The GBP/EUR pair has reached a sell zone, currently trading at 1.1650. This indicates a favorable moment for selling the pair. Traders may consider setting multiple take profit levels to capitalize on potential downward movements: at 1.1644, 1.1635, and 1.1625. These levels provide strategic exit points to lock in profits as the exchange rate depreciates. To...
💹 Let's review and update our previous analysis of the EURGBP currency pair returning to the box. 🕰️ In higher time frames, we are still observing a range-bound movement, similar to lower time frames. This type of logical oscillation is expected given the policies of the UK and Europe, resulting in minimal fluctuations between these currencies. 🌟 As previously...
#EURGBP UPDATE Hey team hope you all are enjoying our ideas and analysis. Now we are here to discuss about EURGBP. EURGBP is at a strong support level. This is getting a good bounce here. We can see gain here upto 100Pips+ in this move. Keep in touch we will update further soon.
EURGBP The numbers and areas mentioned on the chart are based on breakthroughs or consolidation on them with four-hour and hourly candles. Do not risk more than 1.5% of your capital. Good luck!"
The current situation in the EUR/GBP market indicates a notable demand zone, primarily centered around the 0.85800 level. This zone suggests a significant level of buying interest or support for the euro relative to the British pound. Additionally, there are notable demand levels at 0.85600, 0.85200, and 0.85000, further indicating areas where buyers are actively...
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Hello Everyone, Short-term prospects suggest selling EUR/GBP, while long-term prospects indicate buying. The monthly support level is anticipated to provide stability and shift the overall momentum in the market. TradeWithTheTrend3344
My dear friends, Please, find my technical outlook for EURGBP below: The price is coiling around a solid key level - 0.8553 Bias - Bearish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 0.8545 About Used Indicators: The pivot point itself is...
If the price fluctuates below the current resistance range, it is expected that the continuation of the downward trend will be created by breaking the support range. If it stabilizes above the resistance range, the above scenario will be invalid
Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX If you like the idea, do not forget to support with a like and follow. EURGBP TREND-FOLLOWING. 📚 👉As we can see price is still and clearly overall bullish from a medium-term perspective, trading inside this rising broadening wedge pattern. 👉Meanwhile, price is sitting around our lower rising...
Hello traders, we want to check the EURGBP chart. The price has reached a well-defined support level that it has reacted to several times in the past. We expect the price to grow to around 0.85600. Good luck.
Here I have EUR/GBP on the 4 Hr Chart! Ever since its visit at the Support Zone @ ( .8534 - .8528 ), Price has been steadily making Higher Highs and Higher Lows with the most significant High in the Price Action being Friday's High reaching the Resistance Zone @ ( .8586 - .8581 ) on the release of LOWER than expected NFP numbers for USD ( 175K Actual - 238K...
We looking for buying opportunities as we broke the bearish trend resulting in a change of trend to the upside
EURGBP has been trading in a strong Bearish Trend, printing new LLs and LHs. Following Bullish Divergence on the 1 Hour TimeFrame, a strong Double Bottom Pattern has emerged, hinting potential reversal to a Bullish Trend. If a breakout of the neckline at the 0.85574 level is seen, price can potentially move close to the 0.86170 level. Trade Plan: Long Entry:...
Hello fellow traders It looks like a good time to buy EURGBP because the trend is going up. Just remember to keep an eye on the market in case things change. Also, make sure to protect yourself by setting stop-loss orders below the support zone to avoid big losses if the market suddenly goes down. If you like my analysis don't forget to like and follow :)
In Daily time frame, the price got supported by a short term channel bottom line. Slow Stoch and RSI both are in a over sold level, crossed and turned to North. The price would turn to North and moving in a big sideway channel. Stop long trade if the price break out the short term channel bottom line area.
EURGBP rejected from a resistance zone and it Seems Good for a Sell Position!!
EURGBP is in bearish trend, making lower lows and lower highs but now divergence is creating. it is most likely it will change the trend after breaking lower high.