Preferred direction: BUY Comment: The target of the previous long trading idea is fixed, but nevertheless, we continue to adhere to the buy-priority. Medium-term prospects continue to develop in favor of the buyer, this was especially confirmed by the middle of the week, when the limit buyer demonstrated itself. In addition, the euro was supported by more...
$OANDA:EURGBPA short position can be taken in the specified area There is no position before the area
Market Analysis: EUR/GBP Gains Strength EUR/GBP is gaining pace and might extend its rally above the 0.8570 zone. Important Takeaways for EUR/GBP Analysis Today EUR/GBP started a fresh increase above the 0.8535 resistance zone. There is a major bullish trend line forming with support near 0.8550 on the hourly chart at FXOpen. EUR/GBP Technical...
Preferred direction: BUY Comment: US CPI data strengthened the position of the US dollar , but nevertheless, the momentary collapse is quite significant intraday, and in the medium term, this downward impulse is not so terrible. As before, the medium-term vision remains in favor of the buyer, and a reversal can occur at any time. After the collapse to the...
My dear friends, Please, find my technical outlook for EURGBP below: The instrument tests an important psychological level 0.8514 Bias - Bullish Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 0.8535 About Used Indicators: Super-trend indicator...
Hello,Traders! EUR-GBP made a rebound From the support of 0.8500 Just as I predicted and went Up nicely but will soon hit A horizontal resistance level From where I think we Will see a further move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
-0.6% MoM CPI and now technical recession with 0.3 shrinking on quarterly basis. UK data this week was very weak but recently and EURGBP trying to find support from 0.85. The weak data, bulish RSI divergence and the 0.85 support all create a buying oppurtunity. 0.8560 could be the trigger for upward moves. Below 0.85 however will change the positive outlook for...
It has come out of the downward trend and has gone above the resistance
Preferred direction: BUY Comment: Just like in the euro, we stubbornly continue to look closely at purchases in the pound. Of course, this idea has exclusively medium-term prospects. Scenario №1 is in the works, and scenario №2 may be activated in the near future. In this case, long entry points will need to be looked for near the level of 1.25000 ....
Hello everyone ... if price break our entry areas then this idea will be invalid.. Use good trade management only thing important in Trading is how you manage your trade... our signals are 95% accurate give us follow and motivate us by likes and comments... .. good luck..
Hello traders! ‼️ This is my perspective on EURGBP. Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I am looking for short. I want price to make a retracement to fill the imbalance higher and then to reject from bearish order block. Fundamental news: Tomorrow we'll see results of yearly CPI on GBP Like, comment...
Preferred direction: BUY Comment: Gold at this stage is considered exclusively in the medium term. Here, the more likely scenario for the development of events is the second one, however, at the level of 2000 you need to clearly see a long signal. There is a risk that with the next approach to 2000 , the price may fail immediately, and then go up, as is...
Preferred direction: BUY Comment: The buy-priority is still relevant for the pound this week. It should be noted here that the buying power is one of the strongest among the major currency pairs. Short- and medium-term prospects are in favor of the buyer. Inflation in the USA may, surely, make its own adjustments, but nevertheless, technically, the...
Here I have EUR/GBP on the 4Hr Chart! Price seems to be stuck in Consolidation but with a closer look, there tends to be a slight Rising Channel in the mix!! I suspect Next Week (Feb. 11th - 16th) we will see massive movement in this pair simply because of how heavy GBP is with news those days! Now initially this looks like a potential Bear Flag to me with this...
Hello traders, I want share with you my opinion about British pound. Looking at the chart, we can see how the price recently started to decline in a downward channel, where it soon fell to the support line and at once bounced up to the resistance line of the channel. Then GBP turned around and declined to the 0.8570 resistance level, which coincided with the...
Hey Traders, in the coming week we are monitoring EURGBP for a selling opportunity around 0.85320 zone, EURGBP was trading in an uptrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 0.85320 support and resistance area. Trade safe, Joe.
FX:EURGBP Hello friends, I have identified the formation target, entry zone, and stop level on the chart. Like and comment if you find value in our analysis. Feel free to post your ideas and questions at the comments section. Good luck
As we are already in EU sells, EU made a nice rejection on 15M chart, Expecting the same weakness on EURGBP, where the price stands on a nice 15m level. Low lotsize sells, hold for 2-3 hours max and close, its Friday..