Hey Traders, in today's trading session we are monitoring EURGBP for a selling opportunity around 0.86500 zone, EURGBP is trading in a downtrend and currently seems to be in a correction phase in which it is approaching the major trend at 0.86500 support and resistance zone. Trade safe, Joe.
EURGBP is rebounding after hitting Support (1) which was last touched on December 13th 2022. This is a short-term buy opportunity but the long term trend remains bearish, not only due to the Falling Resistance since February but also 3rd but also due to the formation of a Death Cross (1d), the first since Jnuary 21 2021. Trading Plan: 1. Buy on the current market...
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Waiting for a retest of 0.86764 to short EURGBP back to 4H swing lows at 0.856763 If you agree drop a like and if you have any questions leave a comment :)
My dear followers , I analysed this chart on EUR/GBP, and concluded the following: The asset is approaching an important pivot point 0.85980 Bias - Bullish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 0.86626 Safe Stop Loss - 0.85630 About Used...
So after the long wait, price is about to hit our TP. The market was in a range for a long time, forming a decending triangle. The decending triangle confirmed our SHORT analysis. After the breakout downwards the market is heading down to our TP.
Hello,Friends! EUR/GBP pair is trading in a local downtrend which we know by looking at the previous 1W candle which is red. On the 1D timeframe the pair is going down too. The pair is oversold because the price is close to the lower band of the BB indicator. So we are looking to buy the pair with the lower BB line acting as support. The next target is 0.867...
Hey Traders, in today's trading session we are monitoring EURGBP for a selling opportunity around 0.86300 zone, EURGBP was trading in an uptrend and successfully managed to break it out. Currently EURGBP seems to be in a correction phase in which it is approaching the retrace area at 0.86300 support and resistance area. Trade safe, Joe.
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. EURGBP has been overall bearish trading inside the falling channel in orange, and it is now approaching the lower trendline in orange. Moreover, the zone 0.855 is a support zone . 🏹 So the highlighted purple circle is a strong area to look for buy setups as it is the...
EURGBP has created a potential reversal sign as RSI printed a bullish divergence. We are waiting for a clean breakout to enter long in the market. Downside risk is limited.
EUR/GBP has just suffered its worst month in ten, thanks to renewed bets of a more-hawkish BOE and soft inflation reports across Europe. Volumes increased during the recent leg lower to show fresh bearish bets being placed and the OBV (on balance volume) has also confirmed the move lower on prices. Prices are consolidating near the cycle lows on the 1-hour chart...
EURGBP is approaching a Triple Support combination: Support A (0.85500), the bottom of the Channel Down, and the 1day RSI's Channel Down bottom. The 1day RSI is also oversold under 30.00. As long as the price closes over Support A, buy and target the top of the Channel Down at 0.87500. If it closes under Support A, sell and target Support B at 0.83700. Follow...
The recent price action on the EURGBP pair was keeping me on the fence, however, my bias is slowly but surely changing into the bullish one and I think we will see the price go up. ❤️Please, support our work with like & comment!❤️
EURGBP is sitting at a daily resistance! Waiting for confirmation on 4hr preferably
Hello,Traders! EUR-GBP was falling for A while now but a strong Horizontal support is ahead At 0.855 from where a Bullish correction is To be expected Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
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 0.865 level. ✅LIKE AND COMMENT MY IDEAS✅
The EURGBP pair is completing today the first Death Cross on the 1D time-frame since January 21 2021. That is a strong long-term bearish signal on its own. On the short-term though, the price just hit the bottom of its 5 month Channel Down, while the 1D RSI, which is also on a Channel Down, hit its own bottom while turning oversold (below 30.00) for the first time...
✅EUR_GBP will soon retest a key support level of 0.856 So I think that the pair will make a rebound And go up to retest the supply level above at 0.862 LONG🚀 ✅Like and subscribe to never miss a new idea!✅