EURGBP hit this week the 1day MA200 and fot rejected but not too low. As long as it holds the Resistance ground, feel free to sell and target the 1day MA50 and Rising Support at 0.86100. If it crosses over the 1day MA200, buy and target Resistance A at 0.88750. Notice: An RSI cross under its Rising Support may indicate a shift to a more bearish momentum. ...
Hey Traders, in today's trading session we are monitoring EURGBP for a buying opportunity around 0.86300 zone, EURGBP is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.86300 support and resistance area. Trade safe, Joe.
EURGBP is trading within a wide horizontal range on a daily. Its upper boundary was reached last week. Analyzing the reaction of the price to that, we can spot a narrow horizontal range on an hourly time frame. Its support has just been broken - it is an important sign of strength of the sellers. I anticipate a further decline now to 0.8666 / 0.865 ...
Hey Traders, in tomorrow's trading session we are monitoring EURGBP for a buying opportunity around 0.86600 zone, EURGBP is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.86600 support and resistance area. Trade safe, Joe.
Hello traders , today i took a look at EURGBP the pair looks very very bearish to me. here our your clues Weekly TF Double bottom on key level formed Broken bearish trendline Broken neckline with strong bullish candle. i believe the trend has reversed the pair is bullish now you should be looking for buying opportunities.
EURGBP is on a strongly bullish 1D technical outlook (RSI = 67.813, MACD = 0.002, ADX = 32.512) as it is rising on HL since the 0.84950 bottom. The 1D MA50 has been turned into Support but the price is now approaching the first important Resistance levels for the long term, R1 (0.87025) and more importantly the 1D MA200. If it achieves a candle close above, we...
Last week EURGBP posted a green Heiken Ashi candle on the weekly chart. This suggests to me that we may see another green weekly Heiken Ashi candle. It is also the case the a green Heiken Ashi candle was posted on the daily time frame after a series of red candles. This suggests to me that we may see a multi-day bull run.
The EURGBP pair gave us a solid sell signal (1D RSI breaking the Higher Lows) on our last call (August 03) and has already hit our first target (see chart below): The pattern remains a Channel Down since the February 03 High, maintaining the bearish trend unless the 1D MA200 (orange trend-line) breaks. It is also possible to see a transition to a Rectangle...
Hey Traders, in today’s trading session we are monitoring EURGBP for a selling opportunity around 0.86200 zone, EURGBP is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.86200 support and resistance area. Trade safe, Joe.
Rejections on daily chart and watch for any breakout to bring this pair lower. **Find out more from my Tradingview Stream this week** *************************************************************************************** Hello there! If you like my analysis and it helped you ,do give me a thumbs ups on tradingview! 🙏 And if you would like to show further...
Hey Traders, in today’s trading session we are monitoring EURGBP for a buying opportunity around 0.85400 zone, EURGBP is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.85400 support and resistance area. Trade safe, Joe.
Hey Traders, in today’s trading session we are monitoring EURGBP for a buying opportunity around 0.857 zone, EURGBP is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.857 support and resistance zone. Trade safe, Joe.
This can be a potential triangle pattern. It is drawn two lines between the strongest and most recent reaction zones. I think the price will bounce back up to create a third touch in center where the two lines crosses before making its way down in the major trend.
Hey Traders, in today's trading session we are monitoring EURGBP for a buying opportunity around 0.85000 zone, EURGBP is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.85000 support and resistance zone. Trade safe, Joe.
Update for EURGBP. Earlier, we spotted a confirmed breakout of a key daily support. The market is retesting the broken structure at the moment. The price formed a bearish flag pattern on a 4h time frame. Your confirmation to sell will be a breakout of its lower boundary - 4h candle close below a trend line will confirm a violation. A bearish continuation...
EURGBP broke and closed below a support line of a bearish flag pattern, after a test of a key daily structure resistance. I will expect a bearish trend continuation next week. Target will be 0.8515 ❤️Please, support my work with like, thank you!❤️
EURGBP broke and closed below a key daily structure support. The broken structure turned into a strong resistance. The market is currently retesting that. I will expect a bearish movement to 0.8515 ❤️Please, support my work with like, thank you!❤️
Hey Traders, in today's trading session we are monitoring EURGBP for a buying opportunity around 0.85400 zone, EURGBP is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.85400 support and resistance zone. Trade safe, Joe.