Eur/Gbp

[ashaab]

The short term trend of the pair is to the upside. Intraday trading range of the pair is expected among key support at 0.7830 and key resistance at 0.8095. Based upon my chart analysis, I prefer to buying the pair above 0.7925 with targets 0.7965, 0.8000 then 0.8055 and stoploss with four hour candle closing below 0.7880.

[devloppman]

Support & Resistance 30/08/2012

Sup 1 : 0,7938
Sup 2 : 0,7962
Sup 3 : 0,7979

PIVOT : 0,7921

Res 1 : 0,7897
Res 2 : 0,7880
Res 3 : 0,7856

[Opplus]

With 0.7962 resistance intact, our bearish view on EUR/GBP remains unchanged. That is, price actions from 0.7755 are viewed as a correction only and fall from 0.9803 is expected to resume sooner or later. Below 0.7811 should turn bias back to the downside and send the cross through 0.7755 low to 0.7692 key support level next. Though, note again that sustained break of 0.7962 resistance will now be an early sign of reversal and should turn focus back to 0.8152 resistance instead.

[arpanet88]

The daily trend still indicates that there is still some good pressure on EUR/GBP and it is likely to go down even more from now.I am short from 0.8770 with a take profit of 25 pips at 0.8745.Still haven't decided my stop loss yet.I might ammend the stop loss after some time.

[ashaab]

The short term trend of the pair is to the upside. Intraday trading range of the pair is expected among key support at 0.7830 and key resistance at 0.8095. Based upon my chart analysis, I prefer to buying the pair above 0.7925 with targets 0.7965, 0.8000 then 0.8055and stoploss with four hour candle closing below 0.7880.

[devloppman]

Support & Resistance 29/08/2012

Sup 1 : 0,7962
Sup 2 : 0,7982
Sup 3 : 0,8010

PIVOT : 0,7934

Res 1 : 0,7913
Res 2 : 0,7885
Res 3 : 0,7865

[Opplus]

EUR/GBP's recovery from 0.7811 extended further but is still limited below 0.7920 resistance so far. Thus, our bearish view on the cross remains unchanged. That is, price actions from 0.7755 are viewed as a correction only and fall from 0.9803 is expected to resume sooner or later. Below 0.7811 should turn bias back to the downside and send the cross through 0.7755 low to 0.7692 key support level next. Though, note again that sustained break of 0.7962 resistance will now be an early sign of reversal and should turn focus back to 0.8152 resistance instead.

[zachaeus]

The pair has touched the baseline of trendline support and also coincided with an area near pivot point which made a strong support point and it has held properly, next area of target is 0.7961 level around pivot resistance 1 or if bulls are strong price could even move up further but in the case we get a negative price action then bears could just take over the market

[Tyler7]

Very interesting situation formed on the daily chart for eur / gbp, a couple came to the long oblique line, while long-term trend - the south, and I think that in a short time from the line will resume falling.

[Jobs]

Well today another pair broke mini level and came to a very strong, in my opinion, the level of resistance of 0.9955, and I think this level will determine the further trend, where will the next couple ... so I think that this is a very important number for which you want to subsequent ....