Thread: Eur/Gbp
EUR/GBP remains on the upside and current rally is still in progress for 138.2% projection of 0.7755 to 0.8164 from 0.7959 at 0.8524 next, which is close to 0.8505 resistance. On the downside, break of 0.8325 support is needed to signal short term topping.
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trend for the pair is going very well in the north, the rollback is no longer visible but there is consolidation ... for which you can put a stop to the north in the game ... so it's quite a mark 0.8375 level for a nice sunset in the position it is acceptable for the deposit risk. . might be rolled back and deeper but overall I think the direction will not change ...
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eur/gbp technical analysis by using : adx
adx : 23.3032
+di : 7.7382
-di : 20.4525
timeframe : 1 hour
date : 21.01.2013
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sell eur/gbp at the level 0.8384 with targets at 0.8285 and 0.8230, but in case of breaking the level 0.8401, then buy at this level with targets at 0.8442 and 0.8469
---------- Post added at 10:59 AM ---------- Previous post was at 10:57 AM ----------
sell eur/gbp at the level 0.8384 with targets at 0.8285 and 0.8230, but in case of breaking the level 0.8401, then buy at this with targets at 0.8442 and 0.8469
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long positions at 0.8380 with 0.8400 and 0.8425 as next targets
the breakout of 0.8360 will call for arebound towards 0.8310
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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.
th[ough this type of pairs of currency is good i know that there is no problem when it comes to getting a good outcome of what i have right now that is why i have been having a rough time trying to trade it.
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EUR/GBP
High 0.8407 Low 0.8389
Trend Index - Slightly Bullish
OB/OS Index - Extremely Overbought
Pivot Points S3 S2 S1 Pivot R1 R2 R3
Classic 0.8322 0.8339 0.8366 0.8383 0.8410 0.8427 0.8454
Camarilla 0.8382 0.8386 0.8390 0.8383 0.8398 0.8402 0.8406
Fibonacci 0.8339 0.8355 0.8366 0.8383 0.8399 0.8410 0.8427
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0.8325 managed to confirm that the pair became bullish after the pair through the above but should confirm this bullish again with the way the pair have held firm above confirmation bullish level this means that when the pair penetrate below this level the pair become bearish again
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Eur / gbp जोड़ी शुक्रवार को सत्र के दौरान गुलाब के रूप में हम 0.84 संभाल के लिए लक्ष्य. हमने हाल ही में पिछले 48 घंटे के यूरो की ताकत को देखा है, और यह एक परिणाम के रूप में प्रतीत होता है कि इस जोड़ी के लिए उच्च और संभवतः 0.85 स्तर पर जारी रखने के लिए जा रहा है.
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