Intraday bias in EUR/GBP remains neutral and further decline is expected with 0.8674 resistance intact. Break of 0.8545 will resume the fall from 0.9267, and target 61.8% projection of 0.9267 to 0.8647 from 0.8827 at 0.8444 next.
#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 EUR to have a POSITIVE SENTIMENT is that USD has been quite WEAK in recent weeks. But a good UP SIDE BIAS is coming for EUR now...
We can see a change in market structure on the daily chart by the breakout of the key level. This is followed by the breakout of the falling wedge pattern. With these two confirmations we can expect price to move in a bullish direction. We also expect a potential return 25% on this swing trade, depending on risk taken per trade as well as target reached. The...
The European Central Bank (ECB) and the Bank of England (BoE) both raised interest rates by 50 basis points at their final meetings of the year. The Eurozone's policy rate was hiked to 2.5%, the highest in fourteen years, and the UK's to 3.5%, the highest since late 2008. In contrast to the relatively dovish BoE meeting, the ECB meeting was substantially more...
#EURGBP - Currently the MARKET SENTIMENT for EURGBP is slightly on the DOWN SIDE. The main reason for that is the NEGATIVE RISK SENTIMENT for EUR. And we can mention BOE intervention. The reason for positive sentiment in EUR is USD SELL. But a good UP SIDE BIAS is coming for GBP now with the MARKET SENTIMENT. Due to this reason, all MARKETS including STOCKS...
We have just reached a pivot point in our EURGBP pair and the bullish signal is confirmed. Our target is therefore the 0.691 level with a slightly tight stop. The confirmation of a trend change has been formed.
#EURGBP - Currently the MARKET SENTIMENT for EURGBP is slightly on the DOWN SIDE. The main reason for that is the NEGATIVE RISK SENTIMENT for EUR. And we can mention BOE intervention. The reason for positive sentiment in EUR is USD SELL. But a good UP SIDE BIAS is coming for GBP now with the MARKET SENTIMENT. Due to this reason, all MARKETS including STOCKS...
According to SMC , EUR/GBP is for long trade as follow : ENTERY POINT @ 0.87319 SL @ 0.87143 TP @ 0.87784 RRR is 1:2.64 GOOD LUCK GUYS ...
🟢 EURGBP TF: 3D Side: Long SL: $0.86133 Entry: $0.87754 TP 1: $0.88670 TP 2: $0.90240 TP 3: $0.92778 GBP is losing strength so it's time to start selling it.
When we move onto the weekly time frame. We can see a sharp moved took place around the week of the 29th of August. This resulted the price breaking a weekly structural level which has been holding steady since around May of 2021. This combined with the breakout on a falling wedge pattern on the daily time frame add to our narrative of looking to go long on the...
Here is my view for EURGBP on H1. The price could go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Hello traders! ‼️ This is my analysis on EURGBP . Here we can see that price broke the market structure and now I am looking only for shorts. I expect price to continue the sell-off to fill the imbalance below. Like, comment and subscribe to be in touch with my content!
Starlin is getting stronger. worse in Europe due to war. reach powerful support monthly, and weekly, cot shows the same. more likely to go down just lil bit before it hit the tp
EUR/GBP ::: At this moment, it has broken the blue channel, if it stabilizes in the range and the ceiling of the blue channel is supported, the price will grow well .
Here is my view for EURGBP on H1. The price could go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Here is my view for EURGBP on H1. The price could go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Here is my view for EURGBP on H4. The price could go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
eurgbp ready to bullish start don't miss the rally market break the supply and make demand and also bearish trend line break it means reversal start.we look buy from green zone thanks.don't forgot to like and comments and follow