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 want price to make a retracement to fill the imbalance higher and then to reject from bearish order block + institutional big figure 0.86000. Fundamental news: On Thursday will see results...
EURGBP, after recent massive bearish rally, EURGBP is now trading in range and perfectly testing the lows and highs of the range. Ranges are best in a sense just buy the support and sell the resistance. Currently the price is at support level and seems like a fine buying opportunity.
Preferred direction: BUY Comment: The Japanese yen is most likely going to update last year's high; this is, surely, a longer-term target. About a more short-term idea, we expect the US dollar to continue to strengthen. At the moment, the limit buyer continues to support growth for this pair. We highlight two scenarios for ourselves. Growth should not be...
EURGBP broke a resistance line of a falling parallel channel after a test of a key horizontal support. I bought the pair on a retest of a broken trend line. I expect a pullback now at least to 0.8579 ❤️Please, support my work with like, thank you!❤️
✅EUR_GBP is making a Pullback from the horizontal Resistance of 0.8590 So I think that the Pair will go further down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Here is our detailed technical review for EURGBP. Time Frame: 9h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is trading around a solid horizontal structure 0.855. The above observations make me that the market will inevitably achieve 0.858 level. P.S The term oversold refers to a condition where an asset...
My dear subscribers, EURGBP looks like it will make a good move, and here are the details: The market is trading on 0.8555 pivot level. Bias - Bullish My Stop Loss - 0.8537 Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 0.8591 About Used Indicators: The average true range ATR plays an...
Hello Traders, here is the full analysis. Watch Potential bullish reversal levels for BUY. GOOD LUCK! Great BUY opportunity EURGBP I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the comments....
Hey Traders, in the coming week we are monitoring EURGBP for a selling opportunity around 0.86000 zone, EURGBP is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.86000 support and resistance area. Trade safe, Joe.
✅EUR_GBP is going down to retest a horizontal support of 0.85516 Which makes me locally bullish biased And I think that we will see a rebound And a move up from the level Towards the target above at 0.85671 LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Please, check our technical outlook for EURGBP. Time Frame: 3h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a key horizontal level 0.859. Considering the today's price action, probabilities will be high to see a movement to 0.857. P.S Overbought describes a period of time where there has been...
Preferred direction: SELL Comment: Previous targets for short gold were completely closed with profit. However, the downside potential still relevant. The level of 2000 , at which the metal is currently trading, will most likely be broken down soon. Market buyers are still unable to move the price up. Therefore, most likely, this crowd of purchases will be...
Preferred direction: SELL Comment: The pound remains the focus of sales. Despite a good attempt at recovery yesterday after the publication of economic data, the pound does not have technical and fundamental factors for growth. Therefore, most likely, the end of this week will also take place within the framework of the strengthening of the US dollar....
Preferred direction: SELL Comment: Previous trading ideas for shorting the euro work well. Despite the good way down we have already made, we continue to adhere to sell priority. We are patiently waiting for a move towards the main target at the level of 1.07000 . Entry points for short-term trades are still relevant today. One can use a small stop loss of...
Sell Entry:038580 (Now) Stop: 0.85929 TP: 0.85552 (RR = 2)
EUR/GBP declined steadily below the 0.8585 and 0.8570 support levels. Important Takeaways for EUR/GBP Analysis Today EUR/GBP is trading in a bearish zone below the 0.8585 pivot level. There is a connecting bearish trend line forming with resistance near 0.8570 on the hourly chart at FXOpen. EUR/GBP Technical Analysis On the hourly chart of EUR/GBP...
EUR/GBP is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 0.85712 which is a pullback support. Stop loss is at 0.85400 which is a level that sits under a pullback support. Take profit is at 0.86171 which is a pullback resistance that aligns close to the 38.2% Fibonacci retracement level. High...
Hello traders, I want share with you my opinion about British Pound. Looking at the chart, we can see how the price a few days ago started to trades in an upward channel, where it first some time traded near the 0.8570 support level, which coincided with the buyer zone and then bounced up. After this, the price made a correction to the support line, and then it at...