Fundamental bias: Bullish
1. Virus Situation
The UK’s vaccination success has been a key driver of positive sentiment for GBP from the start of 2021 and has meant the county is on the verge of completely removing covid restrictions. One short-term negative is recent concerns about the Delta variant which could see a 2-4 week delay in the planned reopening...
🏛EUR_GBP is trading at the horizontal support again
While being pressed down by the falling resistance line
And in general the pair is kinda ranging for about 3 weeks now
Anyhow, the support is there and the moment to buy is now
With the risk of 0.5% maximum, because the trade is risky in my opinion
LONG🚀
✅Like and...
EURGBP after the test of the monthly resistance close the week above the support.
According to Plancton's strategy if the price will break below we will set a nice short order.
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h...
EURGBP is consolidating from April.
The price action contracts and the price sets lower highs and equal lows.
The market is stuck within a descending triangle:
To catch a bullish move, wait for a bullish breakout of a falling trend line.
It will be a strong trigger.
Goal will be 0.87
To catch a bearish continuation,...
Welcome to our weekly trade setup ( EURGBP )!
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1 HOUR
Bullish break above main sr level.
4 HOUR
Looking for more bullish pressure!
DAILY
Overall strong market structure.
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FOREX SETUP
BUY EURGBP
ENTRY LEVEL @ 0.85970
SL @ 0.85690
TP @ 0.86360
Max Risk: 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to...
The price is in a flat, but now, as we can see, it has come out above the strong resistance line. I expect growth from the downtrend. Our target - strong resistance level 0.86976
Traders, if you like this idea or have your own opinion about it, write in the comments. I will be glad👩💻
Hello,Traders!
EUR-GBP is trading in a mid range and is bouncing off the horizontal support
Now, the pair is retesting this support again, while trading in a falling wedge
And I am expecting a bullish move up after we see a breakout of the wedge to the upside
Buy!
Like, comment and subscribe to boost your trading!
See...
EURGBP is trading between strong daily support and a descending trendline.
The price after a few attempts never took a direction yet.
We will wait for a clear break below the resistance or above the trendline to check the price direction.
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue...
Here is our technical outlook on EURGBP.
Our analysis is based on fundamental & technical metrics.
According to our chart EURGBP reached a strong supply cluster.
Based on our view the price will drop
to the next structure support.
Like & Comment Our Analysis, Please!
❤️ Please, support our work with like & comment! ❤️
USDJPY Correcting the wave that dropped from 111.000 - 107.500. Price could extend further since wave "w" (Yellow) Sharp.
Next move Yellow or Red?
Will update this pair next week.
EURGBP Showing Some Nice Downward Push, A Steady Move Down Might Be IN The Works Thus A Sell Opportunity.... Ideal Trade Indicated On The Chart With SL $ TP 1%2 Shown By Dotted Lines
