Today at date 2013/10/31 on the pairs EurGbp at market time on 02.58 I analyze from chart that's the time frame on M5, M15, M30, H1, H4, M1, and D1 outline leads to more down trend condition, and the Bollinger Bands indicator is also up trend and MACD indicator is indicated break low signal and support resistance is showing below
- R3 : 0.8602
- R2 : 0.8593
- R1 : 0.8582
- Pivots : 0.8573
- S1 : 0.8562
- S2 : 0.8553
- S3 : 0.8542
so I can recommend you to hold and wait or instant order with open position BUY with SL=0.854 and TP=0.86