Euro / British Pound

FXCM

EURGBP

Hello Traders! EURGBP is now in the falling channel + the trend is falling, but recently there has been a small false break of this channel, so I predict an increase to the upper line of the channel, after which there will be a fall to the support level of 0.875

hey traders, on EURGBP we have a perfect example of a descending triangle in a bearish trend. it is a very classic reversal pattern indicating a weakening bearish momentum. We trade it waiting for a bullish breakout of a horizontal structure resistance to long the market. Stop 0.8815 T1 - 0.887 T2 - 0.889

We can be looking for Sell entry in Support/Resistance Zone if the price will make a pullback to it. Potential profit will be in 3...5 times bigger than risk. Before to trade my ideas make your own analyze. Write your comments and questions here! No need to write them in PM. Thanks for your support!

Price is bouncing from 0.68 retracement and may move higher to test descending trendline.... where 0.50 retracement and horizontal support is also located.

Buy Limit @ 0.8815 Protective Stop Loss @ 0.8785 Take Profit @ 0.8875 Rationale: Buy Un-Filled Orders (Green UFO ) available in the 2h time-frame Sell Un-Filled Orders (Red UFO ) further above allowing for the current trend to continue developing Boosting Options: Higher time-frame moving average values or Fibonacci retracements coinciding with the entry...

Buy Limit @ 0.8815 Protective Stop Loss @ 0.8785 Take Profit @ 0.8875 Rationale: Buy Un-Filled Orders (Green UFO ) available in the 2h time-frame Sell Un-Filled Orders (Red UFO ) further above allowing for the current trend to continue developing Boosting Options: Higher time-frame moving average values or Fibonacci retracements coinciding with the entry...

EURUSD - SHORT GBPUSD - SHORT GBPAUD - SHORT EURNZD - SHORT EURGBP - SHORT

buy to resistance , sell to support price action

entry to sell = if the bullish channel is broken down tp is shown in fig sl = above the blue zone To find ways to connect with me = come to private chat

TIMING IS VERY IMPORTANT AND PLS DO YOUR ANALYSIS

EURGBP UP

POSSIBLE SELL : LOOK FOR SELL TO WAVE E AND FROM WAVE E WE CAN LOOK FOR A BUY TO END THE CORRECTIVE WAVE

EURGBP rejected 0.618 daily fib level. If we see a candleclose above 0.88400, we could find possible long entries. Next target is the 0.50 daily fib level. Good risk reward ratio on this one. ( risk 1, get 2 )

Tendency: Downtrend (see link below for a weekly chart overview) Basis: Downtrend channel Observation: Price breaks and rejects major support (now resistance) @ 0.88500 Trading possibility: SELL with a potential TP @ 0.87200/0.87000 zone and SL @ 0.89200 Telegram: t.me Whatsapp: +2348164343827

Euro is set to test the upward band of the falling channel ahead of the week's important developments that may create fluctuations for the pound. 0.8870 that aligns with the 50 EMA is in the focus as the price moves up. We might later watch 0.8900 as a solid line of resistance.

SELL SELL SELL

Analysis

Buy