Hi folks today I'm prepared for you British Pound analytics. Some days ago price declined to the support zone, which coincided with the 0.8560 support level, and traded there some time. But later, the price declined more to the trend line, where it rebounded and started to rise close to this line. British Pound rose to the resistance level, which coincided with...
Preferred direction: SELL Comment: The currency pair has approached the support area, from where the instrument can recover and may even reverse in the medium term. However, for now, the priority of sales still prevails, and after recovery to 1.07000, we can expect another local fall to approximately the extreme minimums. Thank you for like and share your views!
EUR/GBP is rising and might climb above the 0.8615 resistance. Important Takeaways for EUR/GBP Analysis Today · EUR/GBP is rising and trading above the 0.8600 zone. · There was a break above a connecting bearish trend line with resistance near 0.8600 on the hourly chart at FXOpen. EUR/GBP Technical Analysis On the hourly chart of EUR/GBP at FXOpen, the...
Hello,Friends! It makes sense for us to go short on EUR/GBP right now from the resistance line above with the target of 0.856 because of the confluence of the two strong factors which are the general downtrend on the previous 1W candle and the overbought situation on the lower TF determined by it’s proximity to the upper BB band. ✅LIKE AND COMMENT MY IDEAS✅
Pair : EURGBP ( Euro / British Pound ) Description : Rejection from the Daily Descending Trendline at Fibonacci Level - 61.80%. It has completed " ABC " Corrective Wave. Bullish Channel as an Corrective Pattern in Short Time Frame and it has Breakout the Lower Trend Line and Completed its Retest
Hello Traders Investors And Community, welcome to this analysis where we are looking at EURGBP 4-hour timeframe perspective, the recent events, the current formational structure, the huge decisive formation building up and what to expect the next times. EURGBP confirmed its local highs at the 0.917 level before pulling back and entering into this overall range in...
EURGBP Buy Stop Loss: 0.852 Targets: 0.859 0.860 0.862 0.865 0.869
Preferred direction: SELL Comment: Today the market is waiting for the ECB's decision on the interest rate, as well as a number of important news at the beginning of the American session. In the meantime, we continue to adhere to our idea for sale and all goals are also maintained. The rate will most likely remain at the same values, which will actually play...
The EURGBP pair gave us a solid sell signal (1D RSI breaking the Higher Lows) on our last call (August 03) and has already hit our first target (see chart below): The pattern remains a Channel Down since the February 03 High, maintaining the bearish trend unless the 1D MA200 (orange trend-line) breaks. It is also possible to see a transition to a Rectangle...
EURGBP - Classic bearish formation - Our team expects pullback SUGGESTED TRADE: Swing Trade Short EURGBP Entry - 0.8597 Sl - 0.8625 Tp - 0.8533 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
Preferred direction: SELL Comment: The euro is moving according to our short scenario, having made a false breakout of the upper border of the current balance, we expect a fall to its lower border at the level of 1.07000. There is a prospect of a further fall below the specified level. Thank you for like and share your views!
Hi Traders! There is a potential triangle break to the upside on the EURGBP 3H chart. The price action looks very bullish; we have highlighted the downside rejection candle to take it above the 20 EMA. The market has also been swinging higher with high lows and higher highs. We are looking for further momentum to take us above the resistance area around 0.86064...
Hey Traders, in today’s trading session we are monitoring EURGBP for a selling opportunity around 0.86200 zone, EURGBP is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.86200 support and resistance area. Trade safe, Joe.
👉EURGBP @ 0.8564~ SELL 📍 SL - 0.8644 💰 TP1 - 0.8544 💰 TP2 - 0.8504 💰 TP3 - 0.8404 Hey! Everyone 👋 Currently in a 4hour squeeze at the moment, EUR is being sold off against GBP, we also have a 15 minute triangle pattern that is broken and in favour for the bears to step in. 1 Hour bounce off 200 moving average + the overall market direction being bearish is...
EURGBP is forming consolidation. Two scenarios can develop in relation to the symmetrical triangle: breakout of resistance or support TA on the high timeframe: 1) A bearish trend is formed. The price forms a pre-breakout consolidation around 0.85200 2) False breakout of liquidity area, price may reach 0.85300 area in the nearest future. TA on the low...
EURGBP is trading in symmetrical triangle pattern. The price is reacting well the support and resistance of triangle. Currently the price is had break the support level within the triangle , a successful retest of this broken level can lead the price to support of triangle.
Preferred direction: SELL Comment: Short-deals have been giving a plus to the deposit, and the extreme trading idea was no exception. Now this priority remains. It is not recommended to set very global down movements goals. Most likely, the price will now test local lows, while buyers’ stop losses may be activated and the price may impulsively fall down to...
Rejections on daily chart and watch for any breakout to bring this pair lower. **Find out more from my Tradingview Stream this week** *************************************************************************************** Hello there! If you like my analysis and it helped you ,do give me a thumbs ups on tradingview! 🙏 And if you would like to show further...