📈 EUR/GBP — Looking to Trade Higher
Between February and March, EUR/GBP built a solid base, leaving the market in a continuation pattern that looks distinctly bullish. #Traders
This setup points toward 0.8790 as the next targeted area.
Today’s swing Pivot Point sits at 0.8709, and as EU and UK markets open, I’d expect to see a rally from current levels.#TradingPsychology
All four moving averages, including the 200‑day, are clustered tightly between 0.8690 and 0.8703 — a zone that’s clearly well‑supported #priceaction
Buyers are likely to defend this area vigorously, and a push through 0.8712 should open the path higher for the coming week, #TradingStratedy
I’d only start to worry about long positions if we see a daily close below 0.8690 — then it’s time to reassess.
My Money, My Risk.
#EURGBP #Forex #FXAnalysis #TechnicalAnalysis
#CharmerTrading #CarolHarmer
Between February and March, EUR/GBP built a solid base, leaving the market in a continuation pattern that looks distinctly bullish. #Traders
This setup points toward 0.8790 as the next targeted area.
Today’s swing Pivot Point sits at 0.8709, and as EU and UK markets open, I’d expect to see a rally from current levels.#TradingPsychology
All four moving averages, including the 200‑day, are clustered tightly between 0.8690 and 0.8703 — a zone that’s clearly well‑supported #priceaction
Buyers are likely to defend this area vigorously, and a push through 0.8712 should open the path higher for the coming week, #TradingStratedy
I’d only start to worry about long positions if we see a daily close below 0.8690 — then it’s time to reassess.
My Money, My Risk.
#EURGBP #Forex #FXAnalysis #TechnicalAnalysis
#CharmerTrading #CarolHarmer
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.