Eur/Gbp

[sana24]

As we see from the Daily Chart included , the pair is moving down on a trending down channel from a large period , i expect this pair to move up but on a short term , it will go up till reaching the upper line of the channel then it will correct its direction by moving down again in the channel , we can now buy and make profit about less than 200 pips , but be careful the pair has not to move up with exactly 200 pips , it can move with 100 pips or 50 pips only , i suggest to set a small take profit point and not to be greedy as the pair is originally moving in a downtrend channel

[Hanif484]

The opening price is above pivot 0.8650 which indicates the uptrend.
Support Level: 0.8636, 0.8612, 0.8598.
Resistance Level: 0.8674, 0.8688, 0.8712.
The MACD histogram is below the zero level.
Parabolic SAR indicator (step 0.02, max 0.2) indicates the price is moving up.

Trading recommendations: Buy.
TP: At the resistance level: 0.8674, 0.8688, 0.8712.
SL: One level below the entry point.

[Hanif484]

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.

[Hanif484]

On Tuesday, January 15th Brexit vote is to be held in the British Parliament. It can cause volatility growth and lack of liquidity on financial markets.


Depending on the conditions of liquidity providers and based on the Regulations for trading operations there might be temporary increase of spreads and pending orders levels for currency pairs with euro (EUR), British pound (GBP), Swiss franc (CHF) and for European stock indexes in the trading platforms.

FreshForex team is making every effort to maintain the best possible trading conditions. However, please be prepared for a possible changes within a few days.

[Hanif484]

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

[Hanif484]

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

[Hanif484]

Hello. My long term view on EUR/GBP, in which I am currently short: After the 2-leg move up (yellow on chart) I expect the pair to correct over the next few months. My 1st target is around 0.78, roughly the middle of the congestion area of the 1st half of 2016 when EUR/GBP was on its way up, although it may well go even lower (pink). After this multi-month correction, I would expect EUR/GBP to resume rising on to new all-time highs (green arrows) My current trades have roughly a 3-1 expected reward-to-capital at risk ratio, given where my SLosses

[Hanif484]

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

[ba33]

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.

[Muhammadasif]

Eur/Gbp Ki Aj Market Up Ki Tarf Ho Rahiii Hai And
Mujhe Lagta Hai Aj Market Up Tarf He Hogii
Tw Main Yah Kahun Ga Humay Yahan Se Sell ki Chal Laga Denii Chay
Main Umeed Krta Hun Ap Humarii es Ray Par pora Utry Gan
Good Luck
Current Rate:0.89211