Dear Traders! 📈 EURGBP Buy Opportunity, First target 0.8630 #TradingAlert #eurgbp #TechnicalAnalysis
EUR/GBP like as an old Grampa takes time to "climb it Up", but when it makes its mind nobody going to stop it! 👴 After purely technical analysis & continues over 10 days progress, everything looks optimistic. Slowly, but surely all the way to TP @85921.
Preferred direction: BUY Comment: After the Fed meeting , the pound, like most majors, strengthened its position and in the near future, this trend is likely to continue. Of course, surprises from the Bank of England today cannot be ruled out, so the focus on the British currency today is the greatest. It is unlikely that the regulator will suddenly lower...
Preferred direction: BUY Comment: As we expected, the Fed nevertheless served as a catalyst for the start of a correction in the American currency . All long trades on the EURUSD currency pair are closed, but despite this, we continue to adhere to the buy priority. At the moment, we also have two scenarios in our arsenal, where scenario №1 assumes...
The EURGBP pair formed a Double Bottom on the March 08 Low but is being restricted (and fail to close a 1D candle) successively below the 1D MA50 (blue trend-line). With the 1D RSI on Higher Lows, i.e. a Bullish Divergence, we expect a rebound towards the 0.5 Fibonacci level, similar to the sequence that followed the August 23 2023 Double Bottom. Our target is...
My dear friends, EURGBP looks like it will make a good move, and here are the details: The market is trading on 0.8557 pivot level. Bias - Bearish Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market. Goal - 0.8550 About Used Indicators: Pivot points are a...
Hello,Friends! EUR-GBP uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 0.852 area still presents a good opportunity for us to sell the pair because the resistance line is nearby and the BB upper band is close which indicates the overbought state of the EUR/GBP pair. ✅LIKE AND COMMENT MY IDEAS✅
I would SELL now. Just a simple trend continuation setup.
Hi guys, this is my overview for EURGBP, feel free to check it and write your feedback in comments👊 Some time ago, price broke resistance level and started to trades in flat, where it declined to support level. Then price some time traded between $0.8570 - $0.8530 levels in flat and later declined to support line, breaking $0.8530 level. After this, GBP started...
Regarding the previously posted EURGBP trade idea, this video provides an explanation of the thought process behind considering this trade opportunity. On the 1-hour timeframe for the EURGBP currency pair, the price has broken through the established structure to the downside. We can observe the formation of lower highs and lower lows, indicating a potential...
The EURGBP on the 1H time frame has broken structure to the downside we can see lower highs and lower lows and we're looking for an entry short on the retrace targeting previous lows as shown on the chart markup. For educational purposes only, not financial advice.
Greeting Traders, in Daily chart a bearish channel is obvious! The same thing, but bullish, could be seen in 1h I think price while regarding the long-term analysis we are bearish, we could take small profits out of a correction. Just remember this trade is a little more riskier than others. Take less risk than your normal risk. Best regards,
The EUR/GBP has been ranging between the 1st resistance and pivot point. The price might rise to pivot and react off the level, then drop towards the support level. Pivot: 0.85596 Support: 0.85000 Resistance: 0.85722 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose....
In this chart we have spotted cup & handle on 1H time frame and we looking for a long entry with two TP's. But I have also spotted BEARISH DIVERGENCE which might be sign of Reversal. So my hopes with LONG POSITION.
EUR/GBP could rise towards a pullback resistance and potentially reverse off this level to drop towards our take-profit target. Entry: 0.85661 Why we like it: There is a pullback resistance that aligns with the 127.2% Fibonacci extension level Stop Loss: 0.85780 Why we like it: There is a pullback resistance level Take Profit: 0.85396 Why we like it: There is a...
Market Analysis: EUR/GBP Aims More Upsides EUR/GBP is gaining pace and might extend its rally above the 0.8550 zone. Important Takeaways for EUR/GBP Analysis Today EUR/GBP started a fresh increase above the 0.8535 resistance zone. There is a major bullish trend line forming with support near 0.8535 on the hourly chart at FXOpen. EUR/GBP Technical...
The price moving near 0.8546. As mentioned in the price chart order block area is good for buying which is near 0.8510. If the price respects this zone and makes a bullish price action structure then initiate long positions. Good Luck.
Based on Simple Technical Analysis ( Trendline + Support & Resistance ) Risk Disclaimer: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are...