Today, we will analyze EURGBP Specific explanations are provided for each zone and movement on the chart. If you have any opinions, feel free to share them in the comments section. Please note that this analysis is not intended as financial advice. Each individual should assume responsibility for their own trades. The purpose of this post is to provide ideas...
Today, we will analyze EURGBP Specific explanations are provided for each zone and movement on the chart. If you have any opinions, feel free to share them in the comments section. Please note that this analysis is not intended as financial advice. Each individual should assume responsibility for their own trades. The purpose of this post is to provide ideas...
Hey Traders, in the coming week we are monitoring EURGBP for a selling opportunity around 0.86000 zone, EURGBP is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.86000 support and resistance area. Trade safe, Joe.
✅EUR_GBP is going down to retest a horizontal support of 0.85516 Which makes me locally bullish biased And I think that we will see a rebound And a move up from the level Towards the target above at 0.85671 LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Hello friends. Based on the indicated channel, and the reaction we had, I expect to rise to the indicated diagonal line. what is your opinion? Good luck. # Let's look simply
Please, check our technical outlook for EURGBP. Time Frame: 3h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a key horizontal level 0.859. Considering the today's price action, probabilities will be high to see a movement to 0.857. P.S Overbought describes a period of time where there has been...
Dear reader, I expect EURGBP to trade quite silently. I'm only going to go over technical's, since I'm taking a day trade on this vs swings like I'm used to do for some of my shared research. I expect EURGBP to consolidate until NY session and open up to the clean range. I have no intention to take a trade If price goes downwards, simply because I think that...
EURGBP is approaching a major resistance level and dynamic resistance. Price is in a bearish trend, and it's pulling back against the major trend. The market printed a bearish harmonic pattern, which adds more confluence to the level. We anticipate a sell off and bearish move. ------------------- Share your opinion in the comments and support the idea with...
Sell Entry:038580 (Now) Stop: 0.85929 TP: 0.85552 (RR = 2)
EURGBP Bearish As 4H SMC Structure, The POI Is Unmitigated Wick.
EUR/GBP declined steadily below the 0.8585 and 0.8570 support levels. Important Takeaways for EUR/GBP Analysis Today EUR/GBP is trading in a bearish zone below the 0.8585 pivot level. There is a connecting bearish trend line forming with resistance near 0.8570 on the hourly chart at FXOpen. EUR/GBP Technical Analysis On the hourly chart of EUR/GBP...
As long as the price fluctuates below the green resistance range, the downward trend is likely to continue By crossing the green resistance range, it will be possible to continue the upward trend up to the red resistance range
EUR/GBP is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 0.85712 which is a pullback support. Stop loss is at 0.85400 which is a level that sits under a pullback support. Take profit is at 0.86171 which is a pullback resistance that aligns close to the 38.2% Fibonacci retracement level. High...
The euro’s gain against the pound has been stronger so far this week compared to the US dollar. One of the main factors in focus is that it’s not clear when or even whether the ECB will start to cut rates this year, while the BoE and the Fed are nearly certain and very likely to cut at least once each before the end of the second quarter. However, expectations for...
Hello traders, I want share with you my opinion about British Pound. Looking at the chart, we can see how the price a few days ago started to trades in an upward channel, where it first some time traded near the 0.8570 support level, which coincided with the buyer zone and then bounced up. After this, the price made a correction to the support line, and then it at...
From this pair I see short term sells on the m15 timeframe. I see that there is a SMC trap just above the major low. The POI is at a supply zone, that is why it is a good entry point. The pair is in a bearish momentum, so there is no use in us trying to long it. This is for the scalpers. I have set the following: Sell Limit @ 0.86113 SL @ 0.86185(7.3 pips) Tp1 @...
Hi there, There is a bearish trendline break and retest at the H1 EURGBP pair, and bearish pressure is high at the 0.86324 area. The setup will be valid as long as the price remains below 0.86535 for the major break of that low. The closest target is 0.85964, for a bias of 0.85670. Happy Trading K.