Attention Traders, In anticipation of tomorrow's trading session, our focus is on EURGBP, where we're closely monitoring a potential buying opportunity around the 0.86000 zone. EURGBP has recently broken out from a significant resistance level at 0.86000, signaling a bullish shift in momentum. Currently, the pair is undergoing a correction phase, retracing...
📉 Let's analyze the EURGBP currency pair together across lower time frames and explore possible strategies and scenarios. 💹 This currency pair tends to form boxes and mostly trades within ranges across various time frames. Whether in higher or lower time frames, it moves within both large and small boxes. 💼 For range traders, especially in the 4-hour time frame,...
*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
The pound tanking, I see a potential short - mid term gains for the EURGBP upto 0.8630/0.8640 - 0.8650. I expect to see some sort of retracement before sailing to targets 0.8630-40 in the short term. So on the look out for pullbacks during intra-day sessions.
This morning I shorted EURGBP. I spotted a test of a solid falling trend line on a daily, my confirmation to sell was a double top formation on an hourly time frame. Goals: 0.8558 / 0.8553 ❤️Please, support my work with like, thank you!❤️
Hello traders, we want to check the EURGBP chart. After breaking the channel and a strong upward movement, the price is making a correction to a key level. We expect this level to play the role of a support level and the price will maintain its upward trend and grow to around 0.86400. Good luck.
On EUR/GBP, it's nice to see a strong buying reaction at the price of 0.85659. There's a significant accumulation of contracts in this area, indicating strong buyer interest. I believe that buyers who entered at this level will defend their long positions. If the price returns to this area, strong buyers will likely push the market up again. The S/R zone from...
Considering that the price has crossed the resistance range, it is expected that the continuation of the upward trend will be formed according to the specified paths. The current uptrend is expected to advance to the specified resistance levels or the previous ceiling range.
Daily: - Hedge trade - Natural M (-68 FC) - Bullish M (-27 FC) almost tapped - Solide candle close - Clear S&D zone where bears could kick in Weekly: - MS: Bearish - FIB: Bearish - LCC: Bullish (no wick, good for selling) - ZONE: Bullish 4H: - Waiting on deceleration
The move to the upside was made, now the move towards the downside will be a movie...
one hour analysis to my dailly idea on eurgbp long. here u can see the wave 1 up from c and the a wave down from wave 2. up for b to the box. down for c to the lower box and then up fro wave 3
EURGBP rallied earlier in the week but reversed its course on Thursday after failing to clear trendline resistance at 0.8570, with prices dropping towards the 50-day simple moving average at 0.8550. The pair is likely to stabilize around current levels before mounting a comeback, but in the event of a breakdown, a dip towards 0.8520 and potentially 0.8500 could be...
Hello,Traders! EUR-GBP surged up sharply And the pair is locally overbought So as the pair is retesting A horizontal resistance level Of 0.8620 a local bearish Correction is to be expected Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
DAILY - Inverse head and shoulders - Bullish M (natural m) - Buying zone WEEKLY - Buying zone - Inverse HS 4 HOUR - Last zone of interest
EURGBP is Currently rejecting a strong support on H4 with Bollinger Bands along with the stochastic Oscillator giving us the confluence to go long. Proper risk management is applied in case the market breaks below the support.
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.
According to my analysis, EURGBP has been consolidating in big zone between 0 and 100 Fibonacci, and we can see we had a breakout of the consolidation zone, i can wen need a pull back to 100% Fibonacci the i will go long to my sell zone.