably rush to buy here, thinking it's a reversal candle off a well-defined channel bottom. And they will probably be taken out as the price continues to slide
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Hanif484 (2019-01-15), PAK786 (2019-01-15), SA148P (2019-01-16), Tanveer333 (2019-01-15), Unregistered (2)
This LT view I posted on Feb 15th still stands. I added to my shorts 2 weeks ago as the price moved a bit higher. SL still high above them, near the top of what I described as the peak of the big 2-leg move up. We have not yet moved south enough for me to lower stops. I post daily chart. You can refer to my chart of Feb 15th for LT view, within the context of which I have been shorting this pair
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maybe wait for price action next time, and enter on the next 1h candle, with S/L at last one, as it usually breaks above the resistance. I`m guessing you had previous weekly low at 0.88432 as target?
Last edited by Asif777; 2019-01-15 at 04:57 PM.
EUR/GBP .8817
The big news coming from the Brexit is that May has tied up the financial sector.
Eur/GBP should tank on this as there was a cloud over City jobs..
Of course the only one who will be upset is Sadiq Khan the mayor who hates the financial sector and anything capitalist
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Asif777 (2019-01-15), PAK786 (2019-01-15), SA148P (2019-01-16), Tanveer333 (2019-01-15), Unregistered (1)
Resistance level and Support level
current price Eur / Gbp / 0.8903
Resistance level 1/ 0.8907
Resistance level 2/ 0.8911
Resistance level 3/ 0.8915
Support level 1/ 0.8898
Support level 2/0.8895
Support level 3/0.8892
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Let's look at the H1 chart of the pair. The price broke out the downtrend line and it also broke out the Ichimoku Kumo Cloud. So, I think the price will increase strongly in today's session.
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my analysis of Eur/Gbp
Resistance and Supporting level today,s
Today Trend is:bullish
Resistance level today,s is
First Resistance is:0.8912
Second Resistance is:0.8923
Third Resistance is: 0.8934
Supporting levels today,s is
First Support is: 0.8891
Second Support is:0.8981
Third Support is:0.8968
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EurGBp current rate is 0.8903
eurgbp ka pair kafi downword rha hye ab es ki movement up ki trf nzr aa rhi hey
market 0.8882 sy 0.8903 tk up ho chuki hye aur i thinnk ab b up ki trf movement kr rhi hye
i suggest k yahan pe hmen BUY ki trade deni chahye
tHnX
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
gale (2019-01-15), JameelUrRehman (2019-02-04), PAK786 (2019-01-15), SA148P (2019-01-16), Shahzada (2019-01-15)
Couple to any one wants to go to the north, there is no normal acceleration, the rate again went below resistance 8150 that gives another signal to the south, it will most likely scenario south, 4 hour chart has formed MASD divergence and a sell signal.
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