EURGBP bounced off 0.90271 where it could potentially rise further to 0.90574. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
We are looking at a great buying opportunity at EUR/GBP to complete the right shoulder of simple market pattern. I think it's very accurate giving the fact, that the price currently approached a strong demand area, from where the price should make pullback.
💡Hello traders, Hope you are having fantastic summer and also are finding time for trading as well :) I will really apricate any likes and follows, that would help grow this channel. Let's take a look at EUR/GBP on daily chart. We can see nice ascending channel has been formed and now price has been pushed down to this channels support line. We believe price...
Hey guys, me again still learning forex been really analyzing the markets so any feedback is really appreciated as it helps me improve as we are in it together. - Really looking for some action in this one. market does seem bearish so im expecting a break and retest for the area however keep in mind your long opportunity too. - I will be looking to enter either...
Accumulation Zone Bearish Channel 0.902 Is critical zone and if broken and retested then next target 0.89 and then 0.87 Else 0.92 Incoming.. Weekly, Daily H4 resistance zone.. Doji candlestick. Wait for Breakout and Retest..
I predict price will break higher before dropping
Price has made its way to a huge reversal zone at 0.91500 which also lines up with the 0.61 fib level indicating it could either reverse or have a pullback at this area . As i am also expecting GBP to strengthen due to lock down measures being eased and the economy getting back on its feet it makes sense for me to be shorting this pair at this important level....
Buy on dips.. For more upside! 0.911 breakout!!
An update on previous EURGBP analysis in the past few days broke an eight months resistance and a possible uptrend can actually continue after a retest of the broken minor resistance
Price is currently consolidating in this area, I am waiting for price to breakout and break support before selling to the green area
Stop Loss: 0.9084 Entry Point: 0.9029 Target Profit :0.8872 Do not hesitate any question for clarification. Good Luck!
Buy at 0.90380 - 0.90400 or above Targets: 0.9600 - 0.9700
Watch this trend continuation pattern and Buy For Upside. ThankYou
EUR-GBP has broken the resistance of 0.90100 If it is able to sustain above this level, we will be buying on the pullback A new series of uptrend will continue Next target to watch will be: 0.91500