Euro / British Pound EURGBP

EURGBP is approaching its support at 0.8863 (50% Fibonacci retracement, horizontal overlap support) where price could bounce up to its resistance at 0.8930 (38.2% Fibonacci retracement, horizontal swing high resistance). Stochastic (55, 5, 3) is testing its support at 3.9% where a corresponding bounce is expected.

EURGBP

pleas Pay attention to thees strong levels

analysis

BUY EURGBP 0.88660 TP - 0.900 SL - 0.88350

Buy above 0.8863. Stop loss at 0.8820. Take profit at 0.8930. Reason for the trading strategy (technically): EURGBP is approaching its support at 0.8863 (50% Fibonacci retracement, horizontal overlap support) where price is expected to bounce up to its resistance at 0.8930 (38.2% Fibonacci retracement, horizontal swing high resistance). Stochastic (55, 5, 3) is ...

Whats up guys, see the explanation on the chart - expecting a continuation of the down trend on this pair. Contact me today for more information.

Trade Alert After breaking its short-term upside trendline, EURGBP continues to travel south, in search of the next good area of support. Recently, the pair found support near the 0.8875 level, a break of which could set the stage for a test of the 0.8855 hurdle, marked by the low of the 2nd of August. If that hurdle is not able to withhold the pressure from the ...

Downtrend continuation? Trend - Near term downtrend Level - Previous low level Signal - Small bearish pin bar Entry - 0.88896 Stop loss - 0.89137 Target - 0.87696 (4.98R)

Hi Everyone, EURGBP has started to fall from the hill. MORE to COME This chart is same like the last one. Watch 4hr time frame breakout and look for sell on the breakout of before the breakout. In case we dont see breakout and price retest the top again then we will be seller again from top for longer term. Huge potential is there. This can be a longer ...

Ahead of the Brexit scheduled events including 18 September General Affairs Council, 20 September informal EU summit and the 30 September-3 October Conservative party conference, the cross likely to swing on the headlines. We expect this week’ macroeconomic is unlikely to support the GBP. Hence, EURGBP’s weekly outlook remains neutral; a cluster of support zone ...

Analysis in the chart and good luck all guys!

Inspired by an indicator I found on stevehopwoodforex.com and the endless possibilities of tradingview.com I came up with this currency strength visualisation concept. *Please hit the zoom-out button once* (or more if you're feeling wild) This may look like a mess, but the last few "bars" on the chart are holding some useful information! I'm sure I'm not the ...

H4: - Structure: Downtrend - Tendency: Downward - Present: Breakout trendline, Below resistance, Sideway, pattern narrow. --> Sell

Hey Everyone, EURGBP is Now Overbought on H4 chart and expected to drop as it's entering Supply Zone, Daily LONG Target has been reached which means dropping of this asset is expected, through Trendline resistance it's quit possible to break and reach for the top but our Stop Loss is at optimal level to trade at current price, 0.90325 is by far the heaviest supply ...

EURGBP forms bearish engulfing and long legged doji patterns at 0.8985 and 0.9010 levels that plummets prices below DMAs, amid this bearish sentiment, the pair is attempting to breach below strong support at 0.8899 levels. For now, more slumps seem to be on cards upon bearish DMA & MACD crossovers, and both leading oscillators substantiate intensified bearish ...

EUR/GBP recovery fails to hold break above 50-DMA. Pair slips lower from session highs at 0.8937. Price action is holding support at daily cloud, break below will see extension of weakness. Technical studies are highly bearish. Stochs and RSI are sharply lower and MACD and DMI support downtrend. Break below cloud top will see test of trendline support at 0.8860 ...

TP1 = 0.89670 TP2 = 0.89997 TP3 = 0.98704 Wait for the 5 & 9 ema to Cross to confirm the entry of the trade. SL - to be used at own discretion