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EURGBP

EURGBP Trading IdeaBased on Simple Technical Analysis ( Trendline + Support & Resistance ) Risk Disclaimer: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are for educational purposes only. Any action you take on the information in these analysis is strictly at your own risk. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Good luck :-)
Long
by ShahedZare
EURGBP Massive Long! BUY! My dear friends, EURGBP looks like it will make a good move, and here are the details: The market is trading on 0.8524 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 - 0.8567 Recommended Stop Loss - 1.8501 About Used Indicators: Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis ——————————— WISH YOU ALL LUCK
Long
by AnabelSignals
3
EURGBP: Technicals and ECB Policy ShiftIn today's trading session, our focus is on EURGBP, where we are eyeing a selling opportunity around the 0.85800 zone. Technically, EURGBP is trading in a downtrend and currently navigating a correction phase towards the 0.85800 support and resistance area. Now, delving into the fundamental layer, we are inclined towards a bearish stance on the Euro due to potential rate cuts from the European Central Bank (ECB) in April. The recent policy stance of the ECB indicates a shift towards a more accommodative monetary policy stance. President Lagarde's avoidance of calendar guidance in favor of data dependence further underscores this shift. The ECB's acknowledgment that data have been trending positively, albeit faster than expected, suggests a willingness to act preemptively if economic conditions warrant it. The latest PMI data, while showing signs of improvement in the manufacturing sector, also hint at supply disruptions affecting delivery times, which could temper the overall economic recovery. Additionally, disappointing forward-looking indicators like the fo climate index and subdued inflation expectations from ECB surveys contribute to a cautious outlook on the Euro's prospects. As such, the constraints on the ECB are easing, paving the way for potential monetary policy adjustments in the coming months, including the possibility of rate cuts. This shift in policy stance and the accompanying real rate differentials could weigh on the Euro against other currencies, including the British Pound. In light of these factors, maintaining a bearish outlook on the Euro seems prudent, with EURGBP positioned for potential downside movement in the near term
Short
by JoeChampion
1
⚡️Strifor || GBPUSD-30/01/2024Preferred direction: SELL Comment: Our deal on the pound has been going on for a long time. However, this does not in any way affect the sales we expect. Most likely, this expected fall is being delayed due to insufficient accumulation of the buyer, which is the main resource for the fall. The main target of the fall is located at the level of 1.25000 . But we are also considering an intermediate target at 1.26000. Thank you for like and share your views!
Short
by Strifor
4
⚡️Strifor || EURUSD-30/01/2024Preferred direction: SELL Comment: The currency pair continues to be under selling pressure. A number of important publications and reports are expected this week, and most likely the euro will fall to around 1.07500 by mid-week. Therefore, the previous plan is in force and we expect its further development. Already in the area of ​​the indicated target, one may consider medium-term long, but it is another story. Thank you for like and share your views!
Short
by Strifor
1
EURGBP - Price can bounce from support area and continue fallHi guys, this is my overview for EURGBP, feel free to check it and write your feedback in comments👊 Some days ago price entered to flat, where in a short time it fell to support level, which coincided with support area. After this, GBP made strong upward impulse to resistance area, thereby exiting from flat and later it turned around. Price started to decline in falling channel, where it first broke $0.8700 level and fell to support line of channel. Then price bounce continued to decline and soon reached $0.8555 support level, which recently it broke. Next, GBP fell lower but soon backed up, and at the moment British Pound trades in support area. Possibly, price can bounce from this area and continue to decline to $0.8450 support line of channel. If this post is useful to you, you can support me with like/boost and advice in comments❤️
Short
by WalterMoon
EURGBP Will Grow! Buy! Take a look at our analysis for EURGBP. Time Frame: 5h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is on a crucial zone of demand 0.853. The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 0.857 level. P.S The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce. Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news. Like and subscribe and comment my ideas if you enjoy them!
Long
by SignalProvider
1
⚡️Strifor || GOLD-25/01/2024Preferred direction: SELL Comment: Gold behaves quite surprisingly. After rather optimistic statistics from the US this week, the metal sank under pressure from the US dollar, while other instruments reacted much more modestly. Our first goal is almost achieved. However, a fall below 1980 is being considered, namely to 1960 . The growth potential of the US dollar has not even begun to exhaust itself, so we can expect a considerable fall in gold. Today is one of our busiest days, with many important statistics expected, especially from the USA . Therefore, increased volatility today is completely normal. Thank you for like and share your views!
OANDA:XAUUSDShort
by Strifor
1
⚡️Strifor || GBPUSD-25/01/2024Preferred direction: SELL Comment: The British currency completely duplicates the situation with the EURUSD currency pair. Here, we also continue to stick to sales. The main target according to our previous trading ideas is the level of 1.25000 . Technically, and according to volume analysis, we have both an entry point and a resource in the form of bid-accumulations, due to which we assume a downward impulse will be generated. On Thursday, that is, today a large number of economic events from the EU and the USA are expected. . Therefore, most likely today will be decisive and the instrument will finally shoot down, as we expect. Thank you for like and share your views!
Short
by Strifor
1
EURGBP Day | Falling to support levelEURGBP is falling towards a pullback support and might continue to fall further to the take profit level. Sell entry is at 0.85093 which is a pullback support. Stop loss is at 0.86235 which is a level that sits under an overlap resistance. Take profit is at 0.83448 which is a swing-low support. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Short
by FXCM
EURGBP Will Grow! Buy! Take a look at our analysis for EURGBP. Time Frame: 4h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 0.855. Taking into consideration the structure & trend analysis, I believe that the market will reach 0.858 level soon. P.S We determine oversold/overbought condition with RSI indicator. When it drops below 30 - the market is considered to be oversold. When it bounces above 70 - the market is considered to be overbought. Like and subscribe and comment my ideas if you enjoy them!
Long
by SignalProvider
1