EURGBP - Short & Medium Term - Levels in Focus

EURO / BRITISH POUNDICE

Description

⋅ Feb 20, 2020 7:35 AM

I am looking at EURGBP at this time, along with other GBP pairs, because the structures are in sync.
This makes me think that indeed we are about to switch trends.

The views for EURGBP:
- short-term: bearish from current levels (approx. 0.83650) until 0.82300
*150 pips trade
- medium-term: bullish from 0.82300 all the way until 0.87500 and beyond.
*500+ pips trade

Many pips ahead!

Comment

⋅ Feb 25, 2020 8:02 AM

Short-term selling, medium-term buying.

Trade closed: target reached

⋅ Mar 14, 2020 6:05 AM

Bullish Impulse complete, target reached.

Comments

ChristosRammos

⋅ Feb 24, 2020 6:13 AM

Perfect analysis as always dear Richard.

Lionheart-EWA

⋅ Feb 25, 2020 8:02 AM

@ChristosRammos, Thank you Christos, appreciate the support.

transparent-fx

⋅ Feb 23, 2020 9:09 PM

here is what I want to see on eurgbp from a MTA analysis

Lionheart-EWA

⋅ Feb 25, 2020 8:03 AM

@transparent-fx, Thanks for the contribution, many pips ahead!
I see we are both looking at a last push lower, then a reversal.