EURGBP had been trading within a large horizontal range on a daily basis for over a month. However, last week, the price successfully broke above its resistance level, indicating strength from the bulls. The price is now testing the previously broken structure and is expected to continue rising. Potential targets are at 0.8602 and 0.8619.
EURGBP 30MIN R:R = 3 RBR ZONE : This zone is calculated by supply and demand method
The EUR/GBP pair on the M30 timeframe presents a potential buying opportunity due to the presence of a well-defined bullish pennant pattern. This pattern often suggests a continuation of the prior uptrend after a brief consolidation phase. Key Points: Buy Entry: Consider entering a long position (buying) around the current price of 0.8576, positioned near the...
buying opportunities as the price breaks above and now fills all the rejections it might continue to push up if price breaks on 0.85600 the the long opportunities are now violated thus we wait for daily close on the trendline
Pair : EURGBP ( Euro / British Pound ) Description : Falling Wedge as an Corrective Pattern in Short Time Frame RSI - Divergence Break of Structure Consolidation Phase Completed " 12345 " Impulsive Waves
EURGBP has showed solid buying at demand zone and on lower time frame it's break the neckline after the conjunction for few weeks. we are going to target the current supply and our SL will be recent low. Thank you for reading.
- Price at resistance zone with Bearish Pin-bar Candlestick Pattern. - Also On the daily chat, the last Candle at this zone is also a Bearish Pin-Bar
Market couldnt break that zone so we expect market to go back to the zone that started the move. take partial profit when the market get to zone highlighted below hope you find this useful trade carefully tell me what you think in the comment section trader ernest
As long as the price is above the green support range, the upward trend will continue. By consolidating above the current support range, confirmation of the uptrend will be formed
EURGBP is making double bottom with bullish divergence on daily time frame which indicate its trend reversal
As the title says, this is what I am expecting. Many reasons why... S T U D Y
Hi folks today I'm prepared for you British Pound analytics. A few moments ago, the price rebounded from support 1 and made a strong impulse down to the trend line, breaking support 2, which coincided with the support zone. Also then, GBP started to trades in a triangle, where it turned around from the trend line and in a short time rose to support 2, broke it,...
Yeah that looks like it going down on the HTFs. Dont like this pair, tends to consolidate a lot. Not my cup of tea you know...
EURGBP - Classic bearish setup - Our team expects bearish continuation SUGGESTED TRADE: Swing Trade Short EURGBP Entry Point - 0.8579 Stop Loss - 0.8594 Take Profit - 0.8551 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
EURGBP is exhibiting bullish signals on the daily timeframe. A discrepancy has emerged, leading to the formation of a double bottom pattern, with the price having already surpassed the neckline. Trade Strategy: Entry: CPM Stop Loss: 0.84967 Take Profit: 0.86861
Today finds us at the European Summit of the Eurozone Council, a biannual meeting held in Brussels to set the rules for stability, coordination, economic governance and monetary policy in the union. This morning, German business climate data and releases from President Nagel of the German Bundesbank will be released, along with UK retail sales data. This will...
Rising to the Top! 🚀 EUR/GBP continues its upward trajectory, signaling potential gains ahead.
FX:EURGBP on the background of stronger decrease of GBP than EUR, connected mainly on the background of economic and geopolitical factors allows the currency pair to break the resistance of consolidation. Globally, the currency pair is in neutral-negative condition, as there is no clear trend, at the same time a wedge and symmetrical triangle are traced on the...