Eur/Gbp

[pritishahfx]

EUR/GBP Daily

In previous recommendations, we were in a short position and has successfully increased its goal to 0,7500 but it seems that the bears are not going to stop. We will join them if they overcome the level 0,7400.

The price is below the moving average 20 MA and 200 MA, indicating the downward trend.
MACD is already below the zero line and shows the continuation of the downward movement.
The oscillator Force Index is in correction, but under the 0-th level.

If the level of support is broken, you should follow recommendations below:
Timeframe: D1
Recommendation: Short Position
Entry Level

---------- Post added at 08:04 PM ---------- Previous post was at 07:35 PM ----------

The pair dropped and is currently targeting the resistance 0.7400. Breaking the referred to level and stabilizing below it extends the downside move to target 0.7370 and 0.7300 and 0.7200, and trading below 0.7500 is negative and support the downside move, while breaching 0.7555 threatens to fail the suggested expectations.

---------- Post added at 08:08 PM ---------- Previous post was at 08:04 PM ----------

Support 0.7400 0.7370 0.7300 0.7225 0.7200
Resistance 0.7450 0.7500 0.7520 0.7600 0.7700
Recommendation
Negative expectations below 0.7400, risk-limit above 0.7555.

---------- Post added 02-11-2015 at 06:27 AM ---------- Previous post was 02-10-2015 at 08:08 PM ----------

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.7416; (P) 0.7437; (R1) 0.7462

4H

EUR/GBP lost some momentum ahead of 0.7403 low and intraday bias is turned neutral first. Break of 0.7403 will confirm resumption of recent down trend and should target next long term key support level at 0.7250/53. In case of more sideway trading, we'd expect upside to be limited by 0.7594 support turned resistance and bring fall resumption. Nonetheless, break of 0.7594 will indicate short term bottoming and bring stronger rebound to 0.7713 and above.

---------- Post added at 06:34 AM ---------- Previous post was at 06:27 AM ----------

D1

In the bigger picture, the down trend from 0.9799 (2006 high) is still in progress. Such decline would now target next key support level at 0.7250 (61.8% retracement of 0.5680 to 0.9799 at 0.7253). We'd be cautious on rebound from there. On the upside, break of 0.7755 resistance is needed to be the first sign of medium term bottoming. Otherwise, outlook will stay bearish in case of rebound.

[Gamabunta]

I think that the red tranedline decree below will make the price fall down and break the support level at 0.7410, that's why we can get in short position in that moment with take profit at 0.7370.

[pritishahfx]

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.7416; (P) 0.7437; (R1) 0.7462

4H

Intraday bias in EUR/GBP remains mildly on the downside for 0.7403 low. Break will extend recent fall to next long term key support level at 0.7250/53. In case of more sideway trading, we'd expect upside to be limited by 0.7594 support turned resistance and bring fall resumption. Nonetheless, break of 0.7594 will indicate short term bottoming and bring stronger rebound to 0.7713 and above.

---------- Post added at 12:54 PM ---------- Previous post was at 12:51 PM ----------

D1

In the bigger picture, the down trend from 0.9799 (2006 high) is still in progress. Such decline would now target next key support level at 0.7250 (61.8% retracement of 0.5680 to 0.9799 at 0.7253). We'd be cautious on rebound from there. On the upside, break of 0.7755 resistance is needed to be the first sign of medium term bottoming. Otherwise, outlook will stay bearish in case of rebound.

[sajid1240]

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 but these resistance are not that strong i think this pair can be bought from here...do not sell this pair for few more hour.....

[ashraf55]

To day support and resistance date.10/2/2015
Resistance 1:0.7470
Resistance 2:0.7500
Resistance 3:0.7530
Power pivot:0.7430
Support 1:0.7401
Support 2:0.7368
Support 3:0.7345
Sell order:Bhai mary plan ya hai jub market support 1ko touch kry to sell k order lga den or se k tp support 2 ok kr den or stop loss resistance1 ok kr den
Buy order:jub market resistance1 ko touch kry to buy k order lga den or se k tp resistance2 ok kr den or se k stop loss support1 kr den.
Plan 2:sell order: jub market resistance3 ko touch kry sell order ok kr den or stop loss 20 pip kr den.
Buy order:jub market support3 ko touch kry to buy k order ok kr den.

[pritishahfx]

The pair dropped and is currently targeting the resistance at 0.7400. Breaking the referred to level and stabilizing below it favors extending the downside move targeting 0.7370 and 0.7300 and 0.7200, as trading below 0.7500 is negative and support the downside move. Breaching 0.7555 threatens to fail the suggested expectations.

Support 0.7400 0.7370 0.7300 0.7225 0.7200
Resistance 0.7450 0.7500 0.7520 0.7600 0.7460
Recommendation
Negative expectations below 0.7400, risk-limit above 0.7555.

[mianshabbir01]

EURGBP Analysis & Signals 09/02/15

Order ABOVE
BUY LIMIT
Buy at 0.7410
Take Profit at 0.7373
Stop Loss at 0.7460

[ducd3vaizo]

Daily Forecast

Pairs: EURGBP
Major Trend: Bearish
Time Frame: H1
Reason: For the American session, the market has been pointing downwards and penetrates the first support at 0.7415. Possibility next target is 0.7398
Recommendation: Sell now

[Bieela]

I do not recommend to trading on the pair EUR GBP for this session, because of the trend shows he will stay down, the other side there is the possibility to form a new trend is bullish. So we wait until there are more valid signal again.

[pritishahfx]

4H

Daily Pivots: (S1) 0.7392; (P) 0.7441; (R1) 0.7465

Intraday bias in EUR/GBP remains mildly on the downside for 0.7403 low. Break will extend recent fall to next long term key support level at 0.7250/53. In case of more sideway trading, we'd expect upside to be limited by 0.7594 support turned resistance and bring fall resumption. Nonetheless, break of 0.7594 will indicate short term bottoming and bring stronger rebound to 0.7713 and above.

---------- Post added at 10:44 AM ---------- Previous post was at 08:46 AM ----------

D1

In the bigger picture, the down trend from 0.9799 (2006 high) is still in progress. Such decline would now target next key support level at 0.7250 (61.8% retracement of 0.5680 to 0.9799 at 0.7253). We'd be cautious on rebound from there. On the upside, break of 0.7755 resistance is needed to be the first sign of medium term bottoming. Otherwise, outlook will stay bearish in case of rebound.