EURGBP, eurgbp ready to fall now, divergence being formed for selling
TARGET: 70.5 PIPS TP1: 1.0017 TP2: 0.99914 SL:1.01036
TARGET: 24 TP1: 0.87705, TP2: 0.87826 SL: 0.87237
Price Gave us a strong bearish engulfing candle on the retest of the broken up trend line. I`m going short.
EURGBP IS IN AN UPTREND AND CURRENTLY WE WANT TO SEE A PULLBACK AND A CONTINUATION OF THE UPTREND
EURGBP / REBOUND? No change from our point of view, the expected rally should be considered as a corrective structure (technical rebound), and then we expect a new bearish leg.
EURGBP now in multiple resistance zone. If Price Break then level then goes up for next target zone.
A pattern confirmed .. Tp1: 0.8869 Tp2: 0.8815 Sl: 0.8974
EURGBP Goes up for next resistance point
An inverted Head and Shoulders just completed on EUR/GBP as well as breaking the current down trend. Looks like a good opportunity for a long.
I think it will test higher low before moving up , this is a quick trade R:R 1.7 SL@.88243 TP@0.87501
This research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits. Please comment below and Like if you agree with my analysis.
Buy around 0.8917-22 for a target to 0.9005, stop below 0.8891