Hello Traders Here's my analysis of EURGBP. I hope to see price retrace back to the area of 0.87 before making a push upwards toward 0.886. If price does retrace back into the red ellipsis I will be waiting for signs of reversal on a 4H and 1H chart before taking a buy. If price breaks support at 0.87 I wouldn't be surprised to see it drop to 0.84 area, however...
The ECB is in focus this week. As they have championed the fact that they are making progress on relief measures. Think about it this, where does this capital go? If the dollar euro in the end in the pound or old appreciating where does the capital girl it will definitely bounce back and forth between the euro but I think the traditional capital outflow will be to...
EurGbp. Is it the time for Euro to be Bullish? I think if it breaks daily RBS, it will reach another base at 89.000
Traders, EURGBP has been difficult because of consolidation and the kind of candles it forms on regular basis. But the last pattern has completed and we may have an opportunity now. Please manage your risks well. Support and motivate me by hitting the like button, subscribing to my channel and sharing this analysis with other traders. Comment below and let me know...
I think this is a good currency pair for swing trading. In this pair, there is a potential M-formation formed in daily time frame. The price has reached the support area and started to reject slightly. We foresee the price will be pushed to the upside and complete the whole M-formation rule. From the COT perspective, Hedge Fund have a strong interest to buy EUR...
hi all, I see an ABC correction at EURGBP on its last legs. We might be in a triangle formation. Price is moving sidewards and consolidating. This is a nice situation for me as an impulse trader. Since the next move will be an impulse. The last leg "e" might be missing. If this comes true we might see a thrust to the downside to about 0.86. Stop-loss above...
Hello ladies and gentlemen. The price of the Euro fell from a resistance level to a key level in just 2 weeks. After that, the price stabilized and there were no more jumps. The point is that you need to adhere to the moment when the price comes closer to the key level, if it breaks this level, then you can buy at 0.88500. if this does not happen, then you...
I think EURGBP will push to the upside, but based on technical analysis, my bias will be short.
EURGBP appears to be developing a possible Butterfly Pattern. If that is the case (only time will show), then PRZ projected to be as follows: PRZ = 0.86141 - 0.86496 1.272XA = 0.86339 2.24BC = 0.86354 2.00BC = 0.86496 1.00ABC = 0.86141 I would look to go long at PRZ, subject to new information (trend, momentum, sentiment) at the time of pattern completion. But...
Hey traders please LIKE & FOLLOW, thank you! Potential inverted head & shoulders. I believe we could be seeing some big movement to the upside soon. Already creeping up now. Keeping a sharp eye on EURGBP for potential longs soon.
EURGBP possible long day/intraday trade opportunity