EURGBP reversed off its resistance at 0.89817 where it could potentially drop further to 0.88602. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
A double top pattern that will cause declines Stochastic range 80, high range indicating a possible market correction. A market price correction signal at the market price, rather than a trend signal Target 0.8920
EURGBP bounced off its support at 0.88812 where it could potentially rise further to its 0.89817. Disclaimer: Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
EURGBP bounced off its support at 0.88812 where it could potentially rise further to its 0.89817. Disclaimer: Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
After a long Bullish moves, the uprise has stalled and slowed down. Price has start to create a Lower High and tried to break the Support (magenta zone) yesterday. However, be cautious as the price can still go upwards. We merely trade WHAT WE SEE, but the market forces is beyond anyone's control. EUR must weaken or GBP must strengthen in order for EURGBP to...
I developed what I believe is a foreseeable resistance and Support Zone on the 4 hr chart. Using proper money management should allow you to with stand any more bullish spikes. I would keep stacking positions if this pair rises in the next 48 hours. Remember to only risk 2% of your account per trade to make sure you're not completely taken out the game.
EUR/GBP failing to move up higher. We can expect a drop down on top of the 1H 200 EMA. Not the best trade, but the odds are there. Keep an eye on it and enter when you have enough confirmation that it's going to go for the short. Risk a very minimal amount on this trade as it's neither highly probable and only a 1:1 Risk:Reward ratio. The move is not yet...
FREE ANALYSIS ON EURGBP. Possible bearish move about to unfold. Sell on Break down. . . Word of the day: “You can’t use up creativity. The more you use, the more you have.” – Maya Angelou
The eurgbp crossed the resistance and it has returned to the old range of 0.8630 to 0.9070, we are currently just in the middle of the road but since we see the trend is bullish and the positive momentum is, We recommend buying. Entry price: 0.88 Take profit: 0.9020 Stop loss:0.87
Resistance broke , Potential Long if price continue to break higher. looking forward to 0.9x with some pull back at 0.833x, 0.889x,0.897x zone
GARTLY FORM ON EURGBP D1 CHART... TP..0.8546.... SL... 0.8912
Buy after a break up 0.8682 - Limit level - Many Sellers Hide their Stop Losses above the key level
The eurgbp is on its way to its fifth attempt to break through the resistance so it's an excellent time to get in short. The target is clear around the support area 0.8512
EURGBP is approaching horizontal resistance at 0.8675-0.8700. Besides, the 100D EMA at 0.8678 can also prove to be a strong hurdle. So, traders can look for SELL at 0.8670-0.8710 with SL above 0.8740. TPs can be set at 0.8500.
Trade Background: Bearish Reversal Price has returned back to major resistance level of the bearish channel. Where the sharp recovery in price resembles a V shape formation. Now that the week is almost over, we're going to see a massive amount of economic data coming out of UK in less than 3 hours! These data include Q1 GDP, Manufacturing data, Total business...