FX:EURGBP is under resistance pressure.There is clearly either a weak buyer or a rather strong seller in the market. Regarding the limit support area, the price continues to push. I noted the important level of 0.8541 and 0.8521. And also an important pattern - descending triangle. The support area of the pattern coincides with the area of the limit support....
Hello traders, we want to check the EURGBP chart. The price is moving in a descending channel and has pulled back to the indicated key level. We expect this level to play the role of a resistance level and the price will fall to around 0.85250. Good luck.
Preferred direction: SELL Comment: The European currency is under pressure from the American, which we previously assumed in our trading ideas. This trend is likely to continue, at least in the short term. It is unlikely that we will see a rollback to 1.07882 in the near future, thus we are expected to update the current lows and move towards 1.06500. Thank...
Hey guys, my name is Reza, thanks to follow my idea. Description: we can find Bearish Order Block on 15m. Also, this chart has 2 other OB (Bullish OB) that shown with Green Zone. I see RSI14 Bearish Divergence on chart. To find TP levels, I used Fib Ret. Drow VP on last movement. High potential level is 0.85361 (close 0.85364, 23.6% Fib...
I entered a short trade on GBPJPY during the London open after a retracement of a Fibonacci level. The H4 structure is bearish, which is why I took this trade. What do you think about it?
Daily IRL taken Strong H1 bearish MSS Target Daily ERL
On EURUSD, we have a bearish structure with the dollar pushing the euro down. Currently, we can observe 4 structural swing low breaks at H4. Therefore, the price is in a total buy situation. Personally, I'm waiting for a structural change at M15 during the London or New York session to go long with a target at 1.08. Let me know your perspective, greetings, and...
Please, check our technical outlook for EURGBP. Time Frame: 9h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 0.855. The above observations make me that the market will inevitably achieve 0.860 level. P.S We determine oversold/overbought condition with RSI...
Good morning, everyone. On EUR/GBP, I entered a long position following an ICT FVG + London Kill Zone strategy. I entered the market at the London open, and the price seems to have reacted positively, already showing a +0.5% gain. Therefore, I will move the stop loss from -1% to -0.5%, halving the risk of this trade! Specifically, I entered the market after the...
EURGBP rising towards an overlap resistance and could potentially reverse from here to drop lower towards our take profit target. Entry: 0.85664 Why we like it: There is an overlap resistance that aligns with the 38.2% Fibonacci retracement level Stop Loss: 0.86099 Why we like it: There is a swing-high resistance Take Profit: 0.85138 Why we like it: There is a...
EURGBP - Classic bullish setup - Our team expects bullish continuation SUGGESTED TRADE: Swing Trade Long EURGBP Entry Point - 0.8553 Stop Loss - 0.8530 Take Profit - 0.8606 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
As it is clear in the chart price has tested 1H Clean Break area acting as Support for the second time in the form of #double_bottom formation and also formed a bullish standard divergence which add to possibility of bullish move. Also in 4H time frame price only took out liquidity from the previous low and failed to close below as you can see the arrow line and...
Hello,Friends! We are going long on the EUR/GBP with the target of 0.859 level, because the pair is oversold and will soon hit the support line below. We deduced the oversold condition from the price being near to the lower BB band.However, we should use low risk here because the 1W TF is red and gives us a counter-signal. ✅LIKE AND COMMENT MY IDEAS✅
EUR/GBP is declining and trading below the 0.8580 pivot level. Important Takeaways for EUR/GBP Analysis Today · EUR/GBP is declining and showing bearish signs below 0.8580. · There is a major bearish trend line forming with resistance near 0.8560 on the hourly chart at FXOpen. EUR/GBP Technical Analysis On the hourly chart of EUR/GBP at FXOpen, the pair...
Please, check our technical outlook for EURGBP. Time Frame: 3h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is trading around a solid horizontal structure 0.855. The above observations make me that the market will inevitably achieve 0.857 level. P.S Overbought describes a period of time where there has been...
Hello,Traders! EUR-GB P has retested The horizontal support level Of 0.8552 so I think that We will see a local bullish rebound Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
My dear subscribers, This is my opinion on the EURGBP next move: The instrument tests an important psychological level 0.8572 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 - 0.8585 About Used Indicators: On the subsequent day, trading...
Pair : EURGBP ( Euro / British Pound ) Description : Bullish Channel in Short Time Frame and Rejection from Upper Trend Line or Fibonacci Level - 61.80% , It has Breakout the Lower Trend Line and Completed the Retracement. Impulse and Correction Completed it will make its Impulse Again