#EURGBP - Currently the MARKET SENTIMENT for EURGBP is slightly on the DOWN SIDE. The main reason for that is the NEGATIVE RISK SENTIMENT for EUR. And we can mention BOE intervention. The reason for positive sentiment in EUR is USD SELL. But a good UP SIDE BIAS is coming for GBP now with the MARKET SENTIMENT. Due to this reason, all MARKETS including STOCKS...
Welcome back Traders, Investors, and Community! Hi Traders, EURGBP on H4 is right below the Bearish trend line acting as Resistance, If it breaks above it on the lower TF we can look for potential entry for long. ⬆️Buyat Resistance Breakout or Buy at 0.8563 ⭕️SL @ 0.8534 ✅TP1 @ 0.8640 ✅TP2 @ 0.8708 We will have more FREE forecasts in TradingView soon ❤️ Your...
At 16.Aug EURGBP price arrived to a support level. The first try to breakout isn't sucessfull and the price bounce from this level, but 22.Aug the price try again, and it was a successful. We can see the breakout and today 27.Aug the backtest. Today the price is at best place to open short positions, with 0.892 Target(the next support)
I suspect the POUND is actually stronger than we thought, with BREXIT/Article 50 being long priced in... the tops/bottom has been priced in and now it's time for the pound to come back... Post-Brexit Gap needs to closed