British Pound / Euro
Okay I have a couple of options here!! price rallied all the way from 0.82498 on the 14th April and broke a significant high at 0.85129 on 5th may Also stop hunted retail resistance above 0.85988 and we have the market looking for lower prices but because of that April-May Break of structure , I remain bullish within this price leg and i see multiple equal...
FX:EURGBP currently in a strong bullish on monthly, weekly and daily timeframe. Recently, price just made a breakout of resistance on daily. Waiting for price to retest on the broken resistance and further going up till the next resistance on H4. Risk : Reward = 1 : 2.5
Hey traders, in the coming week we are monitoring EURGBP for a buying opportunity around 0.849 zone, once we will receive any bullish confirmation the trade will be executed. Trade safe, Joe.
Our analysis is based on multi-timeframe top-down analysis & fundamental analysis Based on our view the price will rise to the monthly level DISCLAIMER: This analysis can change anytime without notice and it's only for the purpose of assisting traders to make independent investments decisions. Please this is a PREDICTION and I have no reason to acts on it and...
This pair will big trending downward after this setup since the Monthly timeframe is indicating change of the market's direction.
This is my bearish trend idea. However wait for a fall back to a key level after trend continue to downtrend momentum, because overall structure breakout and continue to downtrend. You can see it high time frame momentum. Good luck
The chart analysis is self-explanatory. Why you should follow me; - Clean Chart, - Clean Analysis - Daily price action update, - Good Minimum R:R 2:1 with stop-loss and target, - Educational purpose, - Money Management 1-3% Trade with good risk management because the market trend can change so fast. Analysis is based on recent data and valid if the...
EUR/GBP is trading to the upside today prior to the CFTC EUR speculative net positions. We anticipate a bullish move up to level 0.86503
Wave analysis requires constant monitoring as wave types, volumes may require one to update short term orders. The overall view is clear. Good luck!
Last week had good idea at first and then changed mind. The shape of the channel shows are are near support 0.8494 and further down cloud support 0.8454. The stochastic 4-hourly chart is positive and it feels it may push the pair higher. Strategy BUY current @ 0.8505 and place stop-loss @ 0.8430 and profit order @ 0.8678.
Looking for Buy Limit position from 0.84600 price level and targeting 0.86500 price level.
I have been watching this pair for a while and on the daily chart i suggest we should see it come down to 0.835 from the double top that has appeared. I understand its quite a decent way to travel and it wont be a straight line, im predicting it should get there within a week.. #EURGBP
The price is expected to fluctuate above the current support range and then continue to rise.
In this analysis and update, I make an analysis in H4 timeframe and I see a bearish opportunity to find down. So, we're into this symmetric triangle, but looking in this timeframe the price could to make the reversal to goes to the up trend line around 0.8460 GBP. This it's a good opportunity to short EUR/GBP in this timeframe, the're not any bullish signal as...
EURGBP has reach the resistance level, imho, this pair will retrace to support but the trend break out, I think only minor retrace and will continue strong when reach the support level. always use stoploss to minimize your risk. Happy Scalping!
Newbie trader here. And I want to know if this is a correct analysis. Please let me know. thanks
If i'm right, HOW is in already. We should test 0.8468 or lower. My 2 cents