Euro / British Pound EURGBP

EURGBP is approaching our first support at 0.8861 (horizontal swing low support, long term ascending support line, 61.8%, 50% Fibonacci retracement) and a strong bounce might occur above this level pushing price up to our major resistance at 0.8955 (horizontal overlap resistance, 38.2% Fibonacci retracement, 100% Fibonacci extension). Stochastic (89,5,3) is ...

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 ...

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 ...

Simple setup on EURGBP, stochastic oversold line up with huge support line.

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)

Bullish Bat - 1.0 R/R ratio !

EURGBP(4hr chart). Bullish Butterfly.

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EURGBP

EURGBP Long

Close 50% of your trade when we reach TP1 and move your stop to the entry point

Hello Traders There's another sell opportunity on this bearish pair. We've been in a rising channel which we will get a breakout. Currently price is forming a flag and there's more selling opportunities than buy. Trade safe

EURGBP is approaching our first support at 0.8885 (horizontal overlap support, 100%, 61.8% Fibonacci extension, short term ascending support line) and a strong bounce might occur above this level pushing price up to our major resistance at 0.8943 (horizontal overlap resistance, 38.2% Fibonacci retracement, 61.8% Fibonacci extension). Stochastic (89,5,3) is also ...

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 ...

EURGBP is approaching its support at 0.8891 (100% & 61.8% Fibonacci extension, 50% Fibonacci retracement, horizontal overlap support) where price could bounce up to its resistance at 0.8950 (38.2% Fibonacci retracement, horizontal overlap resistance). Stochastic (55, 5, 3) is approaching its support at 4.4% where a corresponding bounce could occur.

If we had a short order just below the support level, we would have made a nice profit on this trade. Once the pair falls below the support, it tends to make a move that is about the size of the rectangle pattern.

a potential cypher pattern is setting up. I am going to execute long if the reversal signal appears within the reversal zone.

At the end of August 2018, we saw a strong reversal on EURGBP. The market failed to break resistances around psychological level 0.9000 and created a massive engulfing pattern after which the market stopped for a while at the trendline and then while breaking trendline, the pattern 123 was confirmed. Now the market is very bearish and there are no signs of EURGBP ...