Hi guys, this is my overview for EURGBP, feel free to check it and write your feedback in comments👊 A few days ago price some time traded near support level, which coincides with support area. And after price declined below theirs, then bounced up, but soon fell back. Next, price made upward impulse to next level, which coincided with resistance area, and then...
Preferred direction: BUY Comment: The buyer began to take the initiative at the level of 1.28484, which is currently the key in the short term and even in the medium term. It is assumed that it is from here that the instrument will begin its recovery and even continue the previous local uptrend towards 1.31941. Thank you for like and share your views!
Fast intraday search through my watchlist. You can follow the price with candle confirmation or whatever strategy you have. None of these are 100 %, complete confident analyses.. this market is all about probability .. so try to work on your risk management and self-control.. all the traders in the world can tell for sure what's going to happen or where the price...
Preferred direction: BUY Comment: The European currency also approached the support area, in which the push volume was formed for the last time. An aggressive approach to this support area also favors buying, and further downside is unlikely. Recovery is considered to level 1.11861. Thank you for like and share your views!
Preferred direction: BUY Comment: The medium-term view for the instrument remains on the side of the buyers. The approach to the level of 1.28484 encourages long-positions with the target of 1.30000. In a positive scenario, the instrument may approach this level during tomorrow as part of profit-fixing on the US dollar, and also need to be calculated for the...
Hey Traders, in this week we are monitoring EURGBP for a buying opportunity around 0.86200 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 0.86200 support and resistance zone. Trade safe, Joe.
Dear colleagues, I assume that the price will reach the support area at 0.85352. A Pin-Bar pattern has formed in the resistance area, which reinforces this idea! Manage your capital correctly and competently! Only enter trades based on reliable patterns!
H4 - Strong bullish momentum. Higher highs. No opposite signs. H1 - Bullish trend pattern. Until the two strong support zones hold I expect the price to move higher further after pullbacks.
Preferred direction: BUY Comment: As we expected, the price went to 1.11861 and rebounded a bit before reaching the level. So far, the price area near the level of 1.11861 is showing itself as a good support. In the short term, it is assumed that this trend will continue, and the instrument will head towards the round-psychological barrier 1.13000. Thank you...
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 see price to reject from bearish order block + institutional big figure 0.86000 after filling the imbalance. Fundamental analysis: Tomorrow we have news on GBP, will be released yearly...
EURGBP is bearish and is currently retesting weekly overall trend is bearish daily is bullish 4hrs is bullish with entry confirmation
My dear friends , My technical analysis for EUR/GBP is below: The market is trading on 0.85923 pivot level. Bias - Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 0.86110 About Used Indicators: A pivot point is a technical analysis indicator, or calculations, used to determine the overall...
The analysis of the EURGBP chart clearly shows us that the pair is finally about to go up due to the rising pressure from the buyers. ❤️ Please, support our work with like & comment! ❤️
Preferred direction: BUY Comment: The area around the level of 1960 is clearly interested in the buyer, a confident buyout of sellers indicates a likely imminent upward impulse to 1981.680. We noted this level in previous ideas. Today and tomorrow, a serious news background is expected, which, together with other factors, can realize the next cycle of a...
Preferred direction: BUY Comment: Buy-priority is also maintained for the British pound. Level 1.31941 is in the focus of buyers' attention. Given the news background and the accumulation of volumes for sale, in the near future the price will most likely be there. Thank you for like and share your views!
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 0.854. ✅LIKE AND COMMENT MY IDEAS✅