We posted this last week and hit the target but what's coming next is even way better.we will look for sniper entries to the upside only
EURGBP initially began the year in a fairly well-defined trading range but showed bullish impetus after breaking out of the consolidation pattern. However, bullish momentum appeared lacking, as the pair struggled to maintain a steady directional move and has since shown a penchant towards mean reversion. 0.8635 proved too high to handle for the pair previously...
Considering that the support range has been broken, it is expected that the downward trend will start in the long term. If the price crosses the support range, the downward trend will continue
Market Analysis: EUR/GBP Struggles EUR/GBP declined steadily below the 0.8565 and 0.8550 support levels. Important Takeaways for EUR/GBP Analysis Today EUR/GBP is trading in a bearish zone below the 0.8565 pivot level. There is a connecting bearish trend line forming with resistance near 0.8540 on the hourly chart at FXOpen. EUR/GBP Technical...
Considering that the support range has been broken, it is expected that the downward trend will start in the long term. If the price crosses the support range, the downward trend will continue
This is just simple trading idea draw into chart using labels and lines. Please use it as educational purpose and you are free to modify any
The eurgbp pair is getting close to an extremely solid parallel support zone, where there is a good likelihood that it will move in a bullish direction similar to the last one. The price has confirmed my prediction over the past three to four times, and it is now heading toward the same area where there is a greater likelihood of a bullish move. Near the zone,...
This market has been bearish for quite a while based on the daily TF. We could see a buying opportunity based on the 4HR TF showing a possible reversal chart pattern. Feel free to share your views.
Since May 14, 2024, the EUR/GBP pair has been in a downtrend, but recent technical indicators suggest a potential reversal. The price has formed a bullish divergence at a key support level on the daily trendline, accompanied by a double bottom pattern and the completion of an ABCD harmonic pattern with divergence at point D. This confluence of bullish...
✅EUR_GBP went down to retest a horizontal support of 0.8530 Which makes me locally bullish biased And I think that a move up From the level is to be expected Towards the target above at 0.8547 LONG🚀 ✅Like and subscribe to never miss a new idea!✅
EURGBP is in strong Bearish Trend by printing series of LH and LL
EURGBP has formed a falling wedge reversal pattern signalling a bullish trend reversal. The bullish harmonics pattern also indicates price reversal soon.
EURGBP Harmonic Pattern Long Trade EURGBP Bullish Idea Instant Entry or at Breakout of B point and new Higher High.
50/50 chance of working. But extreme RR makes it worth buying some inventory. I have allocated 10% risk
My dear friends, My technical analysis for EURGBP is below: The market is trading on 0.8543 pivot level. Bias -Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 0.8564 Recommended Stop Loss - 0.8528 About Used Indicators: A pivot point is a technical analysis indicator, or calculations,...
EUR/GBP is currently exhibiting a bullish technical setup based on a harmonic pattern and RSI divergence, suggesting a potential upside move. Harmonic Pattern Setup: A bullish butterfly pattern is forming on the EUR/GBP chart. Point D of the pattern, also known as the Potential Reversal Zone (PRZ), is nearing a key support area. This confluence strengthens the...
Please, check our technical outlook for EURGBP. Time Frame: 1h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 0.854. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 0.855 level. P.S The term oversold refers to a...
long-term swing trade call daily timeframe EURGBP is in bullish channel testing the lower bottom near month low bullish diversion fundamental analysis Buy sentimental analysis Buy technical analysis BUY TRADE DETAILS BUY CALL ENTRY 0.8547 STOPLOSS 0.8527 TP1 0.8576 TP2 0.8600