How to profit from FX Markets by 
My expectations on eur/gbp have been accomplished and now a bounce from here (0,9080-0,9100) is probable.
Bullish trendline and support overlap with 200SMA and RSI under oversold conditions on 1 hour chart.
Cable traders are expected to book some profits after this mornings rally, consequently making eur/gbp regain some lost territory.
The key levels to watch here are 0,9150 (23,60% Fib and 100SMA) and 0,9180 (38,20% Fib and short term bear trendline). If those resistances hold we can expect further eur/gbp weakness otherwise assume a trend continuation.
EUR/GBP 1 hour chart
César B.Leiceaga
Hopefully you will have made a lot of money doing your trader on EURGBP?
So what do you think EURGBP does today??
Dear A trader,
EUR/GBP Played out to be an excellent trade. For today I’m watching some relative euro weakness against gbp. If it continues during today’s session e/g is going lower. 0,9080 - 0,9100 area will be critical, so keep an eye on it. A brake below that support could lead the way to 0,90.
Regards.