In this Analysis, we can see some Buy or sell Levels that I shared, watch it carefully, and Follow Price action.Thanks
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...
This is my bearish trend idea. However, wait for a fall back to a key level after trend continue to downtrend momentum, because overall structure breakout and continue to downtrend. You can see it high time frame momentum. Good luck
I will be checking in on this chart as the week progresses to see if I will be favoring EURUSD or GBPUSD. Last week Euro had bullish momentum. We are coming into a potential rejection zone for EURO. If that is the case and we pair that with a bullish narrative on DXY, we should see accelerated movement lower on EURUSD. I will make updates to this post as well as...
We looking for buying opportunities as we broke the bearish trend resulting in a change of trend to the upside
This is my bullish trend idea. However, wait for clear trend continue moment and wait for trend continue after can entry. This is my opinion, not for any signal service. Good luck.
EURGBP rejected from a resistance zone and it Seems Good for a Sell Position!!
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...
Hi guys, this is my overview for EURGBP, feel free to check it and write your feedback in comments👊 Recently price bounced from support level, which coincided with support area, and declined to support line of triangle. GBP turned around and made strong upward impulse to resistance line, breaking $0.8610 and $0.8545 levels. But then price started to decline and...
Good Demand Area Price break previous structure Waiting for confirmation before taking long
💹 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...
SELL STOP at the given price with SL and TP. We will update the trade later.Just watch an eye over it. The impulse wave is downward.You can go to multiple timeframe(D,W,M) to observe it.We expect one more drop before going up.The Sell stop trade can also get cancelled if we go our new high.We will update the sell trade later. Fundamental Reason: Crowd are buying...
The EURGBP is currently experiencing a downtrend and exhibiting a Bearish rectangle pattern. In such circumstances, we may consider initiating a short position (Sell Stop) as the price breaks out from the bottom of the rectangle. Additionally, given the recent behaviour where buyers attempted to drive the price up over the past four candles, there's also a chance...
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
- Owner aims to accumulate enough shares to trade covered calls without constant market monitoring. - Recent activity involves taking profit on a long position and considering a short position. - Discussion includes analysis of NASDAQ's performance, potential shorting opportunities, and bullish sentiments. - Reference to buying the dip before another attempt at...
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...
The British pound slipped against the dollar, having risen the day before after the Federal Reserve's policy meeting, while investors were playing down the impact UK local elections on Thursday might have on the currency. The pound GBPUSD was last down 0.1% against the dollar at $1.2509, having risen 0.3% the day before after Fed Chair Jerome Powell ruled out...
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.