Preferred direction: BUY Comment: As we expected, the price went to 1.11861 and rebounded a bit before reaching the level. So far, the price area near the level of 1.11861 is showing itself as a good support. In the short term, it is assumed that this trend will continue, and the instrument will head towards the round-psychological barrier 1.13000. Thank you...
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 see price to reject from bearish order block + institutional big figure 0.86000 after filling the imbalance. Fundamental analysis: Tomorrow we have news on GBP, will be released yearly...
EURGBP is bearish and is currently retesting weekly overall trend is bearish daily is bullish 4hrs is bullish with entry confirmation
My dear friends , My technical analysis for EUR/GBP is below: The market is trading on 0.85923 pivot level. Bias - Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 0.86110 About Used Indicators: A pivot point is a technical analysis indicator, or calculations, used to determine the overall...
The analysis of the EURGBP chart clearly shows us that the pair is finally about to go up due to the rising pressure from the buyers. ❤️ Please, support our work with like & comment! ❤️
Preferred direction: BUY Comment: The area around the level of 1960 is clearly interested in the buyer, a confident buyout of sellers indicates a likely imminent upward impulse to 1981.680. We noted this level in previous ideas. Today and tomorrow, a serious news background is expected, which, together with other factors, can realize the next cycle of a...
Preferred direction: BUY Comment: Buy-priority is also maintained for the British pound. Level 1.31941 is in the focus of buyers' attention. Given the news background and the accumulation of volumes for sale, in the near future the price will most likely be there. Thank you for like and share your views!
Hello,Friends! Previous week’s green candle means that for us the EUR/GBP pair is in the uptrend. And the current movement leg was also up but the resistance line will be hit soon and upper BB band proximity will signal an overbought condition so we will go for a counter-trend short trade with the target being at 0.854. ✅LIKE AND COMMENT MY IDEAS✅
EURGBP is rising towards a key overlap resistance that aligns with the 38.2% Fibonacci retracement level. Price could hit the sell entry at 0.86486 and potentially reverse from this level to drop lower. Take profit is at 0.85102 which is a recent swing-low support. Stop loss is at 0.87286 which is an overlap resistance that aligns with the 61.8% Fibonacci...
EURGBP is rising towards a key resistance and could potentially reverse from here. We could see price drop down to our take profit target. Entry: 0.86487 Why we like it: There is an overlap resistance that aligns with the 38.2% Fibonacci retracement level Stop Loss: 0.87323 Why we like it: There is an overlap resistance that sits aligns with the 61.8% Fibonacci...
EURGBP formed an inverted h&s pattern on 12H time frame. Its neckline was broken. The pair will most likely go higher now. Next goal - falling trend line. ❤️Please, support my work with like, thank you!❤️
Hello Traders EUR/GBP has finalized its long correction phase. So we expect some sharp moves in EUR/GBP in the next few days. Our technical view has been shown in the chart. If you like it then Support us by Like, Following, and Sharing. Thanks For Reading Team Fortuna -RC (Disclaimer: Published ideas and other Contents on this page are for educational...
Price broke and retested our bearish trendline. It formed bullish move and reached 0.86000 zone. This zone could act as a resistance, so it is possible to see move down.
Preferred direction: Neutral Comment: For this currency pair, the best option would be to stay aside from selling. Buying is allowed with minimal risk, as a small movement against sellers is expected in the near future. In addition, the price is close to the daily resistance 1.11861, so far it is too early to say that the buyer has consolidated above this...
Please, check our technical outlook for EURGBP. Time Frame: 12h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 0.858. Taking into consideration the structure & trend analysis, I believe that the market will reach 0.863 level soon. P.S We determine oversold/overbought...
EUR/GBP is eyeing more gains above the 0.8575 resistance zone. Important Takeaways for EUR/GBP Analysis Today EUR/GBP started a fresh increase from the 0.8500 zone. There is a major bullish trend line forming with support near 0.8565 on the hourly chart at FXOpen. EUR/GBP Technical Analysis On the hourly chart of EUR/GBP at FXOpen, the pair started a...
Hey Traders, in tomorrow's trading session we are monitoring EURGBP for a buying opportunity around 0.85600 zone, EURGBP is trading in an up trend and currently is in a correction phase in which it is approaching the trend at 0.85600 support and resistance zone. Trade safe, Joe.
Hello,Friends! EUR/GBP pair is in the uptrend because previous week’s candle is green, while the price is obviously rising on the 4H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 0.853 because the pair overbought due to its proximity to the upper BB band and a bearish correction is...