It is essential that we apply multitimeframe technical analysis and there is no better example of why that is the case than the current EURGBP chart which, if analyzed properly, clearly points in the upward direction. ❤️ Please, support our work with like & comment! ❤️
Hey Traders, in today's trading session we are monitoring EURGBP for a selling opportunity around 0.85600 zone, EURGBP is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.85600 support and resistance area. Trade safe, Joe.
My dear friends, EURGBP looks like it will make a good move, and here are the details: The market is trading on 0.8553 pivot level. Bias - Bullish Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market. Goal - 0.8590 Recommended Stop Loss - 0.8536 About Used...
EURGBP may continue its fall as the market breaks support after a retest. A weak market on the euro side could give way further. For now, it is worth waiting for consolidation below 0.855 to continue the fall. Overall, the global trend is changing and this opens bearish perspectives. Reasons for further declines: 1) The Euro is weakening to the point where it...
Preferred direction: SELL Comment: Metals , as well as major currency pairs, are prone to fall against the US dollar. Silver has already blocked the nearest targets for the fall, and most likely you can count on a small downward impulse. The situation with gold is more complicated. Here, for now, the instrument is not in a hurry to fall so much after...
Preferred direction: SELL Comment: The British pound starts the week also unchanged, here we still expect a fall towards the levels of 1.26000 and 1.25000 . The pound stood out for its larger upward correction against the dollar, but this currency pair has been looking more for a sell-trade. Particular attention is paid to intraday time periods, where...
Preferred direction: SELL Comment: At the start of the new trading week, our market mood remains unchanged. Last week passed virtually without changes in medium-term trading. The priority for purchasing American currency remains. In principle, everything is formed for the euro , and we are ready for a fall. However, only the market itself knows when exactly...
EUR/GBP is trading close to a pullback support and could potentially break above a descending trendline to make a bullish rise to the upside. Buy entry is at 0.85700 which is a potential bullish breakout level (wait for price to break through the descending trendline for confirmation). Stop loss is at 0.85350 which is a level that sits under a pullback...
Hello traders! ‼️ This is my perspective on EURGBP. Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I am looking for short. I want price to make a retracement to fill the imbalance higher and then to reject from bearish order block + institutional big figure 0.86000. Fundamental news: On Thursday will see results...
EURGBP, after recent massive bearish rally, EURGBP is now trading in range and perfectly testing the lows and highs of the range. Ranges are best in a sense just buy the support and sell the resistance. Currently the price is at support level and seems like a fine buying opportunity.
Preferred direction: BUY Comment: The Japanese yen is most likely going to update last year's high; this is, surely, a longer-term target. About a more short-term idea, we expect the US dollar to continue to strengthen. At the moment, the limit buyer continues to support growth for this pair. We highlight two scenarios for ourselves. Growth should not be...
EURGBP broke a resistance line of a falling parallel channel after a test of a key horizontal support. I bought the pair on a retest of a broken trend line. I expect a pullback now at least to 0.8579 ❤️Please, support my work with like, thank you!❤️
✅EUR_GBP is making a Pullback from the horizontal Resistance of 0.8590 So I think that the Pair will go further down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Here is our detailed technical review for EURGBP. Time Frame: 9h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is trading around a solid horizontal structure 0.855. The above observations make me that the market will inevitably achieve 0.858 level. P.S The term oversold refers to a condition where an asset...
My dear subscribers, EURGBP looks like it will make a good move, and here are the details: The market is trading on 0.8555 pivot level. Bias - Bullish My Stop Loss - 0.8537 Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 0.8591 About Used Indicators: The average true range ATR plays an...
Hello Traders, here is the full analysis. Watch Potential bullish reversal levels for BUY. GOOD LUCK! Great BUY opportunity EURGBP I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the comments....
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!✅