Thread: Eur/Gbp
If a M15 close above 0.8850 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 0.8754 sell only and do not buy. If price closes back above it again do nothing
The range 0.8850 and 0.8754 is neutral area, any trade done in between is personal decision and not part of this analysis
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Hamzagoroo (2019-03-24), Shair (2020-02-29)
Failure to stay below 0.8760 will warn of a larger corrective phase higher from the key low at 0.8643, with potential then for a return to 0.8886 before fresh weakness.
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.
Hamzagoroo (2019-03-24), Shair (2020-02-29)
On the downside, whilst pullback to the Tenkan-Sen (now at 0.8742) cannot be ruled out, reckon this weeks low at 0.8697 would hold and bring another rebound later.
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Hamzagoroo (2019-03-24), Shair (2020-02-29)
the pair and as we can see from the chart has closed it's daily candle under the level of 0.8800 , so , that's mean the down trend is still standing and the pair is heading to 0.8770 then 0.8750
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.
Hamzagoroo (2019-03-24), Shair (2020-02-29)
Double bottom base at .8654/44 (19/05 Aug) provides a strong platform for further gains. Above .8815/29 confirms bulls for initial .8886 test. Below .8697 stalls, but 200-Day MA continues to support.
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.
Hamzagoroo (2019-03-24), Shair (2020-02-29)
EUR/GBP is still bounded in choppy sideway trading in range of 0.8642/8886 and we continue to stay neutral. On the upside, above 0.8886 will re-affirm the case that fall from 0.9083
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Hamzagoroo (2019-03-24), Shair (2020-02-29)
the pair and as we can see from the chart has closed it's daily candle under the level of 0.8800 , so , that's mean the down trend is still standing and the pair is heading to 0.8730 then 0.8700
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.
Hamzagoroo (2019-03-24), Shair (2020-02-29)
Failure to stay below 0.8760 will warn of a larger corrective phase higher from the key low at 0.8643, with potential then for a return to 0.8886 before fresh weakness.
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.
Hamzagoroo (2019-03-24), Shair (2020-02-29)
the pair and as we can see from the chart is trading now above the level of 0.8700 , so when ever the pair success in breaking 0.8700 , that's mean the down trend will be assured and the pair might head to 0.8670 and then 0.8650
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.
Hamzagoroo (2019-03-24), Shair (2020-02-29)
It is more likely to go down to around 0.8700 or lower, and after that, it might have potentially to go up. So we prefer sell
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.
Shair (2020-02-29)
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