Thread: Eur/Gbp
Support: 0.8089
Pivot: 0.8125
Resistance: 0.8161
trendspotter buy
7 day average directional indicator buy
10-8 day MA hilo channel hold
20 day MA VS Price buy
20-50 Day MACD oscillator buy
20 Day Bollinger Bands hold
Technical Analysis For EURGBP 60% Buy
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EURGBP is on downward, I think it is possible to go down towards 0.8091 or lower. It will change to bull when the pair can break the 0.8147 level
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EURGBP began up bullish after falling to 0.8112 level after scoring high at 0.8147 level, EURGBP short-term trend remains bearish as long as price is below the trendline.
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Spoiler:
In M30 chart, price is below 12 (white) EMA and 72 EMA (blue) indicates the trend is down
21 RSI is below 50 indicates the trend is down
Recommendation: SELL
Take profit: 0.8086
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EUR/GBP
Sell
ENTER:-.81340
TP1:-.80917
TP2:-.80496
SL:- .82189
Do not enter any Order never reverse trend
Define TP & SL IS VERY Important
This is just a sign could have been right or wrong so be warned
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For today probably price move I see, the EURGBP more to nice bulls again. This bulls continuation was triggered by the price candle on several time ago that was able break up more that resistance 0.8132. I see - for today move - the nearest bulls target is to near the supply 0.8149.
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Support: 0.8086
Pivot: 0.8124
Resistance: 0.8163
trendspotter buy
7 day average directional indicator buy
10-8 day MA hilo channel buy
20 day MA VS Price buy
20-50 Day MACD oscillator buy
20 Day Bollinger Bands hold
Technical Analysis For EURGBP 80% Buy
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EURGBP having bullish today until it touched 0.8127, I think EURGBP would fell to 0.8115 level and may subsequently be bullish towards resistance 0.8130 - 0.8140.
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On the H1 chart, price is above the 12 EMA and 72 EMA indicates the trend is still up
21 RSI is above 50 indicates the trend is still up
Recommendation: BUY
Take profit: 0.8141/0.8153
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EUR/GBP
Sell
ENTER:-.81130
TP1:-.80760
TP2:-.80391
SL:- .81872
Do not enter any Order never reverse trend
Define TP & SL IS VERY Important
This is just a sign could have been right or wrong so be warned
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.
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