Upon bad inflation results, the price of EURGBP might retrace once more to the 0.85 levels soon, I believe
Hey Traders, in today's trading session we are monitoring EURGBP for a selling opportunity around 0.85800 zone, EURGBP did broke up the 0.85800 support are and now we are watching a potential retest of that low. Trade safe, Joe.
According to the behavior of the price in the current resistance range, possible scenarios have been identified. As long as the price is at the bottom of the red resistance zone, we expect to see the continuation of the downward trend
EURGBP is currently consolidating, but we are highly confident in a bullish momentum due to the strong bullish divergence. We strongly recommend taking a long position until TP2 while placing an SL at the previous low to maximize potential gains.
4 elliot waves in formation triangular. Wait run bullish wave
EURGBP next move to 0.8660 (recomended fixed profit on 0.8650) Short analys, dont says all. Now EURGBP move up
Hello Traders, here is the full analysis. I think EURGBP will bounce off next support and grab liquidity to rally up to 0.87... zone. GOOD LUCK! Great BUY opportunity EURGBP I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your...
My dear friends, EURGBP looks like it will make a good move, and here are the details: The market is trading on 0.8583 pivot level. Bias - Bullish Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market. Goal - 0.8613 Recommended Stop Loss - 0.8568 About Used...
EURGBP: Ahead of the UK Employment Data Today we have the UK employment data. It is one of the most important events for the UK economy. If we are going to have a look on EURGBP chart the price is focused on this move by offering both possibilies. A move above or below the pattern will show the next direction of the price. GBP Employment Change GBP ILO...
Overall downtrend so looking for sells still. 15min OB marked out which also lines up with the golden zone on the fib. So, looking for sells after seeing a rejection.
The entry, exit and stop loss points are on the chart, please make sure of them and do not risk, this is our analysis and ideas. Please observe the capital carefully and do not risk more than 1% of your capital Good luck to everyone
Short trade idea EUR GBP SELL 📉 Price 0.85980-0.85940 TP1: 0.85710 TP2: 0.85500 SL: 0.86090 Rrr: 4.3
I am taking this long scalp trade. I see a bullish divergence on H1 and H4 tf. Actually is trying to break out from H1 trendline, if it can retest it and hold, we could see the target reached in some hours. I reccomend to put stoploss at break even if we get at least 15 pips of profit
It is expected that the current downtrend will end at the specified support levels and then a reversal will take place and we will witness the start of an uptrend. By crossing the level of 78.6%, it will be possible to continue the downward trend
EurGbp has been broken it's previous low which indicates a trend reversal. price has gone up to retest (As expected) before going back down (continuing it's down-trend). market will complete retest at either lvl 1 or lvl 2.
Hello traders, Wave 4 has probably ended at 0.86206 zone. Wave 5 is supposed to materialise towards the support zone at 0.85400. Thanks.
Hi Traders, I hope you are well, here's a great set up for EUR/GBP as it hits a very high Liquidity Zone, a bounce is likely on Monday. Chris