{"id":1548,"date":"2020-01-28T22:49:37","date_gmt":"2020-01-28T22:49:37","guid":{"rendered":"http:\/\/www.trendsandtargets.com\/?p=1548"},"modified":"2020-01-29T08:30:07","modified_gmt":"2020-01-29T08:30:07","slug":"gbpeur-on-29-01-2020","status":"publish","type":"post","link":"http:\/\/www.trendsandtargets.com\/index.php\/2020\/01\/28\/gbpeur-on-29-01-2020\/","title":{"rendered":"GBPEUR on 29\/01\/2020"},"content":{"rendered":"\n<p><strong>#FTSE #Japan <\/strong>As England lurches toward Brexit, a nation captivated by the idea opening graphics from &#8220;Dads Army&#8221; were actually instructions for the future, we remain utterly fascinated at the possible behavior of many markets post-Brexit. #GBPEUR, trading at 1.1811, is a case in point, now starting to look potentially strong!<\/p>\n\n\n\n<p>On December 12th, the pairing closed the session at \n1.2046, marginally above a Glass Ceiling trigger level of 1.2039. In normal \ncircumstances, we&#8217;d now be fairly relaxed, especially as it next requires \nmovement above 1.2025 to trigger near term growth to 1.2169. This is pretty \nsignificant.<\/p>\n\n\n\n<p>By attaining such a target, the pairing will be seen as \ncomprehensively breaking the Glass Ceiling, entering a region where future \nmovement to 1.263 is expected, perhaps even a long term 1.327.<\/p>\n\n\n\n<p>Unfortunately, this is Foreign Exchange, a market with \nan exquisite sense of humour. <\/p>\n\n\n\n<p>It will be perfectly possible for Forex to open for \ntrading on Monday 3rd February and decide;&#8217;hey, that&#8217;s a surprise. The UK has \nleft Europe!&#8217; and promptly gap the pairing down at the start of trade. <\/p>\n\n\n\n<p>Any movement below 1.164 is liable to prove especially \nnasty, taking the relationship into a region with an initial 1.125 expected. If \nbroken, it could hopefully bottom at 1.103. The big problem in such a scenario \nis &#8220;bottom&#8221; eventually could calculate at 1.01 &#8211; or worse. However, we would \nexpect a real rebound if 1.01 made its presence felt.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"http:\/\/www.trendsandtargets.com\/img\/gbpeur270120.jpg\" alt=\"Hey, chart goes here\"\/><\/figure>\n\n\n\n<\/p>\n\n<TABLE BORDER=2>\n<TR> <td>\n\t<p align=\"center\"><font size=\"2\">Time Issued<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">Market<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">Price At Issue<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">Short Entry<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">Fast Exit<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">Slow Exit<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">Stop<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">Long Entry<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">Fast Exit<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">Slow Exit<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">Stop<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">Prior<\/font><\/td> <\/TR>\n<A name=\"FUTURES573\"><font size=\"2\">FUTURES<\/font><\/a><TR> <td>\n\t<p align=\"center\"><font size=\"2\">10:06:31PM<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">BRENT<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">59.32<\/font><\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/td> <td>\n\t<p align=\"center\"><\/td> <\/TR>\n<TR> <td>\n\t<p align=\"center\"><font size=\"2\">10:09:22PM<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">GOLD<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">1568.04<\/font><\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/td> <td>\n\t<p align=\"center\"><font size=\"2\">Success<\/font><\/td> <\/TR>\n<TR> <td>\n\t<p align=\"center\"><font size=\"2\">10:13:32PM<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">FTSE<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">7491.87<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">7441<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">7434.5<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">7400<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">7484<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">7516<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">7543.5<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">7595<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">7438<\/font><\/td> <td>\n\t<p align=\"center\"><\/td> <\/TR>\n<TR> <td>\n\t<p align=\"center\"><font size=\"2\">10:16:10PM<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">FRANCE<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">5914.2<\/font><\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/td> <td>\n\t<p align=\"center\"><font size=\"2\">Success<\/font><\/td> <\/TR>\n<TR> <td>\n\t<p align=\"center\"><font size=\"2\">10:23:44PM<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">GERMANY<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">13343<\/font><\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/td> <td>\n\t<p align=\"center\"><font size=\"2\">&#8216;cess<\/font><\/td> <\/TR>\n<TR> <td>\n\t<p align=\"center\"><font size=\"2\">10:26:07PM<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">US500<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">3285.72<\/font><\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/td> <td>\n\t<p align=\"center\"><font size=\"2\">Success<\/font><\/td> <\/TR>\n<TR> <td>\n\t<p align=\"center\"><font size=\"2\">10:28:17PM<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">DOW<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">28823<\/font><\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/td> <td>\n\t<p align=\"center\"><font size=\"2\">&#8216;cess<\/font><\/td> <\/TR>\n<TR> <td>\n\t<p align=\"center\"><font size=\"2\">10:30:39PM<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">NASDAQ<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">9121.49<\/font><\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/td> <td>\n\t<p align=\"center\"><font size=\"2\">Success<\/font><\/td> <\/TR>\n<TR> <td>\n\t<p align=\"center\"><font size=\"2\">10:33:33PM<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">JAPAN<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">23369<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">23012<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">22997.5<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">22863<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">23107<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">23396<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">23426.75<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">23486<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">23238<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">Shambles<\/font><\/td> <\/TR>\n\n<\/TABLE>\n\n<H5>28\/01\/2020 FTSE Closed at 7480 points. Change of 0.92%. Total value traded through LSE was: \u00a3       5,106,872,635 a change of -10.29%<\/h><\/p>\n<H5>27\/01\/2020 FTSE Closed at 7412 points. Change of -2.28%. Total value traded through LSE was: \u00a3       5,692,912,952 a change of 6.13%<\/h><\/p>\n<H5>24\/01\/2020 FTSE Closed at 7585 points. Change of 1.04%. Total value traded through LSE was: \u00a3       5,364,214,029 a change of -0.13%<\/h><\/p>\n<H5>23\/01\/2020 FTSE Closed at 7507 points. Change of -0.85%. Total value traded through LSE was: \u00a3       5,371,375,210 a change of -4.17%<\/h><\/p>\n<H5>22\/01\/2020 FTSE Closed at 7571 points. Change of -0.51%. Total value traded through LSE was: \u00a3       5,604,978,241 a change of 11.63%<\/h><\/p>\n<H5>21\/01\/2020 FTSE Closed at 7610 points. Change of -0.54%. Total value traded through LSE was: \u00a3       5,020,947,785 a change of 18.76%<\/h><\/p>\n<H5>20\/01\/2020 FTSE Closed at 7651 points. Change of -0.3%. Total value traded through LSE was: \u00a3       4,227,858,188 a change of -33.49%<\/h><\/p>\n<a target=\"_blank\" href=\"http:\/\/www.trendsandtargets.com\/offer_subscribe.html\" rel=\"noopener noreferrer\">\n<IMG border=\"1\" src=\"http:\/\/www.trendsandtargets.com\/images\/specialoffer.gif\">\n","protected":false},"excerpt":{"rendered":"<p>#FTSE #Japan As England lurches toward Brexit, a nation captivated by the idea opening graphics from &#8220;Dads Army&#8221; were actually instructions for the future, we remain utterly fascinated at the possible behavior of many markets post-Brexit. #GBPEUR, trading at 1.1811, is a case in point, now starting to look potentially strong! On December 12th, the &hellip; <\/p>\n<p class=\"link-more\"><a href=\"http:\/\/www.trendsandtargets.com\/index.php\/2020\/01\/28\/gbpeur-on-29-01-2020\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;GBPEUR on 29\/01\/2020&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1548","post","type-post","status-publish","format-standard","hentry","category-trendsandtargets"],"_links":{"self":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/1548","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/comments?post=1548"}],"version-history":[{"count":1,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/1548\/revisions"}],"predecessor-version":[{"id":1549,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/1548\/revisions\/1549"}],"wp:attachment":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/media?parent=1548"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/categories?post=1548"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/tags?post=1548"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}