Couple really shown is not characteristic of her strong southern trend rate is not even stopped by the long sloping support line (daily chart) and broke it almost without effort, a couple seem to be waiting around the level of 7940.
Thread: Eur/Gbp
Couple really shown is not characteristic of her strong southern trend rate is not even stopped by the long sloping support line (daily chart) and broke it almost without effort, a couple seem to be waiting around the level of 7940.
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Hamzagoroo (2019-03-23)
GBPUSD Recovery on the Way
1minute with ForexSurvivor
Latest impact: GBPUSD Recovery on the Way
GBPUSD 4hr bearish channel within an uptrend most probably is completed as pricing is ticking at the resistance (16140). The market bounced off ahead of STL just by few pips before recovery was completed. The daily close should be locked above 16140 to keep the bull in force. If that happens, buying the close becomes of interest targeting 16220. Then, only a close below 16010 negates the bullish stance.
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Hamzagoroo (2019-03-23)
but for several days the British currency began to grow well on the entire market, the pair formed a very good step, break the support level 0.8025 and seems to move down is not going to stop so count on falling to 0.7940 ...
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Hamzagoroo (2019-03-23)
Trend is expected today: Down
Region powerful today: 0.8040
The pair above 0.8040 to buy the following objectives 0.8070 then 0.8090
The pair down 0.8040 for sale the following objectives 0.8020 then 0.7990
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Hamzagoroo (2019-03-23)
EURGBP moved in great bearish movement yesterday. Now, I think the bearish sentiment still strong enough. I expect EURGBP will continue falling and touch the support level at 0.8007 or even lower. But be careful, this pair may makes some correction movement if can rise and break 0.8039 resistance level.
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Hamzagoroo (2019-03-23)
EURGBP on still nice bearish. And now price on try to break that 161.8 fibo at 0.8022. So, if that 0.8022 can be break down too (by strong seller here) search for sell still better idea (because the bid trend on still support to bearish),
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Hamzagoroo (2019-03-23)
EURGBP moved in great bearish movement yesterday. Now, I think the bearish sentiment still strong enough. I expect EURGBP will continue falling and touch the support level at 0.8007 or even lower. But be careful, this pair may makes some correction movement if can rise and break 0.8039 resistance level
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Hamzagoroo (2019-03-23)
Eur/gbp technical analysis for 26.10.2012 by using : Auto pivot indicator.
resistance 3:0.8157
resistance 2:0.8129
resistance 1:0.8076
pivot point :0.8048
support 1:0.7995
support 2:0.7967
support 3:0.7914
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Hamzagoroo (2019-03-23)
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Finally, price in sideways condition after fell down more than 100 pips yesterday. Big pressure affected price although tried to move up in asian session market yesterday. Now price move not so far from opening level. it predicted will down again.
Hamzagoroo (2019-03-23)
The retreat from 0.8164 extends further and deeper fall could be seen. But downside is expected to be contained by the current 0.8022/8099 support zone and bring another rally. Above 0.8164 will target 38.2% retracement of 0.9083 to 0.7755 at 0.8262 next.
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Hamzagoroo (2019-03-23)
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