Hey Traders, in today's trading session we are monitoring EURGBP for a buying opportunity around 0.86500 zone, EURGBP is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.86500 support and resistance area.
Trade safe, Joe.
💬 Description: The British pound continues to update its lows and thereby break new local anti-records. The price has already dropped below the level of 1.21166 today, which strengthens the position of sellers, especially intraday. With a high degree of probability, we also expect a fall towards the daily support 1.18730 . Considering the average daily move...
Hello traders, I want share with you my opinion about British Pound. Observing the chart, we can see that the price some days ago price rebounded from the 0.8635 support level, which coincides with the buyer zone and started to fall. But later it entered to upward channel, where the price first made a fake breakout of the support line and then continued to grow to...
Preferred direction: BUY
Comment: Another purchase is expected for the pound. The situation here is similar with the Euro. Sellers are still strong, but there is a high probability of an upward correction against the backdrop of data from the US. A small stop loss is required in this case. Growth is moving toward resistance 1.22369.
Thank you for like and...
Hello,Friends!
We are targeting the 0.862 level area with our short trade on EUR/GBP which is based on the fact that the pair is overbought on the BB band scale and is also approaching a resistance line above thus going us a good entry option.
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My dear subscribers,
EURGBP looks like it will make a good move, and here are the details:
The market is trading on 0.8675 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 0.8657
About Used Indicators:
The average true range ATR plays an important role in 'Supertrend'...
💬 Description: The attempt by buyers to recover on Friday did not justify itself, and the currency pair is still a sell priority. Level 1.06167 has proven itself to be a mirror level, which in turn confirms the current sales. The daily level of 1.05194 has shown itself only once so far, and its retest is expected in the very near future. An update to the...
Anticipating EUR/GBP Decline on Upcoming Euro Weakness
🔍 My analysis points to potential Euro weakness ahead, which could lead to a fall in EUR/GBP. Stay tuned for this evolving market scenario. 📉 #EURGBP #Forex #TradingViewAnalysis 📊📉
This is trade idea for EURGBP Day Trade
-Buy around FVG according to the confirmation that will occur.
-Possible bullish price movement towards the resistance.
-Risk Reward 1:3
Hello traders!
‼️ This is my perspective on EURGBP.
Technical analysis: As we can see here price started to form higher highs and higher lows, so we are in a bullish market structure, now I expect we could see a retracement after price took out buy side liquidity. I look for a long if price fills the imbalance lower and then rejects from bullish order block....
Hello,Traders!
EUR-GBP went up again
And hit a horizontal
Resistance of 0.8673 from
Where I think we will
See a local move down
Sell!
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Check out other forecasts below too!
Entry : 0.85748
SL : 0.85550
TP : 0.86767
RRR : 1/5
Every trade has risk!! So please set SL with your own caution and always follow my orders at Tradingview !!
Support Broker with me in the Bio section
Preferred direction: BUY
Comment: And again we follow the previously outlined plan. Although sellers are strong, this does not prohibit taking potential trades long. Today a news background is expected, which may just trigger another small upward correction. This idea is relevant today.
Thank you for like and share your views!
In the upcoming days, I'll be closely monitoring EUR/GBP with an expectation for a further continuation of the current uptrend, aligning with its recent movements. However, if the prevailing trend were to shift, we would need to consider a bearish scenario instead. Stay tuned for real-time updates as we navigate the evolving market conditions. 📈📉 #EURGBP #Uptrend...
Last week EURGBP posted a green Heiken Ashi candle on the weekly time frame. This suggests to me that we may see another green weekly candle posted this week.
It is also the case that EURGBP posted a green Heiken Ashi candle on the daily time frame, after a series of red candles. This suggests to me that we may see a multi-day bull run.
EUR/GBP is rising and might climb above the 0.8675 resistance.
Important Takeaways for EUR/GBP Analysis Today
· EUR/GBP is rising and trading above the 0.8660 zone.
· There is a major bearish trend line forming with resistance near 0.8675 on the hourly chart at FXOpen.
EUR/GBP Technical Analysis
On the hourly chart of EUR/GBP at FXOpen, the pair started a...
Entry : 0.86772
SL : 0.86972
TP : 0.86072
RRR : 1/3.5
Every trade has risk!! So please set SL with your own caution and always follow my orders at Tradingview !!
Support Broker with me in the Bio section
💬Description: Today, the market began to actively recover against the US dollar . Some instruments have already passed their ADR . However, it is very unlikely that this trend will continue throughout the day. A move in favor of the dollar is very likely.
Against this background, a small short on EURUSD is expected towards the level of 1.05194 , where,...
