Euro / British Pound EURGBP

EURGBP short term trade down move

Stops Clear. Now ready to Fall. Looking for impulse Down!

seems like a fun intraweek trade put 40% of my trade portfolio in this and 60% in an EURUSD long so cya guys in 2 - 5 days :)

Strong resistance. Wait for Price Action like bearish Pin Bar to short

EURGBP is approaching our first resistance at 0.8782 (horizonal swing high resistance, 61.8% Fibonacci retracement) which coincides with our ascending pullback resistance line where price might potentially react off and drop to our support at 0.8713 (Horizontal swing low support, 61.8% Fibonacci retracement, 61.8% Fibonacci extension). RSI (34) is also reacting ...

Sell

short from .88100

EURGBP Long Set Up

Euro Weakness dragged EURGBP in previous week. Currently on lower bound of range, 0.873 Care on risks of dropping further below range.

I can see a forming Bearish 3 drive pattern....Once its complete, it's a strong sell.....

Let's go step by step. My previous Elliott Wave Count for EURGBP suggested rally up to current rate. Now, it's good time to have an updates Daily chart. We have long term Downtrend resistance in this area. Elliott Wave structure 61,8% Fibo resistance Diagonal in Wave (C) - looks like reversal structure. If you like my analysis, thanks for likes and comments! ...

RD

long setup

I marked with eclipse last lowest low with company of pin bar candle. These cable stick formations tend to be broken and lowest low should appear on chart sooner or later. It is quite good situation right now where pair has created double top with combination of head and shoulders formation on 1h chart. This par is trading in channel but in my opinion it is more ...

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 ...

Hello Traders! EURGBP is forming a flag and is good idea to sell position from the top and add all throughout the breakout Targets: 1.27 & 1.618

Hi there, Very nice breakout setup. Buy the breakout during ECB rate decision. In case price do not break up and test the bottom again we will look for buy at bottom again. Good Luck.

Feel free to take ideas but trade with your own mind. Follow me on my youtube channel: https://www.youtube.com/channel/UCqwPWl9KTvKI8FYTxTjA35A And on my FREE telegram group: https://t.me/BeSomebodyFX