EUR/GBP : The market is able to pick up support at 0.8222 and it is going to retrace all the way back to the barrier at 0.8308 // 0.8328.
Qindex.com
http://www.youtube.com/watch?v=dZEGYpXE5B4
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Melbourne Qindex 23:42 GMT January 2, 2012 - My Profile
EUR/GBP : Critical Point 0.8190 : Reply
EURGBP
Entry: Target: Stop:
EUR/GBP : Critical Point 0.8190
The bias is on the downside when the market is below the barrier at 0.8366 // 0.8388. The weekly cycle pivot centres are located at 0.8269 - 0.8311 - 0.8332. Speculative selling pressure will increase when the market is trading under 0.8245.
The market is heading towards the barrier at 0.8240 // 0.8248. Speculative selling pressure will increase again when it is below the weekly cycle pivot centre at 0.8269.
Qindex.com
http://www.youtube.com/watch?v=dZEGYpXE5B4
==============================================
Melbourne Qindex 23:42 GMT January 2, 2012
EUR/GBP : Critical Point 0.8190 : Reply
EURGBP
Entry: Target: Stop:
EUR/GBP : Critical Point 0.8190
The bias is on the downside when the market is below the barrier at 0.8366 // 0.8388. The weekly cycle pivot centres are located at 0.8269 - 0.8311 - 0.8332. Speculative selling pressure will increase when the market is trading under 0.8245.
EURGBP Entry: Target: Stop:
EUR/GBP : Critical Point 0.8190
The bias is on the downside when the market is below the barrier at 0.8366 // 0.8388. The weekly cycle pivot centres are located at 0.8269 - 0.8311 - 0.8332. Speculative selling pressure will increase when the market is trading under 0.8245.
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