Thread: Eur/Gbp
If a M15 close above 0.8680 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 0.8410 sell only and do not buy. If price closes back above it again do nothing
The range 0.8680 and 0.8410 is neutral area, any trade done in between is personal decision and not part of this analysis
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Currently uptrend should end around 0.8406 - 0.8415 area. A correction down to below 0.8382 is expected. A rise above 0.8431 will abort the expected correction. Since e/u it bounce from the level 1.2981 , we are more likely to go long with eur/gbp ..
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aj eur/gpb ka down trend hai or ya down jay ga lakin market wohat crazy hai so trade on yout own risk .eur/gbp ak bohat nice pair of curreny hai.
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I believe EURGBP is already in uptrend. As we can see the Weekly chart there is falling wedge pattern- last candle finished retesting so I think we might expect upward movement next week. As we can see the target line is at 0.9860 - Target should be achieved in couple months
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According to my personal experience and market signals of the pair EUR/GBP is on Selling position. the current price of this pair is 0.83984
So, the EUR/GBP might be touches the 0.83811 .
Best of Luck ...
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EURGBP 15 m chart
Pennant pattern at 15 minutes chart as we can see below. Downward movement expected till target line at 0.8362
Good luck everybody
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If a M15 close above 0.8680 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 0.8400 sell only and do not buy. If price closes back above it again do nothing
The range 0.8680 and 0.8400 is neutral area, any trade done in between is personal decision and not part of this analysis
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.
Due to the momentum of buying , the pair is trading above the level of 0.8450 and that's maybe be lead the movements to up trend to reach the level of 0.8495 , and because of this , a buying position is suggested with a safety stop loss level and targets equal 30 pips
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.
If a M15 close above 0.8680 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 0.8410 sell only and do not buy. If price closes back above it again do nothing
The range 0.8680 and 0.8410 is neutral area, any trade done in between is personal decision and not part of this analysis
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.
the trading day has ended with the pair over the level 0.8450 and that's will make the movement continue in up trend to reach 0.8480 , and then the buying is suggested with a suitable stop loss level and targets not less 30 pips .
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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