EURGBP / 1D hello traders, welcome back to another market breakdown. EURGBP has been trending lower. The price is still in pull-back mode to test the breakout point from the last range. I'll look to get on the lower high. Trade safely, Trader leo.
Waiting for a retest of 0.85770 to long EURGBP back to 4H swing High at 0.86457 If you agree drop a like and if you have any questions leave a comment :)
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 1D 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...
Hi folks today I'm prepared for you British Pound analytics. A not long time ago price traded close resistance level which coincide with the resistance zone, and later it bounced up to the trend line and started to decline close to this line. When the price declined, it broke the resistance level with the zone and fell to the support level, which coincide with the...
Preferred direction: BUY Comment: Buyers failed to overcome the local resistance levels and there was no entry point (BUY), as we had planned in the previous idea. Now, at the level of 1.08485 (where limit buys were previously located) there may be a potential entry point formed if the price closes above this level. In this case, a false breakout will be...
good morning and evening traders around the world! we have recently broken through a very strong key level one resistance now turned support! we are now currently retesting the key level looking now to bounce off and continue uptrend! target levels set with stop loss accordingly! happy trading and let's reach our targets!
Preferred direction: BUY Comment: Another false breakout was formed for the currency pair at the level of 1.09071. For now, this level keeps the price from falling to more significant supports. All while, someone has been gathering a position (which is evidenced by the formed balance of ~1.09071-1.09623). We should say shorts exceed purchases, that is exactly...
This pair looks like a reversal, with prices rising through the trendline and CHoCH occurring, it could be that now it is entering a correction period. if you measure the current wave c, it is the same as the length of wave a. there could be a correction a-b-c-d-e with the target D1 resistance area which is also in the fibo extension area of 1,618.
Hello,Traders! EUR-GBP went up to retest The horizontal resistance Level of 0.8667 from where We are seeing a bearish Reaction already so I will Be expecting a local move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
In the weekly chart, the price show 2 consecutive large green indicate price reversal. The price of EUR/GBP pair broke out of the range in 45Min TF and throwback at the resistance become support level. The EMA crossover shows the bullish momentum for entry. The candlestick that confirm bullish rejection at the resistance become support level is...
Hello,Friends! EUR/GBP pair is in the uptrend because previous week’s candle is green, while the price is obviously rising on the 1D timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 0.848 because the pair overbought due to its proximity to the upper BB band and a bearish correction is...
Hello, everybody and welcome to BIGPAPA Forex, today we are going to be analyzing the EURGBP pair, translating the market information by using a full technical analysis on different time frames, giving you a personal opinion about the next most likely market movement and helping you to spot and manage market opportunities.
Preferred direction: BUY Comment: Buyers were able to close above the specified level of 1.09526, that opens up prospects for growth to 1.10677. The parameters of the trade allow one to enter with a risk/profit ratio of at least 1/3. At the same time, Stop Loss must be placed under the level of 1.09526. Thank you for like and share your views!
Last week, price formed a Tower Bottom on the Daily, providing a clear support zone. The retracement has been done, and price has today confirmed the pattern by opening above the Tower Bottom pattern and EMA. Could be a slow trade, but good odds of reaching at least one target. Good luck!
EURGBP is rising towards a key overlap resistance and could potentially reverse from here. We could see price move down to our take profit target. Entry: 0.86283 Why we like it: There is an overlap resistance that sits under the 61.8% Fibonacci retracement level Stop Loss: 0.86693 Why we like it: There is an overlap resistance that sits under the 78.6% Fibonacci...
✅EUR_GBP is going up now But a strong resistance level is ahead at 0.863 Thus I am expecting a pullback And a move down towards the target of 0.8578 SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Preferred direction: BUY Comment: The instrument has been gradually growing from the level of 1.26989 and there is a high probability that this trend will continue. A potential good entry point is at the level of 1.27695. After the price closes above this level, the prospect of growth to 1.28484 and even higher. Thank you for like and share your views!
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 zone. Trade safe, Joe.