✅EUR_GBP has been falling recently And the pair seems locally oversold So as the pair is approaching a horizontal support of 0.8500 Price growth is to be expected LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Preferred direction: SELL Comment: As part of the upcoming strengthening of the American currency , as well as the upcoming NFP , we expect a fall in the GBPUSD currency pair. At the moment, the process of eliminating sellers is being completed, and in the very near future, the market will begin to actively buy at market prices. Thus, this will provide an...
Preferred direction : BUY Comment: The British pound continues to be the most promising major currency pair to rise amid so much accumulated selling. Here, we continue to adhere to the previous plan, and events strictly develop according to scenario №2 . The growth target is the level of 1.28000 , or more precisely the area near it, since most likely, as...
Preferred direction: BUY Comment: We continue to consider the euro in favor of buyers, especially until the target at 1.09000 is crossed. Above this level, there is a target of 1.10000 , which the pair may approach quite easily, since there is an accumulated resource for this. This potential movement will develop within the framework of scenario №1. ...
Preferred direction: BUY Comment: When considering medium-term trades, we continue to adhere to the buy-priority for the AUDUSD currency pair. As expected, right now the instrument is already recording a new local minimum, which we prescribed in scenario №2 . This scenario is now more relevant. It should be noted that during this week the price will most...
Preferred direction: BUY Comment: At the beginning of the week, the buy-priority is still relevant for the British currency , however, despite the presence of a limit buyer, a more likely long scenario looks precisely after a small downward correction towards the level of 1.26770 . In this case, a false breakout will be formed as soon as the price returns to...
I've just gone LONG on this pair for the following reasons. We've hit WS1 support pivot level and price is now moving away from it. RSI on H1 was under 30 and now its reading 35.45. MACD is still lagging behind but the BEARS strength has reduced significantly. The Andean Oscillator was at zero and has now move away from zero with a reading of .00008. Price has hit...
My dear followers, This is my opinion on the EURGBP next move: The asset is approaching an important pivot point 0.8546 Bias - Bullish Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market. Goal - 0.8555 About Used Indicators: For more efficient signals,...
OANDA:EURGBP SHORTposition can be taken in the specified ZONE There is no position before the ZONE
Hello traders, I want share with you my opinion about British Pound. Observing the chart, we can see that the price a not long time ago declined from the 0.8570 resistance level to the 0.8520 support level, which coincided with the buyer zone inside the range. After this price rebounded up from the support level and rose almost to the top part of the range, but...
Hello traders! ‼️ This is my perspective on EURGBP. Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, as price started to form lower lows and lower highs, so I look for a short. I want price to continue the retracement to fill the imbalance and then to reject from bearish order block. Fundamental news: On Thursday we...
My dear friends, Please, find my technical outlook for EURGBP below: The price is coiling around a solid key level - 0.8565 Bias - Bearish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 0.8556 About Used Indicators: The pivot point itself is...
Hello,Friends! EUR/GBP is making a bearish pullback on the 1H TF and is nearing the support line below while we are generally bullish biased on the pair due to our previous 1W candle analysis, thus making a trend-following long a good option for us with the target being the 0.854 level. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! The BB upper band is nearby so EUR-GBP is in the overbought territory. Thus, despite the uptrend on the 1W timeframe I think that we will see a bearish reaction from the resistance line above and a move down towards the target at around 0.853. ✅LIKE AND COMMENT MY IDEAS✅
Hey Traders, in the coming week we are monitoring EURGBP for a selling opportunity around 0.86100 zone, EURGBP is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.86100 support and resistance area. Trade safe, Joe.
Here I have EUR/GBP on the 4 Hr Chart! On Feb. 26th, EG had made an IMPRESSIVE Double Bottom Pattern @ .85281 and has been stretching HIGHER! Zooming out to the Bigger Picture you can see there is an even STRONGER reversal pattern possibly at play getting ready to complete!! -The Inverted Head & Shoulders! With the NEW LOW @ .84981 on Feb. 14th, followed by...
Preferred direction: BUY Comment: In the longer term, the euro continues to be viewed more in favor of the buyer. It should be noted the local strength of the US dollar and at the moment only the Canadian currency and metals can resist the US currency with the greatest effectiveness. Regarding EURUSD , we will consider two scenarios, where both...
Hello,Traders! EUR-GBP is already making a Pullback from the horizontal Resistance of 0.8566 so As we are bearish biased I think we will see A further move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!