Hello Traders EUR/GBP has finalized its long correction phase. So we expect some sharp moves in EUR/GBP in the next few days. Our technical view has been shown in the chart. If you like it then Support us by Like, Following, and Sharing. Thanks For Reading Team Fortuna -RC (Disclaimer: Published ideas and other Contents on this page are for educational...
Price broke and retested our bearish trendline. It formed bullish move and reached 0.86000 zone. This zone could act as a resistance, so it is possible to see move down.
Preferred direction: Neutral Comment: For this currency pair, the best option would be to stay aside from selling. Buying is allowed with minimal risk, as a small movement against sellers is expected in the near future. In addition, the price is close to the daily resistance 1.11861, so far it is too early to say that the buyer has consolidated above this...
Please, check our technical outlook for EURGBP. Time Frame: 12h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 0.858. Taking into consideration the structure & trend analysis, I believe that the market will reach 0.863 level soon. P.S We determine oversold/overbought...
EUR/GBP is eyeing more gains above the 0.8575 resistance zone. Important Takeaways for EUR/GBP Analysis Today EUR/GBP started a fresh increase from the 0.8500 zone. There is a major bullish trend line forming with support near 0.8565 on the hourly chart at FXOpen. EUR/GBP Technical Analysis On the hourly chart of EUR/GBP at FXOpen, the pair started a...
Hey Traders, in tomorrow's trading session we are monitoring EURGBP for a buying opportunity around 0.85600 zone, EURGBP is trading in an up trend and currently is in a correction phase in which it is approaching the trend at 0.85600 support and resistance zone. Trade safe, Joe.
Hello,Friends! EUR/GBP pair is in the uptrend because previous week’s candle is green, while the price is obviously rising on the 4H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 0.853 because the pair overbought due to its proximity to the upper BB band and a bearish correction is...
Preferred direction: Neutral Comment: The previous trading idea within the near retest of the level 1.09623 gave its profit. The buyer's mood was so strong that the instrument overcame the important daily resistance 1.11861. It is assumed that this is not for long, the currency pair needs a correction. Correction will also be against the background of fixing...
Hi guys, this is my overview for EURGBP, feel free to check it and write your feedback in comments👊 A few days ago price bounced from declined $0.8600 level, which coincided with resistance area and decline to support level. Then British Pound at once bounced and made strong upward impulse higher of resistance level but soon fell below. After this, price rose...
Zone still looks strong enough to be broken, price movement still allows for further decline. However, if the area at the price zone 0.8567 is broken, there is a stronger possibility for bullish presence. Trade Active with 1:3 RR ratio
Preferred direction: BUY Comment: The British pound showed only a small stop at the round level of 1.30000. In our last idea for this trading instrument, we considered the entry point to a long position at this level. However, buyers did not even let us figure out what was happening. The next significant stop is likely to be at the level of 1.31941, this daily...
The price tested a strong resistance zone and the selling pressure may increase very easily near that zone considering also the bigger picture. Thank you and Good Luck
Hello,Friends! EUR/GBP pair is in the uptrend because previous week’s candle is green, while the price is evidently rising on the 4H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 0.849 because the pair overbought due to its proximity to the upper BB band and a bearish correction is...
M Formation on a large scale has formed. We had the price break below and then retest the pattern once again. Thing is we haven't had the price break above the downtrend as of yet. This means, the bias does remain bearish but anything can change if the selling doesn't continue. 200>21>7 (bearish) RSI<50 (Lower highs) Target -0.8200 SMC (Buy Side Liquidity...
there is a high chance that price will reverse still not jumping on the trade until i feel the presence of the agressive sellers keeping an eye on it
Preferred direction: Neutral Comment: The long-awaited level of 1.30000 has been reached and now most likely we should expect a stop from the buyers. A downward correction is also in question. It takes some time to watch the price. The formation of a balance is now most likely. Thank you for like and share your views!
The analysis of the EURGBP chart clearly shows us that the pair is finally about to tank due to the rising pressure from the sellers. ❤️ Please, support our work with like & comment! ❤️
Hey Traders, in today's trading session we are monitoring EURGBP for a buying opportunity around 0.85150 zone, EURGBP was trading in a downtrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 0.85150 support and resistance zone. Trade safe, Joe.