EUR/GBP - What a great pair to trade!

Happy Christmas for Everyone who's celebrate...

Specially for smikester & Members who's given Contribution in these Thread's

http://www.hdwallpapersarena.com/wp-...es-218077.jpeg

Thank you Tsar -very kind thoughts.

Its at a very interesting area..

I know some have said the long time frames are going up, but for short term traders, really need to watch the correlation with EUR-USD and GBP-USD - that will tel you when to trade this cross pair, see the chart

Happy everything to everybody, have a great 2013

correlation is all messed up these days ever since the american having this fiscal cliff thing going on.

Looking at the daily chart here, it might be a good opportunity to get in Long if we see some reverse signal soon.

Be careful, you may be buying into supply. Resistance turned support was just broken and it's quite possible it now serves as resistance again.

Yah i'd rather follow a trend that is clear ~~~

It's your money. For now, anyway.

I'm still flat this pair and like most other pairs it is not behaving well. Even though we have cut deep into the support levels I'm still looking for an upward break even though I'm disappointed that there was no reversal at .8140 - the weekly level which would have ratified a text book head and shoulders reversal off .8000.

Today's close will interest me because we have rejected the 61.8% retracement of the last swing high, and a divergent candle will see me setting longs.

For an alternative view which adds more confluences to the above see here: http://www.forexlive.com/blog/2013/0...t-also-tested/

Looks like it's been trying pretty hard to get back into the channel here....

definitely this is a great pair to trade.
i recently started playing with it and it pays good

- Now the picture is more clear.

- GL.

Still in the indeciZONE, but looking bullish for me

I'm looking for a break of 0.8164-0.8168

Oct and Dec highs, zones to watch

Last week's retest of the .8100 - .8140 resistance (support in August 2010) now turned support completes the classic weekly reversal for this pair. Looking for a daily close above pabloski's zones above. I am now punting for the technical target implied of .8500+. You don't need me to post a chart. Good luck bulls. I'm buying dips from here.

I just thought I would post this chart out of interest:



This 15 minute chart shows rejection of the .8155 level (the yellow line) for the second time in 24 hours. This is an important level. The price has been consolidating under this line.

Dammit! Forex Factory? What have you done to the preview button? Now I have to go back to my saved chart to check some details.

Hello everyone, Hope you got some pips from the recent bull attack. I call it a week with nearly 200+ pips on both trades. Lets see how this pair gonna do in the coming week.

Small short on weekend at 82.80 . See where it goes