Preferred direction: SELL Comment: The US dollar continues to actively put pressure on the European currency. The euro and the British pound hold the blow from the American the best, but still fall. The fall is expected to continue. Ahead we have a local level 1.08485 and more significant support 1.07882. From these levels, and we can expect at least another...
EURGBP - Classic bullish formation - Our team expects growth SUGGESTED TRADE: Swing Trade Long EURGBP Entry Point - 0.85515 Stop Loss - 0.85321 Take Profit - 0.85807 Our Risk - 1% Start protection of your profits from lower levels. ❤️ Please, support our work with like & comment! ❤️
Hello traders, I want share with you my opinion about British Pound. Observing the chart, we can see that the price some day ago bounced from the buyer zone, which coincide with the 0.8555 support level and reached the 0.8655 resistance level, but then it started to fall and entered to the downward channel. Inside the channel, EURGBP declined a lower 0.8555...
🔸speculative buy/hold setup for EURGBP bulls, diamond bottom setup in progress. accumulation in range with low volatility, expecting sequence to complete soon. 🔸Bulls maintain control, bottoming in progress currently, final dip/pullback towards 8550 is a great buying opportunity, bulls getting ready for a reversal off the lows. 🔸Recommended strategy bulls: bulls...
Hey Traders, in today's trading session we are monitoring EURGBP for a buying opportunity around 0.85400 zone, EURGBP is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.85400 support and resistance zone. Trade safe, Joe.
Preferred direction: SELL Comment: Today at the opening of the European session there were good entry points to the long. The ground for the deal was yesterday's short volumes, which the market most likely needed to liquidate, as the medium-term movement is still looking down. Now that this has been done, we can expect a decline to 1.26989, and then to a more...
Conducting a thorough examination on the H16-timeframe graph, the following points could be observed: - The price action is looking wonderful - The sentiment of the market is bearish - The chances of getting further downside moves upon a pullback are high And hence, we are interested in catching entries and riding the potentially upcoming bearish wave. As it...
EURGBP is in fine bullish trend and respecting the bullish trendline. As the price has retraced a bit after recent bullish move and now the pair is trading at support zone. If this support is holds perfectly it will be nice option for bulls to make another leg up. What you guys think of it?
Please, check our technical outlook for EURGBP. Time Frame: 4h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is on a crucial zone of demand 0.859. The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 0.862 level. P.S The term oversold...
EURGBP was falling for some time within a channel. After a test of a key horizontal support, the price bounced and violated the resistance line of the channel. It is an important sign of strength of the buyers and a highly probable bullish continuation. Goals: 0.8615 / 0.8628 ❤️Please, support my work with like, thank you!❤️
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Preferred direction: SELL Comment: The British pound is still considered for sales, and the accumulation at the level of 1.26989 just allows generating fuel for this campaign. We can confidently consider the target for such a potential deal at the level of 1.25381. Thank you for like and share your views!
Waiting for a retest of 0.66230 to long EURGBP back to 4H swing high at 0.86847 If you agree drop a like and if you have any questions leave a comment :)
Dear colleagues, I anticipate that the price will enter a correction and reach the area of the 50% Fibonacci level at 0.86413. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Hey Traders, in the coming week we are monitoring EURGBP for a buying opportunity around 0.86000 zone, EURGBP is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.86000 support and resistance zone. Trade safe, Joe.
Dear colleagues, I anticipate a minor correction towards the 38.2% - 50% Fibonacci retracement level at 0.86182. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. EURGBP has been overall bearish trading inside the falling channel in red, however it is currently approaching around the upper trendline. Moreover, the zone 0.87 is a resistance zone. 🏹 So the highlighted red circle is a strong area to look for sell setups as it is the...
Preferred direction: SELL Comment: The currency pair did not immediately make money on a short trade, as we noted earlier in our instrument idea. However, the sell priority remains. A drop to the level of 1.09000 is expected, where the support is located. From this support, just like from the level of 1.08485, the medium-term trend of the Euro will depend. ...