British Pound / Euro
Preferred direction: BUY Comment: The Briton is also on the buy list, and here we largely adhere to the previous two scenarios that we gave at the beginning of the week. But long-trades should be noted that they are relevant already at current prices. Scenario №1 can already be considered active. Here we can also expect a slight update of the lows at the...
Preferred direction: BUY Comment: Today and tomorrow are the most active days in terms of the economic background. We continue to expect a medium-term reversal of the US dollar and continue to accumulate long positions against the American currency. Previously, we highlighted two scenarios for EURUSD , where scenario №1 is already in progress. But there...
Preferred direction: SELL Comment: As part of the upcoming weakening of the American currency in the medium term, one of the most promising currency pairs for such a trade is USDCAD . The fall is considered towards the level of 1.35000 , target №2 - 1.34000 . The more likely scenario №1 still assumes a preliminary update of the maximum, that is, a...
Preferred direction: BUY Comment: Despite the significant strengthening of the US dollar , we will be more buy-first in the coming weeks. The prospect of a purchase is planned within 1–2 weeks , that is, we are dealing with a medium-term trade. At the beginning of the week, we highlight two scenarios, where scenario №1 assumes a slight update of the local...
D1 - Price is bouncing higher from a key support zone. Bullish divergence. H4 - Higher highs. No opposite signs. Until the strong support zone holds I expect the price to move higher further in the short term after pullbacks.
There has been a reaction to the downward trend, but there is weakness in the correction and as a result, the power to rise. The targets have been identified
Detailed EUR GBP forecast as well as a Euro British Pound technical analysis via moving averages, buy/sell signals, and common chart indicators.
Hey Traders, in today's trading session we are monitoring EURGBP for a buying opportunity around 0.85500 zone, EURGBP was trading in a downtrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 0.85500 support and resistance area. Trade safe, Joe.
Welcome back! Let me know your thoughts in the comments! ** EURGBP Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
The EUR/GBP pair on the M30 timeframe presents a potential buying opportunity due to the presence of a well-defined bullish pennant pattern. This pattern often suggests a continuation of the prior uptrend after a brief consolidation phase. Key Points: Buy Entry: Consider entering a long position (buying) around the current price of 0.8576, positioned near the...
My dear friends, Please, find my technical outlook for EURGBP below: The price is coiling around a solid key level - 0.8572 Bias - Bearish Technical Indicators: Pivot Points High anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 0.8550 Safe Stop Loss - 0. 8583 About Used Indicators: The...
Hello,Friends! EUR/GBP pair is trading in a local uptrend which we know by looking at the previous 1W candle which is green. On the 6H timeframe the pair is going up too. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is...
Pair : EURGBP ( Euro / British Pound ) Description : Falling Wedge as an Corrective Pattern in Short Time Frame RSI - Divergence Break of Structure Consolidation Phase Completed " 12345 " Impulsive Waves
We may see some downtrend for now. But later when the price reaches the Buy Limit price we can see a nice uptrend.
My dear friends, Please, find my technical outlook for EUR/USD below: The instrument tests an important psychological level 0.8570 Bias - Bearish Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 0.8551 Recommended Stop Loss - 0.8581 About Used...
Hi folks today I'm prepared for you British Pound analytics. A few moments ago, the price rebounded from support 1 and made a strong impulse down to the trend line, breaking support 2, which coincided with the support zone. Also then, GBP started to trades in a triangle, where it turned around from the trend line and in a short time rose to support 2, broke it,...
EURGBP - Classic bearish setup - Our team expects bearish continuation SUGGESTED TRADE: Swing Trade Short EURGBP Entry Point - 0.8579 Stop Loss - 0.8594 Take Profit - 0.8551 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
Dear Traders! 📈 EURGBP Buy Opportunity, First target 0.8630 #TradingAlert #eurgbp #TechnicalAnalysis