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EURGBP

EURGBP - Time for distribution lower ✅Hello traders! ‼️ This is my perspective on EURGBP. Technical analysis: As we can see here price was in a range for the last couple of days and now it manipulated buy side liquidity and rejected from bearish order block. I expect we can see distribution lower for taking sell side liquidity Fundamental news: On Thursday we will see the results of Interest Rate on GBP and EUR. Like, comment and subscribe to be in touch with my content!
Short
by Snick3rSD
2
EURGBP H4 | Reacting off support level?Price could react off our buy entry which is a multi swing-low support level at 0.85631. Our take profit is at 0.86107, an overlap resistance level. Stop loss is at 0.85306, which is a pullback support level. 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. 67% 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. 72% 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.
Long
by FXCM
EURGBP Consolidating before a sell.The EURGBP pair is on the 6th day of consolidation following the late November sell-off, trading considerably below both the 1D MA50 (blue trend-line) and 1D MA200 (orange trend-line). The long-term pattern that has been more established since the February 03 High is a Channel Down and it appears that this is a usual technical consolidation phase before the bearish leg enters its 2nd phase. The 1D RSI got oversold though on December 01 and rebounded back above the 30.00 barrier, which aso explains the consolidation since, but be aware that if the 1D MACD completes a Bullish Cross, it will be time to buy and target the 1D MA50. Until then, we are bearish, aiming for a usual (since June 2022) -4.18% decline from the recent Lower High at 0.8400. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
Short
by TradingShot
HelenP. I After breaking trend line, GBP can continue to riseHi folks today I'm prepared for you British Pound analytics. A short time ago price declined to resistance 1, but at once rebounded and started to move up to resistance 2, which coincided with the resistance zone. EURGBP at once rebounded from this level and fell below, but soon it bounced back and even entered to resistance zone, where it reached the trend line. After this, the price started to decline and in a short time, it broke resistance 2 and fell to resistance 1 level. Later British Pound broke this level too and declined to the 0.8555 support level, which coincided with the support zone. But a not long time ago it rebounded from this level to the trend line and broke it. Now price trades near the support zone and I expect that the British Pound can make a retest of the trend line and then rebound up. That's why I set up my target at the 0.8620 level. If you like my analytics you may support me with your like/comment ❤️
Long
by FirstNameHelen
2
EURGBP Is Bearish! Sell! Here is our detailed technical review for EURGBP. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is testing a major horizontal structure 0.856. Taking into consideration the structure & trend analysis, I believe that the market will reach 0.851 level soon. 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!
Short
by SignalProvider
1
EURGBP H4 | Bouncing off 78.6% Fibo level??EURGBP is bouncing off our buy entry to our take profit level. Entry: 0.85622 Why we like it: There is a multi-swing-low support and it aligns with the 78.6% Fibonacci retracement level. Stop Loss: 0.85622 Why we like it: There is the pullback support level Take Profit: 0.86163 Why we like it: There is the pullback resistance level Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). 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 Everest Fortune Group.
Long
by VantageMarkets
1
EURGBP H4 | Bullish Bounce?EURGBP is rising from a swing low support toward our take-profit target. Entry: 0.85664 Why we like it: There is a multi-swing-low support level. Stop Loss: 0.85665 Why we like it: There is the pullback support level Take Profit:0.85873 Why we like it: There is swing-high resistance level Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). 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 Everest Fortune Group.
Long
by VantageMarkets
EURGBP Will Go Up From Support! Long! Take a look at our analysis for EURGBP. Time Frame: 8h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 0.860. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 0.865 level. 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