Today's idea

The primary trend of EUR/GBP is bearish on charts and price is sustaining below the trend line in its hourly chart. In hourly chart the price is sustaining below 50 day SMA and taking resistance of 200 day SMA indicating downtrend of the pair.
Resistance level of 0.7050 and Support level of 0.7000
If it breaks its support level on the downside and sustains below it then we can expect it to show further bearish movement in the pair.



INDICATORS:-
MACD is sustaining in its negative territory indicating the bearish trend in the pair.
RSI is sustaining in its selling zone indicating the upcoming bearish trend in the pair.

STRATEGY: One can go for sell on higher level strategy for this pair for intra day to mid term positions in it.

EUR/GBP ANALYSIS

The secondary trend of EUR/GBP is bullish on charts and price is trading with Penant formation in its hourly chart. In hourly chart the price is sustaining above 200 day SMA and taking support of 50 day SMA indicating uptrend of the pair.
Resistance level of 0.7350 and Support level of 0.7115
If it breaks its resistance level on the upside and sustains above it then we can expect it to show further bullish movement in the pair.



INDICATOR
RSI is sustaining in its buying zone indicating the upcoming bullish trend in the pair.

STRATEGY: One can go for buy on lower level strategy for this pair for intra day to mid term positions in it.

The secondary trend of EUR/GBP is bullish on charts and price is trading with Penant formation in its hourly chart. In hourly chart the price is sustaining above 200 day SMA and taking support of 50 day SMA indicating uptrend of the pair.
Resistance level of 0.7280 and Support level of 0.7160
If it breaks its resistance level on the upside and sustains above it then we can expect it to show further bullish movement in the pair.


INDICATORS:-
RSI is sustaining in its buying zone indicating the upcoming bullish trend in the pair.

STRATEGY: One can go for buy on lower level strategy for this pair for intra day to mid term positions in it.

EURGBP LEVELS

The primary trend of EUR/GBP is bullish on charts and price is trading above the trend line in its 4 hourly chart. In 4 hourly chart the price is sustaining above 200 day SMA and taking support of 50 day SMA indicating uptrend of the pair.
Resistance level of 0.7665 and Support level of 0.7525
If it breaks its resistance level on the upside and sustains above it then we can expect it to show further bullish movement in the pair.



INDICATORS:-
RSI is sustaining in its buying zone indicating the upcoming bullish trend in the pair.

STRATEGY: EUR/GBP is looking bullish on charts for next few trading session. One can go for buy on lower level strategy for this pair for intra day to mid term positions in it.

EURGBP

The secondary trend of EUR/GBP is bullish on charts and price is trading above the trend line in its daily chart. In daily chart the price is sustaining above 200 day SMA and taking support of 50 day SMA indicating uptrend of the pair.
Resistance level of 0.7900 and Support level of 0.7690
If it breaks its resistance level on the upside and sustains above it then we can expect it to show further bullish movement in the pair.



INDICATORS:-
RSI is sustaining in its buying zone indicating the upcoming bullish trend in the pair.

STRATEGY: EUR/GBP is looking bullish on charts for next few trading session. One can go for buy on lower level strategy for this pair for intra day to mid term positions in it.

EUR/GBP BEARISH

The secondary trend of EUR/GBP is bearish on charts and price is trading below the trend line in its hourly chart. In hourly chart the price is sustaining below 200 day SMA and taking resistance of 50 day SMA indicating downtrend of the pair.
Resistance level of 0.7750 and Support level of 0.7705
If it breaks its support level on the downside and sustains below it then we can expect it to show further bearish movement in the pair.



INDICATORS:-
RSI is sustaining in its selling zone indicating the upcoming bearish trend in the pair.

STRATEGY: EUR/GBP is looking bearish on charts for next few trading session. One can go for sell on higher level strategy for this pair for intra day to mid term positions in it.

CURRENT WEEK IDEA
The primary trend of EUR/GBP is bearish on charts and price is trading below the trend line in its daily chart. In daily chart the price is sustaining above 200 day SMA and is expected to break of 50 day SMA downside indicating downtrend of the pair.
Resistance level of 0.7930 and Support level of 0.7525
If it breaks its suppport level on the downside and sustains below it then we can expect it to show further bearish movement in the pair.



INDICATORS:-
RSI is sustaining in its selling zone indicating the upcoming bearish trend in the pair.

STRATEGY: EUR/GBP is looking bearish on charts for next few trading session. One can go for sell on higher level strategy for this pair for intra day to mid term positions in it.

EURGBP PAIR LEVELS

The primary trend of EUR/GBP is bearish on charts and price is trading below the trend line in its hourly chart. In hourly chart the price is sustaining below 200 day SMA and is taking resistance of 50 day SMA indicating downtrend of the pair.
Resistance level of 0.7750 and Support level of 0.7705
If it breaks its suppport level on the downside and sustains below it then we can expect it to show further bearish movement in the pair.



INDICATORS:-
RSI is sustaining in its selling zone indicating the upcoming bearish trend in the pair.

STRATEGY: EUR/GBP is looking bearish on charts for next few trading session. One can go for sell on higher level strategy for this pair for intra day to mid term positions in it.

EURGBP TODAY ANALYSIS

The primary trend of EUR/GBP is bearish on charts and price is trading below the trend line in its hourly chart. In hourly chart the price is sustaining below 200 day SMA and is taking resistance of 50 day SMA indicating downtrend of the pair.
Resistance level of 0.7792 and Support level of 0.7710
If it breaks its suppport level on the downside and sustains below it then we can expect it to show further bearish movement in the pair.



INDICATORS:-
RSI is sustaining in its selling zone indicating the upcoming bearish trend in the pair.

STRATEGY: EUR/GBP is looking bearish on charts for next few trading session. One can go for sell on higher level strategy for this pair for intra day to mid term positions in it.

EURGBP 4 HOUR CHART

The secondary trend of EUR/GBP is bullish on charts and price is trading below the trend line in its daily chart. In daily chart the price is sustaining above 200 day SMA and is taking support of 50 day SMA indicating uptrend of the pair.
Resistance level of 0.7850 and Support level of 0.7650.
If it breaks its resistance level on the upside and sustains above it then we can expect it to show further bullish movement in the pair.



INDICATORS:-
RSI is sustaining in its buying zone indicating the upcoming bullish trend in the pair.

STRATEGY: EUR/GBP is looking bullish on charts for next few trading session. One can go for buy on lower level strategy for this pair for intra day to mid term positions in it.

EUR/GBP THIS WEEK

The secondary trend of EUR/GBP is bullish on charts and price is trading above the trend line in its daily chart. In daily chart the price is sustaining above 200 day SMA and is taking support of 50 day SMA indicating uptrend of the pair.
Resistance level of 0.7960 and Support level of 0.7840
If it breaks its resistance level on the upside and sustains above it then we can expect it to show further bullish movement in the pair.



INDICATORS:-
RSI is sustaining in its buying zone indicating the upcoming bullish trend in the pair.

STRATEGY: EUR/GBP is looking bullish on charts for next few trading session. One can go for buy on lower level strategy for this pair for intra day to mid term positions in it.

EUR/GBP ANALYSIS

The secondary trend of EUR/GBP is bullish on charts and price is trading above the trend line in its hourly chart. In hourly chart the price is sustaining above 200 day SMA and is taking support of 50 day SMA indicating uptrend of the pair.
Resistance level of 0.7950 and Support level of 0.7905
If it breaks its resistance level on the upside and sustains above it then we can expect it to show further bullish movement in the pair.



INDICATORS:-RSI is sustaining in its buying zone indicating the upcoming bullish trend in the pair.

STRATEGY: EUR/GBP is looking bullish on charts for next few trading session. One can go for buy on lower level strategy for this pair for intra day to mid term positions in it.

EURGBP BEARISH

The secondary trend of EUR/GBP is bearish on charts and price is trading below the trend line in its daily chart. In daily chart the price is sustaining above 200 day SMA and taking resistance of 50 day SMA downside indicating downtrend of the pair.
Resistance level of 0.7890 and Support level of 0.7725
If it breaks its support level on the downside and sustains below it then we can expect it to show further bearish movement in the pair.



INDICATORS:-
RSI is sustaining in its selling zone indicating the upcoming bearish trend in the pair.

STRATEGY: EUR/GBP is looking bearish on charts for next few trading session. One can go for sell on higher level strategy for this pair for intra day to mid term positions in it.

EURGBP BULLISH

The primary trend of EUR/GBP is bullish on charts and price is trading above the trend line in its hourly chart. In hourly chart the price is sustaining above 200 day SMA and taking support of 50 day SMA on the upside indicating uptrend of the pair.
Resistance level of 0.7920 and Support level of 0.7820
If it breaks its resistance level on the upside and sustains above it then we can expect it to show further bullish movement in the pair.



INDICATORS:-
MACD is sustaining in its positive territory indicating the bullish trend in the pair.
RSI is sustaining in its buying zone indicating the upcoming bullish trend in the pair.

STRATEGY: EUR/GBP is looking bullish on charts for next few trading session. One can go for buy on lower level strategy for this pair for intra day to mid term positions in it.

EURGBP BEARISH

The EUR/GBP pair bounced slightly during the course of the day on Wednesday, using the 0.7870 level as support. At this point in time, the market is looking bearish. The primary trend of EUR/GBP is bearish on charts and price is trading below its support trend line in its 1 hourly chart. In its 1 hourly chart the price is sustaining below 200 day SMA that are appears on the above image indicating downtrend of the pair.
Resistance level of 0.8000 and Support level of 0.7870
If it breaks its support level on the downside and sustains below it then we can expect it to show further bearish movement in the pair.



INDICATORS:-
MACD is sustaining in its negative territory indicating the bearish trend in the pair.
RSI is sustaining in its selling zone indicating the upcoming negative trend in the pair.

STRATEGY: EUR/GBP is looking bearish on charts for next few trading session. One can go for sell on higher level strategy for this pair for intra day to mid term positions in it.

EUR/GBP BEARISH

The EURGBP pair bounced slightly during the course of the day on Tuesday, using the 0.8389 level as support. At this point in time, the market is looking bearish. The primary trend of EURGBP is bearish on charts and price is trading below its support trend line in its hourly chart. In its daily chart the price is sustaining below 200 day SMA that are appears on the above image indicating downtrend of the pair.
Resistance level 0.8411 Support level 0.8389
If it breaks its support level on the downside and sustains below it then we can expect it to show further bearish movement in the pair.



INDICATORS:-
MACD is sustaining in its negative territory indicating the bearish trend in the pair.
RSI is sustaining in its selling zone indicating the upcoming negative trend in the pair.

STRATEGY: EURGBP is looking bearish on charts for next few trading session. One can go for sell on higher level strategy for this pair for intra day to mid term positions in it.

[B]EUR/GBP

[/B]The EURGBP pair bounced slightly during the course of the day on Thursday, using the 0.8309 level as support. At this point in time, the market is looking bearish. The primary trend of EURGBP is bearish on charts and price is trading below its support trend line in its hourly chart. In its daily chart the price is sustaining below 100 day SMA that are appears on the above image indicating downtrend of the pair.
Resistance level 0.8351 Support level 0.8309
If it breaks its support level on the downside and sustains below it then we can expect it to show further bearish movement in the pair.



INDICATORS:-
MACD is sustaining in its negative territory indicating the bearish trend in the pair.
RSI is sustaining in its selling zone indicating the upcoming negative trend in the pair.

STRATEGY: EURGBP is looking bearish on charts for next few trading session. One can go for sell on higher level strategy for this pair for intra day to mid term positions in it.

EUR/GBP BEARISH

The EURGBP pair bounced slightly during the course of the day on Friday, using the 0.8319 level as support. At this point in time, the market is looking bearish. The primary trend of EURGBP is bearish on charts and price is trading below its support trend line in its hourly chart. In its daily chart the price is sustaining below 100 day SMA that are appears on the above image indicating downtrend of the pair.
Resistance level 0.8404 Support level 0.8319
If it breaks its support level on the downside and sustains below it then we can expect it to show further bearish movement in the pair.



INDICATORS:-
MACD is sustaining in its negative territory indicating the bearish trend in the pair.
RSI is sustaining in its selling zone indicating the upcoming negative trend in the pair.

STRATEGY: EURGBP is looking bearish on charts for next few trading session. One can go for sell on higher level strategy for this pair for intra day to mid term positions in it.

EURGBP

The EURGBP pair bounced slightly during the course of the day on Friday, using the 0.8416 level as support. At this point in time, the market is looking bearish. The primary trend of EURGBP is bearish on charts and price is trading below its support trend line in its hourly chart. In its daily chart the price is sustaining below 50 day SMA that are appears on the above image indicating downtrend of the pair.
Resistance level 0.8458 Support level 0.8416
If it breaks its support level on the downside and sustains below it then we can expect it to show further bearish movement in the pair.



INDICATORS:-
MACD is sustaining in its negative territory indicating the bearish trend in the pair.
RSI is sustaining in its selling zone indicating the upcoming negative trend in the pair.

STRATEGY: EURGBP is looking bearish on charts for next few trading session. One can go for sell on higher level strategy for this pair for intra day to mid term positions in it.

EURGBP BULLISH
The EURGBP pair bounced slightly during the course of the day on Friday, using the 0.8459 level as support. At this point in time, the market is looking bullish. The primary trend of EURGBP is bullish on charts and price is trading below its Resistance trend line in its 1 hourly chart. In its daily chart the price is sustaining above 50 day SMA that are appears on the above image indicating uptrend of the pair.
Resistance level 0.8505 Support level 0.8459
If it breaks its resistance level on the upside and sustains above it then we can expect it to show further bullish movement in the pair.



INDICATORS:-
MACD is sustaining in its positive territory indicating the bullish trend in the pair.
RSI is sustaining in its buying zone indicating the upcoming positive trend in the pair.

STRATEGY: EURGBP is looking bullish on charts for next few trading session. One can go for buy on lower level strategy for this pair for intra day to mid term positions in it.