Hello traders! ‼️ This is my perspective on EURGBP. Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I am looking for short position. I see price to continue bearish price action to fill the imbalance lower and then to make a new lower low. Fundamental analysis: Tomorrow we have news on GBP, will be released...
Hey Traders, in today's trading session we are monitoring EURGBP for a selling opportunity around 0.86100 zone, EURGBP is trading in a downtrend and currently is in a downtrend in which it is approaching the major trend at 0.86100 resistance zone. Trade safe, Joe.
After Friday's break under the recent low, EurGbp reversed yesterday leaving a strong bullish engulfing on our daily chart exactly in 0.8550 zone support. This bullish engulfing could be an indication that more gains are coming and the target for bulls could be 0.8720 resistance. In the case of a new low, this outlook is negated.
Hello traders ,what do you think about EURGBP? After reaching the support zone and bottom of channel , this pair is placed in a low risk zone for buying. We expect it to grow to the specified level. If this post was useful to you, do not forget to like and comment.❤️
EURGBP looks very oversold after a selloff last week. The price was consolidating within a narrow horizontal range and violated its upper boundary early in the morning. It signifies that a correctional movement is coming. Goals will be 0.8565 / 0.8576 ❤️Please, support my work with like, thank you!❤️
Before explaining everything we all should know that there is liquidity sitting below every swing point of any given chart pattern and in order to move, the market needs to grab the swing point liquidity first. It can take years to make a move to start taking all the liquidity. The cross marks are the swing low liquidity points that are yet to be taken by the...
Shorting EURGBP to the next available draw on liquidity. A potential 300 pips ROI. A standard lot should run on a $3k profit. Let's see how price fair from here.
Hey Traders, in the coming week we are monitoring EURGBP for a selling opportunity around 0.859 zone, EURGBP was trading in a downtrend and successfully managed to break it out. Currently we are waiting for a correction in order to see a potential retrace of the trend towards more lows especially with current BoE hawkish sentiments. Trade safe, Joe.
This week, the financial regulator SEC launched an attack on the cryptocurrency industry, suing the Binance and Coinbase exchanges, while classifying a number of popular coins as securities. As a result, since the beginning of June: → the price of bitcoin decreased by approximately 2.2%; → the price of Ethereum decreased by approximately 1.8%; → the price of BNB,...
Welcome back! Let me know your thoughts in the comments! ** EURGBP Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
EURGBP touched demand zone and is about to bounce back up. Exit at first supply zone.
2023-2024 Exchange Rate Forecasts From MUFG Pound Sterling: BoE Forecasting Errors Increase GBP Risk Profile MUFG has significant reservations surrounding the Pound outlook. As far as inflation is concerned, it sees significant risks over the medium-term implications. It notes; “The sense that the UK has a bigger inflation problem is creating downside risks...
The pair has shifted from a DownTrend to making new HH and HL's. A Bullish Harmonic Pattern with a clean Bullish Flag can also be observed giving us a confirmation of a future upside.
EURGBP / 1D Hello traders, welcome back to another market breakdown. EURGBP has been trading inside a large trading range, the price has starded breaking down, natural target is the low of the range, I'll be trading this from a alevel to a level. Checkout the chart for what I'll be waiting for. Trade safely, Trader Leo
EURGBP could approach a key resistance level and potentially reverse from here. We could see price move down to our take profit target. Entry: 0.86309 Why we like it: There is an overlap resistance just below the 23.6% Fibonacci retracement level Stop Loss: 0.86695 Why we like it: There is an overlap resistance Take Profit: 0.85769 Why we like it: There is an...
#EURGBP - Currently the MARKET SENTIMENT for EURGBP is slightly on the UP SIDE. The main reason for that is the POSITIVE RISK SENTIMENT for EUR. Also, even if BOE RATE HIKE, we were not able to see BOE's intervention. The reason for the positive sentiment in EUR is that the USD has been quite weak in recent weeks. But a good UP SIDE BIAS is coming for EUR...
Hello,Friends! We are now examining the EUR/GBP pair and we can see that the pair is going down locally while also being in a downtrend on the 1W TF. But there is also a powerful signal from the BB lower band being nearby indicating that the pair is oversold so we can go long from the support line below and a target at 0.862 level. ✅LIKE AND COMMENT MY IDEAS✅
The EURGBP currency pair is showing signs of a bearish momentum shift, indicating a potential selling opportunity for traders. Currently trading at 0.8663, the pair has been facing resistance near the 0.8702 level, suggesting a possible downward movement. Several technical indicators support this bearish outlook. The pair's recent price action has formed a series...