EURGBP Buy chance is comingHello Traders Welcome back to another profit day
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Here is the full analysis for this pair, Let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
EURGBP is rejecting from support area and try to go to the resistance area Take a buys-top order on the top of support area, let's watch together
Remember this analysis is not 100% accurate No single analysis is To make a decision follow your own thoughts.
The information given is not a Financial Advice.
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have a good profit week guys
Eurgbpanalysis
EURGBP – starting to look bullish 30 Apr, 2021After forming a low at 0.8470, this pair turned around, made an equal high, fell back down but now is now making another attempt to break above 0.8720. As the daily chart above shows, it is consolidating at the moment. A daily close above this level will be an indication that price may move higher.
s3.tradingview.com
The H1 view above shows a kind of squeeze happening. This may take another 2-3 days, but in my opinion a breakout above 0.8720 is likely. In that case there will be a good trading opportunity with a relatively tight stop on offer.
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As always, please use sound money and risk management in all your trades.
EURGBP IdeaG'day Guys.
As mentioned previously, EG in major sideways formations.
We expecting EG will completing Uptrend cycles. In weekly perspective, price creating a correction on south side and now for me the price starting to change directions.
In Hourly perspective, am expecting price heading higher and continue to complete the market cycles.
There some position idea might useful for you guys..
Let's see what happen next on this pair. Cheers.
EURGBP analysis on the daily and 4 hour charts1 - An upside transcend a downtrend.
2- It is at the end of the inverted head and shoulders model.
His purchasing goals are:
0.87746
0.88054
0.88222
0.88562
0.88885
0.89126
0.89225
Note: its rise continues as long as 0.86675 is not broken
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Personal opinion: Better to buy, and this is more certain when it crosses the neckline of the head and shoulders pattern.
EURGBP IdeaG'day Guys
Next let check out EURGBP
As projected from my previous posting. this pair still on Major Sideways.
Today am expecting, this pair pushing the price further down before rebound to continue sideways.
If nothing happen on fundamental and sentiment (human behavior) for this week. I positively believe this pair gonna create formation as projected.
Stay tune..