Critical levels for EURGBP

17 Kas 2016

EURGBP broke the Trendline from Brexit and is currently testing first support (38.2% Fib). Major support comes in from 0.84 to 0.83. A bounce from these levels could set up a continuation of the uptrend but keep in mind that these are critical levels and getting through them could set up a mid-term bear market

18 Kas 2016

Not

Managed to get through first support. A close below could see the move extending to critical support (Green Rectangle)

18 Kas 2016

Not

Could see a flush above above 0.8627. If we close above previous highs buyers in control and could move higher

18 Kas 2016

Not

No close above yesterdays high although we did go through the high on a stop run and sellers stepped in immediately.

21 Kas 2016

Not

Support held and now a close above previous highs should target 0.8710-0.8720 area where first resistance comes in

21 Kas 2016

Not

Another swing failure. We really should be heading towards 0.84-0.83 area now if we get a bearish close

22 Kas 2016

Not

First Fib is proving very resilient. This area needs to clear out if we are to see any direction

29 Kas 2016

Not

Closing in on last weeks low at 0.8460. Though here we should see it moving towards area of support (green rectangle)

1 Ara 2016

Not

Entering area of major support (clusters of highs and lows & 50% Fib since Brexit)

1 Ara 2016

İşlem aktif

Bounced off support on volume

6 Ara 2016

Not

Pair still in major support zone. If it gets through and closes the next area of support is 0.82 (61.8% Fib).