Hello traders! ‼️ This is my perspective on EURGBP. Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for long. I want price to continue the retracement to fill the imbalance lower and then to reject from bullish order block. Fundamental analysis: Tomorrow will be released yearly CPI on GBP and on...
Hello,Friends! We are now examining the EUR/GBP pair and we can see that the pair is going up locally while also being in a uptrend on the 1W TF. But there is also a powerful signal from the BB upper band being nearby, indicating that the pair is overbought so we can go short from the resistance line above and a target at 0.858 level. ✅LIKE AND COMMENT MY IDEAS✅
Is EURGBP exhausting at highs? As the price is been on high bull run but now it seems like price is lacking bullish momentum after reaching at daily time frame resistance level, suggesting the sell pressure is about to start. If the bears took control , the 1st target could be 0.8600. What you guys think of it ?
🔸Let's review 8 hours chart for EURGBP today. speculative buy/hold setup for EURGBP bulls, accumulation in range. short-term expecting pullback from overhead resistance, shorting from resistance is a higher risk setup (bears), however focus on buy/hold instead. 🔸EURGBP trading in well-defined range since june 2023, range lows set at 8550 and range highs set at...
Hello, Welcome to this analysis about EURGBP and the daily timeframe perspectives. In recent times EURGBP has developed a main bearish structure and as I discovered now there is a decisive formation in this structure which when completed will be the origin of heavy bearish continuations. Therefore, as when looking at my chart we can watch there how EURGBP has...
Welcome back! Let me know your thoughts in the comments! ** EURGBP Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
Hello, Welcome to this analysis about EURGBP and the 4-hour timeframe perspectives. EURGBP in recent times is forming some interesting developments especially with the main formation I discovered here this can lead to increased volatility in the upcoming times. Therefore, when looking at my chart we can watch there how EURGBP has formed this massive...
Hello, Welcome to this analysis about EURGBP, we are looking at the hourly timeframe perspectives. EURGBP in recent times developed a structure in which a considerable breakout has the ability to emerge when EURGBP determines the right price-actions. When looking at my chart now we can watch there how EURGBP is trading within this massive...
Our strategy, polished by years of trial and error has helped us identify what seems to be a great trading opportunity and we are here to share it with you as the time is ripe for us to sell EURGBP. ❤️ Please, support our work with like & comment! ❤️
Hi folks today I'm prepared for you British Pound analytics. Some days ago price declined to the support zone, which coincided with the 0.8560 support level, and traded there some time. But later, the price declined more to the trend line, where it rebounded and started to rise close to this line. British Pound rose to the resistance level, which coincided with...
Preferred direction: SELL Comment: The currency pair has approached the support area, from where the instrument can recover and may even reverse in the medium term. However, for now, the priority of sales still prevails, and after recovery to 1.07000, we can expect another local fall to approximately the extreme minimums. Thank you for like and share your views!
EUR/GBP is rising and might climb above the 0.8615 resistance. Important Takeaways for EUR/GBP Analysis Today · EUR/GBP is rising and trading above the 0.8600 zone. · There was a break above a connecting bearish trend line with resistance near 0.8600 on the hourly chart at FXOpen. EUR/GBP Technical Analysis On the hourly chart of EUR/GBP at FXOpen, the...
Hello,Friends! It makes sense for us to go short on EUR/GBP right now from the resistance line above with the target of 0.856 because of the confluence of the two strong factors which are the general downtrend on the previous 1W candle and the overbought situation on the lower TF determined by it’s proximity to the upper BB band. ✅LIKE AND COMMENT MY IDEAS✅
Pair : EURGBP ( Euro / British Pound ) Description : Rejection from the Daily Descending Trendline at Fibonacci Level - 61.80%. It has completed " ABC " Corrective Wave. Bullish Channel as an Corrective Pattern in Short Time Frame and it has Breakout the Lower Trend Line and Completed its Retest
Hello Traders Investors And Community, welcome to this analysis where we are looking at EURGBP 4-hour timeframe perspective, the recent events, the current formational structure, the huge decisive formation building up and what to expect the next times. EURGBP confirmed its local highs at the 0.917 level before pulling back and entering into this overall range in...
EURGBP Buy Stop Loss: 0.852 Targets: 0.859 0.860 0.862 0.865 0.869
Preferred direction: SELL Comment: Today the market is waiting for the ECB's decision on the interest rate, as well as a number of important news at the beginning of the American session. In the meantime, we continue to adhere to our idea for sale and all goals are also maintained. The rate will most likely remain at the same values, which will actually play...
The EURGBP pair gave us a solid sell signal (1D RSI breaking the Higher Lows) on our last call (August 03) and has already hit our first target (see chart below): The pattern remains a Channel Down since the February 03 High, maintaining the bearish trend unless the 1D MA200 (orange trend-line) breaks. It is also possible to see a transition to a Rectangle...