Critical levels for EURGBP

١٧ نوفمبر ٢٠١٦

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

١٨ نوفمبر ٢٠١٦

ملاحظة

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

١٨ نوفمبر ٢٠١٦

ملاحظة

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

١٨ نوفمبر ٢٠١٦

ملاحظة

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

٢١ نوفمبر ٢٠١٦

ملاحظة

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

٢١ نوفمبر ٢٠١٦

ملاحظة

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

٢٢ نوفمبر ٢٠١٦

ملاحظة

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

٢٩ نوفمبر ٢٠١٦

ملاحظة

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

١ ديسمبر ٢٠١٦

ملاحظة

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

١ ديسمبر ٢٠١٦

تم فتح الصفقة

Bounced off support on volume

٦ ديسمبر ٢٠١٦

ملاحظة

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