![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjnSiVBtzoTk1IrCc8uU4dJz334m_QjPBroRvHoKE2xzH0yMwT0cDGG8gPMEVLlJmrD_2z05gZuUsTCWa8NMJ31U7eePTCevrm3nAXcQMF1tUx5Pyt3kMn1NcPZu_-Mw-Js0a90C2Jg9eIU/s400/1.jpg)
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiY3gItmPc9Ep2Y_HIt3ZwANIFhBMpHZnkd6abceSGXIZhlsqaRiQWLSUQfcNbu4YY8FRlfbkzDJiKar89BaUA7IGPuS5KIUSc8LbbSdB8joYQfi7hBRAxvGMY3wekc4gM4D4t0QEg62UqJ/s400/2.jpg)
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjo4XsufL8CeT0v66hqFh_d41cd0Qt4ZFTDRGkC95ezCVzbXOHjQN0NvfUCdbq3vItOqr5aySyo4EsOKNASgRCLcXL8faT0vRxy49LnZFbjkE8EbTPZMqwyE4y76WgEC3XwhaV-IL9GaytS/s400/3.jpg)
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiD5HjgnZktX_mQw217v9M-b5rHV6JT2_PT1UR07RHyg6TgbrJX7XgLszn-X3hKOCuZceLCbnEJlevVpd1ZsGJHPqsG4wy-JhqMebXZGSA2O7qMvevPvOeCp4EIlBtnY9A-CjxhVhJMP6s9/s400/4.jpg)
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgzSwSzCBl4eqlhahxVSNvd5jP9NrrGQutyTAOk1bLGRtH_1ZKPbxkXoDLw3giGRVMgNGDu-99EgHHVsZ4DJUBZVxKGG0PRNDLETzW1_78dev0rtxUUcjLLl8Bf0FaMH4hxUfpgdfG849aH/s400/5.jpg)
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEguRJDYGCUeJOVwBZoNKgKfIkOjJCAcAHAlTb6mhyOQJ6e5U12ILwoHwVz4GE15ljyM0HmNmcUEk3p6hPXyJaFMS5Fh_7k4Dj542Dn3oFeHft63bTRtkRlXorMhBXmIAChy_yK1lTKA-Zsm/s400/6.jpg)
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj4Pa1x6KRleMRIxa29OihFFyiP51Owc0MwgaoqRaCq9RqpmEbwBwtnXnhdR54MCSMWnDu3SiiY2_YgTkyQw7RauUNvivbPb6FWhdl7Q2kAV3ioqHeGJ-MzvzPuCPD86y65onmxDa6XNiy7/s400/7.jpg)
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjMXevoBpxan5c9Eo4C47RE4ZPc9Eh67hcP3XFNaQBop029OY6MRyYLHlL0-medv-3gHE4Av-5rWSC8WFndQiMH0XkwN1LAu9-sHypC8RrK0otWn5RiAYok1KKCh5x3IomwCyfu3ZPdvhGY/s400/8.jpg)
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiECk2spYErnlkWQRr6VIQ0p-oqTTrhoNqiItzV8ymQULgBTt-KPuB3Xwbf1ns4SKHwq8hgoRXa-NPSrJLb3GqEAz7UL6ACz3RFScQ9LPfskoB1uVBk52KmIDh9S9YKUmtKyCXI2vRfKlVd/s400/9.jpg)
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhAMsxNJQku9DQN2t1lU3A7WnBYIbdK6JFGOsurHnxf5iSBVkjDQBE5jTFm-7uuJ8Ca0bf9vLbP22W3YOJlYO0BYzZRgIhpXj2z_GGCMowWPeRAHuR6Vev47qu8BR4YoeKoMUVGF9kpMLf-/s400/10.jpg)
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi2jw6PVOcPlrlDvlfrTn9Mv_6xc5YfqkSl9kOIfTftfU-p2hczbO_WWnLOhtJ3VAdSPkblTYNQp-LTL11OlnhIUrwiMtjumczMXX1djIVWbjpa6GEdfBS34Q1vhvaGSEEAPOfsOxTsG-b4/s400/11.jpg)
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjOnSEI3Rnq-EPZj0Ct6dnDtuuJtA3FdHQh9hqMyrdpJ-CfVDv6CEVo2j4lEey-VJXtfPKqPmgPOFlTcYK7mnxr1sSx-73mgEeQqmuc0LrhzFb26hycyxGH9CU0kys-FECnG8Hl3yOfJ47a/s400/12.jpg)
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjOuEWonbQSqUzZjqix0eF5oVCpezD6orRmmyvSRa38hGQ_I8guvYrLpzSdeIKMKLoUEEdmkCZ7F-XJ7vveuhGfMdw3YoFuO5PmfiDMUr2ej-RFGIcZQXU6V6x58TRDohTODbBqt1Y-ACEO/s400/13.jpg)
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhiHo1U_Gr-cCj91C8Y3g-gxk0EGgYACcUTD8czvcztntV_gOM_riDvam2L83fIx5FHyZH02BvR0ubDySarh6VF3WkDb67ORLBUZWWkwLsnQalg8s5mlcDTIQMu3NlQYo0OtA7GJbrWp8Cs/s400/14.jpg)
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEguw3XPbTKLaraNNcinXBBMitzfNTSS2ADtzovnxAs_rFmGJ3AWaRofpyF3eaGhCoE5JrJCDfCHLskEwr7pEkSNSODDhwO5PO-nl_G6T_Sq8hiMfkbR9tkbIr8wv4bJrgH0lVTP0Teir_T7/s400/15.jpg)
Forex view :-
* Day: The daily chart shows the EUR/GBP going up against a declining trendline.
* The market is reacting by pausing the rally at 50% retracement, 0.8350 level.
* Note the RSI is remaining under 60 for now and is turning lower.
* The 0.8400 area is 61.8% retracement, and is the resistance zone for this pair. Will the market extend a little further ? Or will there be topping action here at 0.8350?
* In any case, the bearish scenario is invalid if the market breaks above the 78.6% retracement area and previous support at the 0.8450/60 area.
* If the bearish scenario follows through, we have 2 suggested swing projections that target the zone between 0.7850 and 0.7950.
good
ReplyDelete