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EUR/GBP prediction 1st of July

Weekly chart:
On the weekly chart i draw a simple fibonacci.
As you can see near the 61.8% we have structure is there that i expect the price to turn.
Daily chart:
On the daily chart i draw the possible scenario considering also support and resistence zones.
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EUR/GBP Prediction for the 1st of June

Weekly chart;
On the weekly chart we see a stron momentum for the price to go up, for this reason i expect a smal range market in the resistence zone we are in and then i expect the market to rally up.
Daily chart:
On the daily chart i draw the possible scenario and the possible target. But the price may be in the range zone for a bit longer.
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EUR/GBP up to 0.7550

General:
The pair is in a general downtrend. The last down move started in november 2014. Now, as you can see from the daily chart we have a dayli retracement.
Expected rate of the pair for 1st of May: 0.7550
Support: 0,7060
Resistence: 0.7760
On the weekly chart:
On the weekly chart i pointed out the two important support and resistence levels, which, i think are very important for the pair. For the strong support level , i used fibonaci retracements . I also think that the retracement will c…
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EUR/GBP forst down the up to 0.7431

General:
The pair is in a general stron downtrend, but it's very near an important support level which, i think, will cause a retracement.
Expected rate of the pair for 1st of April: 0.7431
Support: 0.72411
Resistence: 0.7431
On the weekly chart:
On the weekly chart i pointed out the main downtrend and the support level i was talking about,
On the daily chart:
On the daily chart i draw the possible scenario , and the possible retracement of the price
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Shuael 2015年03月30日

Update: The price almost hit my target but then it went down

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EUR/GBP down to 0.7127

General:
The pair is in a main downtrend from 2009, with the nearest weekly high at the beggining of 2013 , when the double top pattern formed.
Expected rate of the pair for 2nd of March: 0.7127
Support: 0.7127; 0.7300
Resistence: 0.7760
On the weekly chart:
On the weekly chart i pointed out the main downtrend. As you can see the price break the old support leve around 0.7760 which now became a resistence level. And also the next support level around 0.7300 which , i think, the price will pass…
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Shuael 2015年02月27日

Update: The price is moving down as expected it's very near my target

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Shuael 2015年03月01日

Update2: the price is moving very slowly down, but it's still away from my target ( around 135pips)

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EUR/GBP up to 0,8149

General:
The price has met an important support level , around 0,7760 . In this way it formed a double bottom on th weekly chart.
Expected rate of the pair for 1st of December : 0,8149
Support: 0,78900 ( which is also a psychological level)
Resistance: 0,80360 , 0,80820 , 0,8149
On the weekly chart:
On the weekly chart the price has formed a double bottom pattern. There is also a possible weekly triangle pattern, as shown on the chart.
On the daily chart:
On the daily chart there is a possi…
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Alexana5 avatar
Alexana5 2014年10月21日

Thank you!

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Shuael 2014年10月21日

hope it will go as i predicted :)

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Shuael 2014年11月19日

Update: The price is moving up as expected,, but it have  "problems" to pass the resistence level.

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