Hello,Friends! Previous week’s green candle means that for us the EUR/GBP pair is in the uptrend. And the current movement leg was also up but the resistance line will be hit soon and upper BB band proximity will signal an overbought condition so we will go for a counter-trend short trade with the target being at 0.852. ✅LIKE AND COMMENT MY IDEAS✅
Hey Traders, in today's trading session we are monitoring EURGBP for a selling opportunity around 0.85400 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 0.85400 support and resistance area. Trade safe, Joe.
Hello fellow traders , my regular and new friends! Welcome and thanks for dropping by my post. Could see price heading down, but do now 0.8500-10 is a key zone on the daily for EURGBP. Do check out my stream video for the week to have more explanation in place. Do Like and Boost if you have learnt something and enjoyed the content, thank you! -- Get the right...
Hello,Traders! EUR-GBP is already making A pullback from the horizontal Resistance level of 0.8576 So I am locally bearish biased And I will be expecting A further move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
EURGBP - Classic bearish formation - Our team expects pullback SUGGESTED TRADE: Swing Trade Short EURGBP Entry - 0.8557 Sl - 0.8570 Tp - 0.8526 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
Preferred direction: BUY Comment: It’s strange that we don’t yet see such strong bullish sentiment for the pound . However, the prospects is still the same and the nearest growth target is located at the level of 1.26810 . The medium-term prospects also look positive for the buyer so far. After overcoming this level, one can count on growth to 1.28000 ,...
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...