Eurgbpbullish
FURTHER SELLING POTENTIAL ON EURGBP 4HRPrice is currently showing minor bullish momentum in the form of a retracement. We may see price re-test our entry point before advancing lower to our target levels. Entry, Stop loss and take profit levels have been marked.
Should price move in our favour, you should be looking to scale out the majority of your position at TP1 , move the stop loss of your remaining position into profit and let it run. Or close completely at TP1
EURGBPPlease Follow My profil to get the forex ideas>> @PublicSquareFX EURGBP
Please share in comments what you think?
EURGBP BUY SETUP Tuesday, 2nd June 2020
#EURGBP BUY
ENTRY = NOW 0.89000
SL = 0.88500 (-50 PIPS)
TP = 0.91100 (+210 PIPS)
Disclaimer On
PLEASE USE YOUR OWN MONEY MANAGEMENT RULES
Your Money is Your Own Responsibility
EUR/GBP, next impulse to the upside should occurEUR/GBP broke the consolidation area and right now it is retesting it as new support. I expect the price to push up and generate new hourly highs.
EUR/GBP, price should at least re-highAs EUR/GBP is still in an uptrend, I am considering this as very beautiful buying opportunity with low risk and big potential profit.,
FIRST TARGET IN THE WAYwe see powerfull up trand in this year de u to corona and brexit
last week eurgbp broke the resistance
we keeping buy frome 0.87500 for first target in 0.91000
follow us for more free signals
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EURGBP BEARISHEURGBP BEARISH (RESTEST FIRST) Please leave a follow and like if you useful and I will keep posting for you guys!
EURGBP - DAILY CHART - BUY SETUPEurgbp - Daily chart - I see price bouncing from a daily demand zone so looking to take longs on retests of hourly demand zones.
EURGBP Market Outlook | Daily Forex Market BreakdownHey traders please LIKE & FOLLOW, thank you! Potential inverted head & shoulders. I believe we could be seeing some big movement to the upside soon. Already creeping up now. Keeping a sharp eye on EURGBP for potential longs soon.
EURGBPHello traders!
EURGBP could move higher?
I'm expecting that this pair will go up to 0.90 level.
Was high momentum, break consolidation levels.
I will try to go long with pair every move.
I will try to find Corrections and I will be waiting for another Impulse.
DISCLAIMER: This is my personal opinion and view of the market, trade at your own risk. Use proper risk management and trust the process.
EURGBP: Bullish Technicals and Fundamentals 4H (Apr. 21)X FORCE GLOBAL ANALYSIS:
In this analysis, we explore the bullish probabilities of EUR/GBP based on the bullish evidence suggested by technicals and fundamentals.
Technicals
- We have seen a breakout from the bullish falling wedge pattern
- After Elliott Triangle Wave (ABCDE) counts to Wave E, we formed a double bottom
- The Relative Strength Index (RSI) shows higher lows, as a sign of trend strength
- The Moving Average Convergence Divergence (MACD), despite not showing tremendous momentum, shows an uptrend
Fundamentals
- The United Kingdom runs a large current account deficit, which makes the pound vulnerable as capital flows faded at the height of the Corona Virus (Covid-19) driven risk sell-off
- GBP remains fundamentally undervalued with a significant Brexit discount still attached
- With the COVID-19, both the EU and the UK have been preoccupied with issues other than Brexit trade agreement talks; this increases the risk of a big negative UK trade shock in 2021
What We Believe
We believe in a higher probability for a further bullish rally for EUR/GBP based on the bullish technicals and fundamentals
Trade Safe.
EURGBP Market Outlook | Daily Forex Market BreakdownEURGBP
Bears look to be in control for the time being. I believe we will be seeing pound strength. Looks like we’re retesting support I believe support will get taken out before we start climbing back to the upside. My downside targets around .8600
EUR/GBP, don't miss this opportunity for LongEUR/GBP is still bearish, so we can't be looking for any Long for now. If we saw a false breakout of highlighted horizontal Mirror Level, we'd be looking for a nice buy in case price action speaks a bullish language.
EURGBP Market Outlook | Daily Forex Market BreakdownEURGBP
We broke below the range we were stuck in, asnd we pushed below a critical level of support. I believe the marker is tricking traders to take trades, I feel we will see at least final push to the downside giving us clean entries for longs.
EUR/GBP, we can see a Bullish movement this weekThe British Pound showed us weakness in the past few days. We expect the price to bounce and make pullback at least to the 0.90000 area, where the price can find some resistance.
EURGBP WILL NEED BIGGER SLHI, TRADERS
MY NAME IS KD
TODAY I HAVE A GOOD STRATEGY PUBLISH TO ALL OF YOU :)
YOU CAN CLOSE YOUR TRADE ANYTIME AFTER YOU SEE PROFIT.
THERE IS NO OBLIGATION TO CLOSE AT TARGET TP.
RISK MANAGEMENT IS VERY IMPORTANT :)
HAPPY TRADING~
_________________________________________________
WANT TO LEARN MORE OR RECEIVE ACCURATE AND IMMEDIATE SIGNAL?
Telegram: KDEZ00
BE PATIENT AND LONG EURGBPHI, TRADERS
MY NAME IS KD
TODAY I HAVE A GOOD STRATEGY PUBLISH TO ALL OF YOU :)
YOU CAN CLOSE YOUR TRADE ANYTIME AFTER YOU SEE PROFIT.
THERE IS NO OBLIGATION TO CLOSE AT TARGET TP.
RISK MANAGEMENT IS VERY IMPORTANT :)
HAPPY TRADING~
_________________________________________________
WANT TO GET MORE ACCURATE AND IMMEDIATE SIGNAL?
Telegram: KDEZ00
EURGBP LONGHello traders!
Looks like another opportunity is coming!
Wait till confirmation. If it breaks where I marked we can go LONG.
Impulse - Correction - Impulse
And after if the price will complete the first structure we will try to find the second entry after correction.
DISCLAIMER: This is my personal opinion and view of the market, trade at your own risk. Use proper risk management and trust the process.
