Eur/Gbp

[tradergalau]

EURGBP bearish
Prev Close: 0.8033
Open: 0.8031
at this time post, price at 0.8044 about 11 pip from prev close.

Day's Range: 0.8023 - 0.8047

if 0.8062 can reach, bullish can be trigger, but if 0.8023 touch, posible down continue

[kakpay]

Trend Analysis Using Indicators Raitis:
RaitisPriceChannel: DOWN
RaitisStoch: DOWN
RaitisCyFilter: DOWN

Prev / Daily High = 0.8059
Prev / Daily Low = 0.8030
Y. Middle = 0.8044

If the price is above 0.8044 then tends to rise towards 0.8059.
Conversely, if the price is below 0.8044 then next target at 0.8030.

[alskndry]

EURGBP has broken the support level at 0.8039 and also has broken the yesterday's low too. So, I think EURGBP still in bearish sentiment and may continue the down trend today. I think EURGBP is possible to touch the support level at around 0.8007 or maybe lower

[romannil]

Eur/gbp technical analysis for 11.10.2012 by using : Auto pivot indicator.

resistance 3:0.8097
resistance 2:0.8081
resistance 1:0.8063

pivot point :0.8047

support 1:0.8029
support 2:0.8013
support 3:07995

[Bieela_cute]

Elliott: flat correction down 0.8002
It may meet resistance in 0.8045 - 0.8046 zone for a drift down to 0.8030 zone, after which bounce to 0.8061 is anticipated.
Technical points
Key point 0.8043
Entry point 0.8036
Elliott 0.8100
Closing 0.8045
Projection 0.8002
Trendline 0.8062
Trendline 0.8025
Supports / Resistances
Res 2 0.8077
Ex-High 0.8062
Res 1 0.8061
Pivot 0.8046
Sup 1 0.8030
Ex-Low 0.8031
Sup 2 0.8015

[nurdiantofxwave]

Weekly pivot point (0.8032) will be a key for price to move up or down in this day. Now price still try to break this point but always fall. If downward trend still continue with any pressure for euro, price predicted will fell down following a downward long term trend.

[redstar]

Resistance : 0.8065,0.8100
Support : 0.8015

price look moving at bearish trend and heading to support area, price possibly to bounce up and heading to resistance area at 0.8065 but if price can break down the support area, the strong bearish trend will be created.

[tradergalau]

EURGBP has broken the support level at 0.8039 and also has broken the yesterday's low too. So, I think EURGBP still in bearish sentiment and may continue the down trend today. I think EURGBP is possible to touch the support level at around 0.8007 or maybe lower.

[Bieela_cute]

As the single currency has retreated after intra-day marginal rise to 0.8099 (yesterday’s high was 0.8095), suggesting consolidation with mild downside bias would e seen and retracement to 0.8020-22 would be seen, however, reckon 0.7795-97 support would hold, bring another rise later. A break of said resistance would bring a retest of 0.8114 but break there is needed to confirm upmove has resumed and extend further gain for a stronger retracement of early decline towards 0.8140 but reckon resistance at 0.8157-63 would hold

[Vamos]

Looks like buyers do not want to give up so soon ... a couple fighting off competition from the double top rolled back a bit and then find support at 0.8030, so the forecast for tomorrow .. I think the movement will occur in the range of 0.8030 - 0.8110, and then can be attempts to go even higher. well .. let's see