Eur/Gbp

[sunil]

EUR/GBP reached the resistance. No break occurred, just a perfect touch and a very small pull-back. This doesn't mean anything strong in particular. The idea to go long on EUR/GBP above 0.8884 remains, as we now have 3 perfect touched of this resistance.

[chirayu]

the chart is showing that the pair has closed it's daily candle under the level of 0.8850 , and that's mean that the down trend is still standing and the pair might reach 0.8830 and then 0.8800

[sanjeev]

We continue to view 0.8643 as a key level, under which is likely to trigger a return to weakness, with scope then for 0.8068 over time.

[ganguly]

the pair is trading now above the level of 0.8850 and that's mean the uptrend is still standing and the pair might continue in it's upmovements heading to 0.8880 and then 0.8900

[sanjeev]

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

[ganguly]

in the next hours I expect uptrend movement toward the resistance near 0.8930. All the three MA's cross bullish, RSI is in the oberbought zone, but still does not send signal for short, MACD is at a positive territory-the indicators send signals for long.

[jai]

we can notice from the chart that the pair has closed it's daily candle under 0.8850 , that's mean the down trend is expected and the pair might head to 0.8830 then 0.8800 , however the pair made a hourly correction

[sanjeev]

EURGBP after was bearish yesterday bull still maintains bullish outlook towards 0.8900. Note however that there is weekly resistance at 0.8888, so we will need a break of that high first to set a strong sail.

[ganguly]

so far the up trend in control for this pair as shown in 4hr chart also if the pair close the present candle up the trend with a hammer then might see further rise to test the resistant at 0.8825

[jai]

we shouldn�t expect a long term reversal without noticeable confirmations all the way up. Breaching 0.8885 over daily basis shall signal more bullishness while trading back below 0.8700 may resume bearishness.