Hello traders, I want share with you my opinion about British Pound. Observing the chart, we can see that the price a not long time ago bounced from the 0.8590 resistance level, which coincided with the seller zone and rose to 0.8650 points but soon fell back. At there moment resistance level coincided with the support line and the British Pound rolled up to the...
Hello,Traders! EUR-GBP will soon hit a Falling resistance line And after that I will be Expecting a local correction And a move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Hello,Friends! EUR-GBP uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 0.851 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✅
Hey Traders, in today’s trading session we are monitoring EURGBP for a buying opportunity around 0.85400 zone, EURGBP is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.85400 support and resistance area. Trade safe, Joe.
XAUUSD has just reacted off the resistance level. and could potentially reverse from here and fall towards our take profit target. Entry: 0.8890 - 0.8577 Why we like it: There is an overlap resistance and it aligns with the 78.62% fibo retracement. Stop Loss: 0.8636 Why we like it: There is a pullback resistance. Take Profit: 0.8525 Why we like it: There is an...
My dear subscribers, EURGBP looks like it will make a good move, and here are the details: The market is trading on 0.8579 pivot level. Bias - Bearish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 0.8557 About Used Indicators: The average true range ATR plays an important role in 'Supertrend'...
Preferred direction: SELL Comment: The situation for the pound is the same as for the euro, there is also a priority of sales. Approaching the level 1.25381, the price made a close retest of the level and the fall was very likely. Now the nearest target is the level of 1.24000. Thank you for like and share your views!
Take a look at our analysis for EURGBP. Time Frame: 4h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 0.858. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 0.861 level. P.S Overbought...
EURGBP is reacting to a pullback resistance level, which aligns with the 78.6% fibo retracement and 127.2% fibo projection. EURGBP could potentially fall further to the downside, towards our take profit target. Entry: 0.8591 Why we like it: There is a pullback resistance level, and there is fibo confluence, 78.6% fibo retracement and 127.2% fibo projection....
FX:EURGBP is under resistance pressure.There is clearly either a weak buyer or a rather strong seller in the market. Regarding the limit support area, the price continues to push. I noted the important level of 0.8541 and 0.8521. And also an important pattern - descending triangle. The support area of the pattern coincides with the area of the limit support....
Hello traders, we want to check the EURGBP chart. The price is moving in a descending channel and has pulled back to the indicated key level. We expect this level to play the role of a resistance level and the price will fall to around 0.85250. Good luck.
Preferred direction: SELL Comment: The European currency is under pressure from the American, which we previously assumed in our trading ideas. This trend is likely to continue, at least in the short term. It is unlikely that we will see a rollback to 1.07882 in the near future, thus we are expected to update the current lows and move towards 1.06500. Thank...
Hey guys, my name is Reza, thanks to follow my idea. Description: we can find Bearish Order Block on 15m. Also, this chart has 2 other OB (Bullish OB) that shown with Green Zone. I see RSI14 Bearish Divergence on chart. To find TP levels, I used Fib Ret. Drow VP on last movement. High potential level is 0.85361 (close 0.85364, 23.6% Fib...
I entered a short trade on GBPJPY during the London open after a retracement of a Fibonacci level. The H4 structure is bearish, which is why I took this trade. What do you think about it?
Daily IRL taken Strong H1 bearish MSS Target Daily ERL
On EURUSD, we have a bearish structure with the dollar pushing the euro down. Currently, we can observe 4 structural swing low breaks at H4. Therefore, the price is in a total buy situation. Personally, I'm waiting for a structural change at M15 during the London or New York session to go long with a target at 1.08. Let me know your perspective, greetings, and...
Please, check our technical outlook for EURGBP. Time Frame: 9h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 0.855. The above observations make me that the market will inevitably achieve 0.860 level. P.S We determine oversold/overbought condition with RSI...
Good morning, everyone. On EUR/GBP, I entered a long position following an ICT FVG + London Kill Zone strategy. I entered the market at the London open, and the price seems to have reacted positively, already showing a +0.5% gain. Therefore, I will move the stop loss from -1% to -0.5%, halving the risk of this trade! Specifically, I entered the market after the...