I would SELL now. Just a simple trend continuation setup.
As depicted in the chart, the EURGBP pair is within a long-term bearish channel and is nearing its upper boundary, where it may face downward pressure. Additionally, the price is currently trading at a significant resistance level that it failed to breach in its last attempt, suggesting a potential failure to break through again this time. If you've found...
The Euro, Europe's common currency, has emerged as a symbol of unity and strength in the European Union (EU). Since its inception, the Euro has played a pivotal role in fostering economic integration and stability among its member states. Introduced in 1999, the Euro replaced a myriad of national currencies, streamlining trade and financial transactions across...
0.8535 is our pivot point. Our preference Rebound. Alternative scenario Below 0.8535, expect 0.8523 and 0.8517. Comment The RSI is above 50. The MACD is negative and above its signal line. The MACD must break above its zero level to trigger further gains. Moreover, the price stands above its 20 period moving average (0.8543) but below its 50 period moving...
EURGBP WEEKLY Price has been in an inside bar since the 1st week of March. To determine the future price movement, we must wait for a breakout from this pattern. If the price breaks above the inside bar, it may move upwards towards the weekly (FVG+BPR). However, if it breaks below the inside bar, it may move downwards to take sell-side liquidity.
It is expected that the upward trend will start and cross the resistance zone. If the price stabilizes above the resistance range, the continuation of the upward trend will be more likely Otherwise, the correction and erosion process will be formed
This Weekly FORECAST Opportunity for EURGBP. This setup trading idea is for intraday. >> TAYOR Risk Factors: 1. Market conditions, unexpected news, or external events could impact the trade. 2. Always use risk management strategies to protect your capital.
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EURGPB is in Bullish trend making higher highs and higher lows.
Hi guys, this is my overview for EURGBP, feel free to check it and write your feedback in comments👊 Some time ago, price broke resistance level and started to trades in flat, where it declined to support level. Then price some time traded between $0.8570 - $0.8530 levels in flat and later declined to support line, breaking $0.8530 level. After this, GBP started...
It is expected that a trend change will be formed in the current support range and we will witness the beginning of an upward trend. By crossing the green resistance range, the continuation of the upward trend will be more likely If the price crosses the current support range, the downward trend is likely to continue
Regarding the previously posted EURGBP trade idea, this video provides an explanation of the thought process behind considering this trade opportunity. On the 1-hour timeframe for the EURGBP currency pair, the price has broken through the established structure to the downside. We can observe the formation of lower highs and lower lows, indicating a potential...
The EURGBP on the 1H time frame has broken structure to the downside we can see lower highs and lower lows and we're looking for an entry short on the retrace targeting previous lows as shown on the chart markup. For educational purposes only, not financial advice.
Long position valid. Dear subscribers, it would be interesting for you to receive prompt notifications, on a paid basis, about the opening of transactions and justification by me, so that in the future you can make your own trading decisions. If it's interesting, put +
Greeting Traders, in Daily chart a bearish channel is obvious! The same thing, but bullish, could be seen in 1h I think price while regarding the long-term analysis we are bearish, we could take small profits out of a correction. Just remember this trade is a little more riskier than others. Take less risk than your normal risk. Best regards,
Hello for today EURGBP after break I will sell in zone and target my TARGET as on analysis.
EURGBP: ECB representatives are creating pressure on EURO pairs Today in a press conference ECB's Stournaras said four rate cuts for this year seem reasonable...and that's not all Other comments: We need to start rate cuts soon Should not exaggerate the risk of a wage-price spiral This does not buy the argument that the ECB cannot cut rates before the Fed Four...
The EUR/GBP has been ranging between the 1st resistance and pivot point. The price might rise to pivot and react off the level, then drop towards the support level. Pivot: 0.85596 Support: 0.85000 Resistance: 0.85722 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose....