I am expecting a continuous rise for EURGBP has it has tested support already, there is a breakdown trendline and a pullback is made already. So till Monday to see it play out l.
😇7 Dimension Analysis - Daily Time Frame: Identifying Potential Reversal Opportunities 1: Price Structure: Bullish trend with an initial choch (Correction of Higher Chance) phase. The move is impulsive, but weakness is evident with an inverter hammer and a doji candle formation. Inducement is completed, and the price has changed its character. A liquidity sweep...
After last week this pair shows a strong bullish, next week there is a possibility of a bearish correction with a target in the SR Flip area where the area is parallel to the Fibo Retracement notation 0.382. the possibility of a strong price will go to the area before continuing the bullish trend again
EUR/GBP BEARISH CONTINUATION Euro zone fundamentals weaken: Technical recession confirmed, inflation data improving which helps build a case for a more dovish ECB to come Markets anticipate another 100-bps worth of tightening from the BoE this year as inflation is way too high still at 8.7% EU FUNDAMENTALS ARE LIKELY TO EMBOLDEN ECB DOVES Downward revisions to...
H4 - Strong bullish momentum. Higher highs. No opposite signs. H1 - Bullish trend pattern. Until the two strong support zones hold I expect the price to move higher further after pullbacks.
Hello Traders In This Chart Forex ForecastEURGBP DAY By FOREX PLANET today EURGBP analysis 👆 🟢This Chart includes_ (EURGBP market update) 🟢What is The Next Opportunity on EURGBP Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To...
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.
🔆MULTI-TIME FRAME TOP-DOWN ANALYSIS OVERVIEW☀️ 1:✨Eagle eye: The overall structure is bullish, but the current phase is corrective. The low has already been confirmed, and an impulsive move with significant volume and valid momentum candles indicates a potential breakout of the narrow range in the bullish direction. 2:📆Monthly: A sideways to bullish market is...
Pair : EURGBP ( Euro / British Pound ) Description : Bearish Channel as an Corrective Pattern in Short Time Frame with the Breakout of the Upper Trendline and Retracement Break of Structure RSI - Divergence S / R Level Completed " 12345 " Impulsive Wave
EUR-GBP broke the falling Resistance line and while Struggling, still is making It's way up slowly so I Think that we will see A further move up !
According to my analysis of the eurgbp pair. There is a high probability of an ascending trend with the breach of the descending channel. And breaking the strong resistance at 0.85400. good luck for everbody
On Monday, the pound reached its highest level against the euro in 10 months, at 85.25 pence, as investors await the British inflation data and the upcoming Bank of England decision. However, the currency pair quickly rebounded to the support level of the previous week, at 85.42 pence, but is perhaps now tracking down again. In recent weeks, the sterling has...
✔️ EURGBP is expected to rise ✔️ Recommended to consider buying from the balance and premium level 0.8560 & 0.8536 Trade active: Now try to go up with new buyers... ⚠️ Buy the dips!!!
#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...
Dear Traders, We have good buying opportunity on EURGBP, expecting EUR to be over the long term view and expecting GBP to be bearish over the next couple of months. Price currently in accumulation phase and it will drop to our 'point of interest' before it moves up. LIKE AND FOLLOW FOR MORE. Take care and much love!
Hello Traders In This Chart Forex ForecastEURGBP DAY By FOREX PLANET today EURGBP analysis 👆 🟢This Chart includes_ (EURGBP market update) 🟢What is The Next Opportunity on EURGBP Market 🟢how to Enter to the Valid Entry With Assurance Profit This Video is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To...
in terms of big trend the H4 pair is still in bullish. short analysis that I describe is the analysis if there is a trend correction. as long as the price does not rise higher than the invalid area then the possibility will still be bearish by forming a complex correction wave.
EURGBP has taken out The Sell side Liquidity and Then made Choch , And then created Eq Lows. Now we are Expecting the Marketing to take out those Eq lows and Enter the Zone where previously Manipulated and then Sharply Move upwards to Grab the Buy side Liquiidty