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Eurgbpanalysis

EurGbp strong reversal after BoEYesterday BoE has risen interest rates, this fact only affected EurGbp for the moment, with the pair dropping to 0.8450 zone but strongly reversing after and closing the day above 0.85 figure and leaving the chart with a very nice long-tailed Pin Bar. This is a clear indication for me that the market already priced in this rase and the road for EurGbp is in fact up. My target for buy trades is 0.8650 resistance and only a new low under yesterday's one would change my opinion
Long
by Mihai_Iacob
3
EURGBP Butting Heads with SupportEURGBP currently bouncing around just above a strong previous support level on the 15Min, while still looking Strong Bearing on the 4H. Possible to see a short term bounce up, but longer term view we're looking to see a break below this support line to test the previous lows from October and then November. Price continues to follow a choppy downtrend with lower lows highs, with the exception of a brief December 8th rally that was quickly extinguished.
Short
by HayeTrading
EURGBP 1000+ PIP REENTRYHad a beautiful 200pip move which hit tp1 on the long term eurgbp buy. I am now looking for a reentry based of the 4D candlestick and looking to swing this up. Potential take profit areas are the same as shown through the horizontal lines. DISCLAIMER: I am not a financial advisor and nor is this financial advice. Only risk what you can afford to lose. Trading live carries risk and you may make money or lose some or all of your capital. I am not liable for any gains or losses made
Long
by Turtlesoup_Maestro
Trade Idea - EURGBPEURGBP rallied to just shy of its 200-day SMA. Better risk sentiment today has led to some selling toward the 0.85 round number. The 200-day SMA resistance as well as the upper trend line of the descending channel has been a key line in the sand which has seen rallies stumble. If EURGBP pushes higher above the 200-day SMA it could move towards 0.86-0.865 as stops are triggered placed above the 200-day SMA. If omicron turns out to be less important than feared, EURGBP could move lower towards 0.84. Ben Broadbent’s neutral speech today didn’t drop any hints on what the BoE may do at their December meeting.
by FxLabsPlus
2
EURGBP BUY 1000+ PIPS?!!Looking at a long term swing trade for eurgbp. We have played into a nice weekly orderblock and are showing signs of accumulation on the lower timeframes. We are at discounted levels right now hence I believe it is a good place to long. Potential take profits are shown through purple lines. Risk 1-2% Potential risk:reward => 1:10+ DISCLAIMER: I am not a financial advisor and nor is this financial advice. Only risk what you can afford to lose. Trading live carries risk and you may make money or lose some or all of your capital. I am not liable for any gains or losses made
Long
by Turtlesoup_Maestro
1
EUR / GBP 0.84733 -0.01 % SHPRT IDEA * CONTINUATION PATTERNS P/AHELLO EVERYONE HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE, HERE'S A LOOK AT POSSIBLE SCENARIOS THAT COULD PLAY OUT IN THIS WEEK ON THE EUR/GBP . * looking for trend continuation on this pair. Here is where we started with this one. - while significant moves with the bulls may change the plan, looking for a break below of structure on this on & continuation. IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE SMASH THAT LIKE BUTTON & LEAVE A COMMENT. ALWAYS APPRECIATED ____________________________________________________________________________________________________________________ * Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT. _____________________________________________________________________________________________________________________ | * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - SWING TRADE
Short
by PULEMokhothu
1