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Eurgbpanalysis

EURGBP - FUNDAMENTAL AND TECHNICAL VIEW- The EUR FEATURE currently stands at 1.0425 LEVEL. We can see a slight UP TREND today compared to the previous days. The reason for this is that ECB has given a very HAWKISH CENTRAL BANK UPDATE. - Its price is above EURGBP DYNAMIC S / R LEVELS. Also the GBP FEATURE stays at 1.2222 LEVEL. Therefore, most of the time the PRICE can be sold in the form of a STRUCTURE and BUY. Before that a RETRACEMENT can come to DYNAMIC S / R LEVELS again. - Currently the SENTIMENT of the OVERALL MARKET is RISK OFF. Also the EQUITIES are turning a bit red. VIX INDEXES UP UP. Also COMMODITIES are now showing a DOWN SIDE BIAS. Currently the MARKET has a RISK OFF SENTIMENT. So be on the lookout, maybe in the NEWYORK SESSION in the market, maybe RISK ON today is Monday. - EURGBP PRICE can be DOWN to 0.8489 LEVEL before UP. Then you can UP to LEVEL 0.8584. Also, the MARKET SENTIMENT may change after today's NEWYORK SESSION. Be aware of how the ECONOMIC INDICATORS and MARKET SENTIMENT differ.
by benny_marshall
EURGBP: Euro strength back?!EURGBP Intraday - We look to Buy at 0.8465 (stop at 0.8415) We are trading at oversold extremes. A bullish hammer has been formed on the 4hr timeframe. This is positive for sentiment and the uptrend has potential to return. A higher low has been formed. Preferred trade is to buy on dips. Our profit targets will be 0.8615 and 0.8710 Resistance: 0.8505 / 0.8600 / 0.8710 Support: 0.8400 / 0.8295 / 0.8200 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). 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 Signal Centre.
Long
by VantageMarkets
EURGBP – Deep pullbacks but bearish overall - the week of 02 MayAs the 200dma shows this pair is bearish in the long term. Deep pullbacks and small gains each time seem to be the trend here. Scenario 1 - The 200dma could be touched again and provide resistance. If we see price stalling in this region, that could be a good entry location. Scenario 2 - Right now, price is at another significant level at 0.8380 and arrived with a strong bearish daily candle. It can continue straight through it on Monday and in that case, I will not get a short entry. My preferred scenario is a break below and a retest of 0.8380 and then a retest. I would then take a short with stop above the high of Friday and target the area above 0.8250. This could be a potentially 2R trade. If you like my analysis, please give it a “thumbs up” and follow me to get immediate notifications. Always use sound money and risk management in all your trades.
Short
by Trading_Vista
EURGBP - FUNDAMENTAL AND TECHNICAL VIEW- There is not much important news today for EUR or GBP. But this week's LOW IMPACT for EUR, but some very important news will be released. So we definitely need to be vigilant about the EUR today. - EUR FEATURE currently stands at 1.0592 LEVEL. We can see a very UP TREND compared to the previous days. This is because of the fact that ECB offers a very HAWKISH CENTRAL BANK UPDATE. It is located above the EURGBP DYNAMIC S / R LEVELS. Also the GBP FEATURE stays at 1.2351 LEVEL. The EURGBP PRICE is priced below the DYNAMIC S / R LEVELS. Therefore, most of the time the PRICE can be sold in the form of a STRUCTURE and BUY. Before that a RETRACEMENT can come to DYNAMIC S / R LEVELS. - Currently the SENTIMENT of the OVERALL MARKET is NEUTRAL. But it's too heavy for RISK OFF status. Also the EQUITIES are turning a bit red. VIX INDEXES UP UP. Also COMMODITIES now shows a UP SIDE BIAS. Currently the market has a NEUTRAL BIAS. - EURGBP PRICE can be DOWN to 0.8498 LEVEL before UP. Then you can UP to LEVEL 0.8584. Also the MARKET SENTIMENT may change after NFP. Be aware of how the ECONOMIC INDICATORS and MARKET SENTIMENT differ.
by benny_marshall