British Pound / Euro
Hello, Friends! After some time of sending us mixed signals EUR/GBP is finally giving us a solid bearish bias And judging by the price action at the lower timeframes The pair is about to go down! SELL! ✅LIKE AND COMMENT MY IDEAS✅
Hey traders, in this week we are monitoring EURGBP for a buying opportunity around 0.841 zone, once we will receive any bullish confirmation the trade will be executed. Trade safe, Joe.
EUR FUNDAMENTAL BIAS: NEUTRAL 1. Monetary Policy The ECB used the April meeting as a place holder meeting for the most part by not announcing any additional policy tweaks. The plans to phase out the APP into Q3 remained intact by reducing purchases from 40bln to 30bln in May and then down to 20bln in June. Markets were leaning towards a slightly more hawkish...
in this video, we go over-analysis of EURGBP and I share my overall analysis. And this pair is in an overall bullish trend I still expect the price to move up in the long-term.
✅EUR_GBP surged again to retest the resistance But it is a strong key level So I think that there is a high chance We will see a bearish pullback and a move down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
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EURGBP is ranging perfectly between a parallel descending channel. The nice thing about this pattern is that each wave has an ABC corrective pattern which has been highlighted in ABC. We can see that we're currently on the 5th and final wave, which is the E wave. After this wave, we're expecting a major bullish reversal. In the meantime, we can still trade...
On EUR/GBP is nice to see strong buying reaction from the price 0.8414 , there is nice to see strong volume area.... Where is lot of contract accumulated... I thing that buyers from this area will be defend this long position... and when the price come back to this area, strong buyers will be push up the market again... Rejection of lower prices + Strong...
Prices are still hovering near the descending trend-line level at 0.8470/90. A weekly close above here will accelerate the upward move that can drive prices higher toward 0.8620 and 0.8740 through 0.8530 and 0.8575. We recommend building long positions at market with a stop loss level at 0.8327.
Clearly see CHoCH and trade Buy after BOS for confirmation entry. Good luck guys!
EURGBP continues to produce higher highs and higher lows, validating the uptrend. This week's price is near the demand area, which will start to attract buyers.
Time for a educational post from me. At some point as traders we have all had the thought of how long will it take to double my account. The rule of 72 is the easiest way to work that one out. The rule of 72 is a handy mathematical rule that helps in estimating approximately how many years it will take for an investment to double in value at a specified rate of...
⚠️ Do your research and apply proper risk management as nothing is guaranteed in forex trading. As we have often said, this is a high risk venture and past performance is not indicative of future results. Trade Responsibly!
EUR FUNDAMENTAL BIAS: NEUTRAL 1. Monetary Policy The ECB used the April meeting as a place holder meeting for the most part by not announcing any additional policy tweaks. The plans to phase out the APP into Q3 remained intact by reducing purchases from 40bln to 30bln in May and then down to 20bln in June. Markets were leaning towards a slightly more hawkish...
Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
Monthly: Did a false break and is now pushing up Weekly: Bullish M Daily: Bullish M M formation 4H: Bullish M + inv h&s Sentiment: against us (58% long, 42% short)
Hey traders, in the coming week we are monitoring EURGBP for a buying opportunity around 0.845 zone, once we will receive any bullish confirmation the trade will be executed. Trade safe, Joe.
EUR FUNDAMENTAL BIAS: NEUTRAL 1. Monetary Policy The ECB used the April meeting as a place holder meeting for the most part by not announcing any additional policy tweaks. The plans to phase out the APP into Q3 remained intact by reducing purchases from 40bln to 30bln in May and then down to 20bln in June. Markets were leaning towards a slightly more hawkish...