Friday, 7 February 2020

EURGBP Analysis Feb 2020

19-Feb-2020

Buyers Max SL 0.8275


09-Feb-2020

CMP: 0.8496; Res: 0.8538; Sup: 0.8434/0.8387

Primary View:
As long as 0.8595/0.9020 holds resistance, still more down side left.
Downside targets are: 0.8233-0.8167, 0.7975-0.7877.
Sellers SL 0.8595 max.


Alternate View:
If the above supports hold, we can see 0.8538 again and further 0.8582-0.8585, 0.8702-0.8776, 0.8897-0.8943.
Break of 0.8397, we can see more fall.
Buyers SL 0.8387 max.



07-Feb-2020

CMP; 0.8486; Sup: 0.8434/0.8389
As long as the above supports hold, we can see 0.8582-0.8628, 0.8702-0.8777, 0.8897-0.8943...

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