EURGBP rising towards an overlap resistance and could potentially reverse from here to drop lower towards our take profit target. Entry: 0.85664 Why we like it: There is an overlap resistance that aligns with the 38.2% Fibonacci retracement level Stop Loss: 0.86099 Why we like it: There is a swing-high resistance Take Profit: 0.85138 Why we like it: There is a...
EURGBP - Classic bullish setup - Our team expects bullish continuation SUGGESTED TRADE: Swing Trade Long EURGBP Entry Point - 0.8553 Stop Loss - 0.8530 Take Profit - 0.8606 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
As it is clear in the chart price has tested 1H Clean Break area acting as Support for the second time in the form of #double_bottom formation and also formed a bullish standard divergence which add to possibility of bullish move. Also in 4H time frame price only took out liquidity from the previous low and failed to close below as you can see the arrow line and...
Hello,Friends! We are going long on the EUR/GBP with the target of 0.859 level, because the pair is oversold and will soon hit the support line below. We deduced the oversold condition from the price being near to the lower BB band.However, we should use low risk here because the 1W TF is red and gives us a counter-signal. ✅LIKE AND COMMENT MY IDEAS✅
EUR/GBP is declining and trading below the 0.8580 pivot level. Important Takeaways for EUR/GBP Analysis Today · EUR/GBP is declining and showing bearish signs below 0.8580. · There is a major bearish trend line forming with resistance near 0.8560 on the hourly chart at FXOpen. EUR/GBP Technical Analysis On the hourly chart of EUR/GBP at FXOpen, the pair...
Please, check our technical outlook for EURGBP. Time Frame: 3h 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 0.857 level. P.S Overbought describes a period of time where there has been...
Hello,Traders! EUR-GB P has retested The horizontal support level Of 0.8552 so I think that We will see a local bullish rebound Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
My dear subscribers, This is my opinion on the EURGBP next move: The instrument tests an important psychological level 0.8572 Bias - Bullish Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 0.8585 About Used Indicators: On the subsequent day, trading...
Pair : EURGBP ( Euro / British Pound ) Description : Bullish Channel in Short Time Frame and Rejection from Upper Trend Line or Fibonacci Level - 61.80% , It has Breakout the Lower Trend Line and Completed the Retracement. Impulse and Correction Completed it will make its Impulse Again
Hi guys, this is my overview for EURGBP, feel free to check it and write your feedback in comments👊 Recently price declined to support line of triangle, but at once bounced up to resistance line. After price reached resistance line, breaking $0.8650 level, which coincided with resistance area, it started to decline. Price declined to support line and soon made...
Here is my analysis for EURGBP on H4 using Order Block. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Hey Traders, in today’s trading session we are monitoring EURGBP for a buying opportunity around 0.857 zone, EURGBP is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.857 support and resistance zone. Trade safe, Joe.
Hello,Friends! Previous week’s green candle means that for us the EUR/GBP pair is in the uptrend. And the current movement leg was also up but the resistance line will be hit soon and upper BB band proximity will signal an overbought condition so we will go for a counter-trend short trade with the target being at 0.855. ✅LIKE AND COMMENT MY IDEAS✅
the price made a great pin bar price action that indicates the price will fly soon
This can be a potential triangle pattern. It is drawn two lines between the strongest and most recent reaction zones. I think the price will bounce back up to create a third touch in center where the two lines crosses before making its way down in the major trend.
In the EURGBP pair, we have a long setup where the price has broken a previous swing high at the level of 0.8585. The price then retraced within the last bearish candle on the H4 timeframe, which led to the breakout of the swing high. In this area, I'm looking for a bullish entry if the market on the M5 timeframe shows signs of a bullish structure, namely forming...
Hello,Traders! EUR-GBP went up to Retest the horizontal Resistance of 0.8595 from Where we might see a Local pullback Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
My dear friends, Please, find my technical outlook for EURGBP below: The price is coiling around a solid key level - 0.8582 . Bias - Bearish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 0.8548 Safe Stop Loss - 0.8600 About Used Indicators: The...