EURGBP Buy Stop Loss: 0.851 Targets: 0.858 0.860 0.864 0.868 0.880
Hello traders! ‼️ This is my perspective on EURGBP. Technical analysis: Here we are in a bullish market structure from 1H timeframe perspective, so I am looking for longs. I expect bullish price action from here as we can see that price filled the imbalance and mitigated the bullish order block. Like, comment and subscribe to be in touch with my content!
Hello, my Friends as you see EuroGbp touched the support line again at 0.85590 and I think the maximum potential according to the RSI level (20.8) is 0.86720 I will update my Idea again. please support me with your likes and comments. God bless all of you.
EURGBP has been able to form two reversal patterns in the daily time frame. The first pattern is the Ascending Broadening Wedge , in which the EURGBP has managed to break the lower line of this pattern. The second pattern is the Head and Shoulders Pattern , which was the first sign of the Ascending Broadening Wedge lower line breaking. 🔔I expect EURGBP to...
Preferred direction: BUY Comment: The currency pair continues to trade at the level of 1.09000 and there is no need to wait for changes due to a holiday in the US, in connection with which the US session will be inactive. Despite the not-so-attractive trade for the buyer at the indicated level, the buy-priority remains. Most likely, tomorrow, one need to be as...
The currency pair EUR/GBP is currently edging closer to a significant support level, indicating the potential for a rebound in price and a subsequent approach towards the previous resistance level. This development has caught the attention of market participants who are actively seeking a bullish setup in this particular scenario. As the price of EUR/GBP nears...
EURGBP is making higher lows and higher highs. The market broke and closed above the resistance that became support. The market is pulling back to support and the fibo level, which is the confluence level. We anticipate a pullback and continuation of the trend.
Buy EUR against GBP at 0.85938 where stop loss at 0.85759 and profit target around 3:1
Preferred direction: BUY Comment: The previous scenarios for the Euro worked out well, and buyers are apparently ready to further develop growth. For this, it is necessary, firstly, that the price closes above the level of 1.09000. The return of the price above the balance median 1.08485 - 1.09623 will generate growth for market buyers and, of course, do not...
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!