Dear Traders, EURGBP has in bearish trend for a such a long time now, price have not shown any bullish momentum or behaviour, however, this might change price is dropping around to our discounted price zone. Where we expect a large amount of buying volume kicking in. historically, price of eurgbp tend to move slowly compared to other major pairs. So it will take...
Eurgbp is bullish overall so we have to enter the trade for the continuation. Market has sweeped the liquidity and given a valid CHoCH so this is my Setup to go LONG on EURGBP.
There is Bearish Trend and Trend is Making lower low and lower high continuation take the Trend after Rejection from 20EMA and put the Sell Limit on Fib 0.6 Level Stoploss Should be your Last Lower high point Stoploss :0.85675 TP1 :0.85543 TP2:0.85413 TP3:0.85308
It is valid before reaching the target. For being more persice entry, you should go to m1 timeframe.
Hey Traders, in today's trading session we are monitoring EURGBP for a buying opportunity around 0.85500 zone, EURGBP is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.85500 support and resistance area. Trade safe, Joe.
Market Analysis: EUR/GBP Struggles EUR/GBP declined steadily below the 0.8565 and 0.8550 support levels. Important Takeaways for EUR/GBP Analysis Today EUR/GBP is trading in a bearish zone below the 0.8565 pivot level. There is a connecting bearish trend line forming with resistance near 0.8540 on the hourly chart at FXOpen. EUR/GBP Technical...
✅EUR_GBP went down to retest a horizontal support of 0.8530 Which makes me locally bullish biased And I think that a move up From the level is to be expected Towards the target above at 0.8547 LONG🚀 ✅Like and subscribe to never miss a new idea!✅
EURGBP has formed a falling wedge reversal pattern signalling a bullish trend reversal. The bullish harmonics pattern also indicates price reversal soon.
It is expected that the price will fluctuate in the current support range and then we will see the start of an uptrend. By crossing the 61.8% level, it will be possible to continue the downward trend to the indicated support levels.
EURGBP is trading in a range zone for quite a long period know currently trading near the support area buying is a good option with strict stop loss .
EUR/GBP is falling towards the pivot and could bounce to the 1st resistance. Pivot: 0.8499 1st Support: 0.8474 1st Resistance: 0.8531 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that...
The eurgbp pair is getting close to an extremely solid parallel support zone, where there is a good likelihood that it will move in a bullish direction similar to the last one. The price has confirmed my prediction over the past three to four times, and it is now heading toward the same area where there is a greater likelihood of a bullish move. Near the zone,...
Price is falling towards the pivot which has been identified as a pullback support and could bounce to the 1st resistance. Pivot: 0.8547 1st Support: 0.8530 1st Resistance: 0.8581 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be...
The EURGBP pair easily hit our 0.5 Fibonacci Target following the symmetrical Double Bottom rebound, as mentioned on our last call (March 20, see chart below): We now switch to the lower 4H time-frame as a strong sell signal emerged. The 4H RSI got rejected inside its 1-month Sell Zone and the pair that is trading within a Bullish Megaphone already reached...
long-term swing trade call daily timeframe EURGBP is in bullish channel testing the lower bottom near month low bullish diversion fundamental analysis Buy sentimental analysis Buy technical analysis BUY TRADE DETAILS BUY CALL ENTRY 0.8547 STOPLOSS 0.8527 TP1 0.8576 TP2 0.8600
OANDA:EURGBP The pair has made a substantial retracement and formed a bearish divergence, which brings an opportunity to sell the pair targeting the major support line.
EUR/GBP is currently exhibiting a bullish technical setup based on a harmonic pattern and RSI divergence, suggesting a potential upside move. Harmonic Pattern Setup: A bullish butterfly pattern is forming on the EUR/GBP chart. Point D of the pattern, also known as the Potential Reversal Zone (PRZ), is nearing a key support area. This confluence strengthens the...
EUR/GBP is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 0.8533 which is a pullback support that aligns close to the 78.6% Fibonacci projection level. Stop loss is at 0.8510 which is a level that lies underneath a pullback support. Take profit is at 0.8577 which is a pullback resistance. . High...