EUR/GBP is now consolidating losses below the 0.8700 resistance. Important Takeaways for EUR/GBP Analysis Today · EUR/GBP started a fresh decline from the 0.8710 resistance zone. · There is a major bearish trend line forming with resistance near 0.8700 on the hourly chart at FXOpen. EUR/GBP Technical Analysis On the hourly chart of EUR/GBP at FXOpen, the pair...
Hello Traders, EURGBP is in an interesting zone, which is a weekly FVG (yellow box), and has reacted. I expect price manipulation in the blue box which is my area of interest to look for a long setup. Another thing I would like you guys to look at is the weekly equal lows (you can use the daily timeframe to see it clearly) that have been swept with this week's...
EURGBP - Classic bearish pattern - Our team expects pullback SUGGESTED TRADE: Swing Trade Sell EURGBP Entry Level - 0.86838 Stop Loss - 0.87128 Take Profit - 0.86402 Our Risk - 1% ❤️ Please, support our work with like & comment! ❤️
Hey Traders, in tomorrow's trading session we are monitoring EURGBP for a selling opportunity around 0.87150 zone, EURGBP is trading in a downtrend and currently seems to be in a correction phase in which it is approaching the major trend at 0.87150 support and resistance zone. Trade safe, Joe.
I have an idea about eurgbp which is a swing in trend. I'm waiting to see what happens when the price reaches the black box. if there will be any retracement patterns like QM, I would go for a long position.
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Hello,Traders! EUR-GBP has formed a Bearish triangle pattern While trading in a downtrend So IF we see a bearish breakout I would be expecting a Bearish continuation Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
The Pound to Dollar (GBP/USD) exchange rate hit 12-month highs at 1.2675 on May 10th before a retreat to 1.2400 amid a dollar rebound. The Pound to Euro (GBP/EUR) exchange rate also hit 2023 highs close to 1.1550 before settling just above 1.1500. Pound Sterling: UK Outlook Half Full or Half Empty The UK fundamentals have improved over the past few months...
Take a look at our analysis for EURGBP. Time Frame: 5h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is trading around a solid horizontal structure 0.868. The above observations make me that the market will inevitably achieve 0.862 level. P.S Overbought describes a period of time where there has been a...
Foreign exchange analysts at BNP Paribas suggest the Euro (EUR) is tipped to rise against the Pound Sterling (GBP) in the near-term outlook. They believe that although UK data has been surprisingly strong recently, the underlying data strength remains subdued. "UK data have been surprisingly strong recently, but surprises tend to mean revert and underlying data...
My dear followers , My technical analysis for EUR/GBP is below: The price is coiling around a solid key level - 0.86830 Bias - Bearish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 0.86402 About Used Indicators: The pivot point itself is simply the average of the high, low and closing prices from...
EURGBP - Classic bearish formation - Our team expects bearish continuation SUGGESTED TRADE: Swing Trade Sell EURGBP Entry Level - 0.86894 Stop Loss - 0.87221 Take Profit - 0.86404 Our Risk - 1% ❤️ Please, support our work with like & comment! ❤️
✅EUR_GBP is trading in a Downtrend and the pair Has formed a bearish triangle Pattern so IF we see a breakout The pair wil go further down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Even a Blind Man Can See It. We are in a trend and making new highs And New Higher Lows. Now We Can Expect A New High To Begin BUT............. WE NEED A ENTRY!!!!! SO... I am waiting to buy this! I am looking for a buy signal on the hour 1 or hour 2 chart.
The price has reached the resistance. If it cannot break the resistance, I predict that it will move to the specified support range This is a prediction, please check for yourself
Pound Sterling Forecast: Extended Range Trading for EUR/GBP Danske expects that the Bank of England will increase interest rates for a final time in June. It notes that at least one further rate hike is priced in by markets which will limit scope for Pound buying. It does, however, consider that the Pound is slightly undervalued which will underpin the...
The pair experienced a reversal. The retracement back to the 61.8 fibo level is possible. __________________________ Information Regarding Important News and Figures can be found here in our Economic Calendar: mau.bdswiss.com/economic-calenda... Risk Warning: Trading in CFDs is highly speculative and carries a high level of risk. It is possible to lose all of...
Foreign exchange analysts at ING have updated their latest currency forecasts and predictions for the Pound Sterling Sterling will be influenced by global economic and financial conditions. It notes; “Sterling’s correlation with risk assets has fallen a lot this year – a factor probably helping sterling at the moment.” The Pound will still tend to be vulnerable...