Daily chart
Current trend is bullish, just broke above the 0.870 significant level.
H4 chart
A pullback to 0.870 region is in progress. IMO a bullish continuation to the next significant resistance 0.885 area is likely.
Being prepared for the unexpected is a good idea in trading, so please use sound money and risk management and stay patient in all your trades....
EURGBP
Channel: GREEN
WK Pivot: GREEN
AOB: WP
CON: EngB
BUY Stop: 0.87299
Stop Loss: 0.86946
TP01: 0.87652
TP02: 0.88358
DWR present as a buy setup on 26 OCT, with Channel and Pivot are green bouncing off weekly pivot
However, trade is not taken/considered
SPX500: SELL
DXY: BUY
OIL: BUY
GOLD: BUY
Ahead of the ECB rate decision tomorrow, the futures markets see almost zero chance we get anything other than a hold at 4.50%. This falls in line with other economies including the Bank of Canada which held rates earlier today.
From a technical perspective the Daily chart is back above the wedge breakout level. I took a Long this morning from 0.87140 after a...
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 and then to reject from bullish order block.
Fundamental analysis: On Thursday will be released Interest Rate on EUR followed by ECB Conference, based...
Hello Traders, here is the full analysis.
Watch strong action at the current 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.
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Traders, if you liked this idea or if you have your own opinion about it, write in the...
EURGBP appears to be on a medium-term uptrend that began on August 23rd at 0.84922. Here's how it's been progressing from Elliott wave perspective:
First, there was a move up to 0.86105 (Wave 1) .
Then, an ABC correction in wave 2 brought it down to 0.85239.
The uptrend continued in wave 3, reaching 0.87094.
After that, a corrective wave 4 formed a triangle...
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, one of the...
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!
H4 - Bullish trend pattern followed by a double wave correction.
Price respected a strong support zone and bounced higher.
Most recent downtrend line breakout.
H1 - Bullish trend pattern.
Currently it looks like a pullback is happening.
Until the two strong support zones hokd my short term view remains bullish here.
Anticipating EUR/GBP Decline on Upcoming Euro Weakness
🔍 My analysis points to potential Euro weakness ahead, which could lead to a fall in EUR/GBP. Stay tuned for this evolving market scenario. 📉 #EURGBP #Forex #TradingViewAnalysis 📊📉
Entry : 0.86515
SL : 0.86170
TP : 0.88090
RRR : 1/4.5
Every trade has risk!! So please set SL with your own caution and always follow my orders at Tradingview !!
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Hello Traders
In This Chart Forex ForecastEURGBP DAY By FOREX PLANET
today EURGBP analysis 👆
🟢This Chart includes_ (EURGBP market update)
🟢What is The Next Opportunity on EURGBP Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To...
EURGBP is in strong bullish trend.
As the market is consistently printing new HHs and HLs.
currently the market is retracing a bit after last HH, which is also the 38% fib retracement level and local support as well. if the market successfully sustain this bullish confluence the next leg high could be 0.8700.
very intense scenario going on eurgbp at the moment
analysing the weekly tf looks to me like the price is bullish , the price formed a double bottom broke and retested neckline .
but on lower tfs looks like something else the price formed a double top on daily and decending triangle on 1hr .
the neckline of the double to in daily is also accompanied with 100...
On the weekly, #EURGBP
is very bullish and it is making a corrective wave 4, take a buy from here to 0.88 and possible to the moon.
Sellers are finding it difficult for them to push the price down because it is very bullish.
Never counter a trend,
Follow the bullish trend and go long!!!!
Don't miss out of such breakout trade as weekly is very bullish.
Always buy...
Pair : EURGBP ( Euro / British Pound )
Description :
Completed Corrective Waves " ABC " in a Corrective Pattern " Rising Wedge " and Impulsive Waves " 1234 " in a Corrective Pattern " Bullish Channel " in Short Time Frame if it Breaks the Lower Trend Line of Bullish Channel / Rising Wedge and Retrace then Sell
