The primary trend of EUR/GBP is bullish on charts and price is trading above the trend line in its 4 hourly chart. In 4 hourly chart the price is sustaining above 200 day SMA and taking support of 50 day SMA indicating uptrend of the pair. It is having an important resistance at the level of 0.7665 and support at the level of 0.7525. If it breaks its resistance...
Hello Traders! EURGBP - the downward trend will continue, as soon as EURUSD currency pair falls. The Daily delta&clusters negative (bearish). We expect the rapid fall at the end of this month. Best regards, Powerful Traders.
* EURGBP R1 at monthly pivot point looking to hold and reverse. * Defined sell zone * Stochastic overbought and cross
Trading idea on 4h chart: Short EURGBP – getting into downtrend on retracement ________ Trading idea: limit sell order at 0.7395, Risk-Reward = 3.2 SL@ 0.7445 (-50), TP@ 0.7235 (+160) ________ - EURGBP is in a strong downtrend on monthly, weekly and daily charts ->only short positions - volatility is high on 4h and 1h charts and expected to be high tomorrow (BOE...