Eurgbpbullish
The trend has changed #EURGBPThe eurgbp crossed the resistance and it has returned to the old range of 0.8630 to 0.9070, we are currently just in the middle of the road but since we see the trend is bullish and the positive momentum is, We recommend buying.
Entry price: 0.88
Take profit: 0.9020
Stop loss:0.87
EURGBP Trend Reversal PossibleEURGBP has been in tight range of 0.86500 and 0.84700 since 15 days. Price has created good support at this level which is important trendline support.Price is also near to 200EMA support which increase the probability of bullishness. I will wait for retracement after breakout of 0.86500....Will eneter the position at 0.86700 levels with the stoploss of 0.85400 for the target of 0.88000-0.89000.
EURGBP Analysis+SignalWe added the Fibonacci Retracement to the graph after a relatively large drop or rise it helps to analyze, So last week the euro rallied against the pound and started to rise even crossed the 23.6 Fibonacci line and then stopped right in the 38.2 area and fell back to 23.6, We believe that the price will stabilize and gradually return to the 38.2 Fibonacci and possibly cross it.
Be careful with the Doji Candlestick created during the weekly time period (This can indicate the sellers' victory in this war)
Buy EUR/GBP
Entry Price:0.8759
Stop Loss:0.8720
Take Profit:0.8810
EURGBP BUY THE BREKOUTEURGBP has hit its previous April 2018 low.
i am expecting a horizontal pullback where it
could potentially reverse to its support at
around 0.87657
EMA 200 & EMA 21 are both in the sell zone so
WATCH OUT.
Watch out for the break in the RED trend line
as this could leads us back to
its support of 0.87657
See previous analysis
PLEASE SUPPORT THE MOVEMENT WITH YOUR
LIKES, COMMENTS AND FOLLOW FOR MORE
#EURGBP Signal With technical analysisAs can be seen in the graph above, (A-Time Period) during this period we were in a distinct upward trend-3 years. (B-Time Period) The market remained stable and ranged from 0.8640 to 0.92 And now we are at the bottom of the price and that's why we'll take advantage of it and recommend a buy signal
Entry Price: 0.8690
Stop Loss: 0.8600
Take Profit: 0.8850
EURGBP Signal D1 For Now!as you can see in the graph above we have a Double Bottom model (pattern is made up of two consecutive troughs that are roughly equal, with a moderate peak in-between) If there are no surprises, the price will climb again!
Our recommended:
Buy EUR/GBP
Entry Price: 0.8710
Stop loss: 0.8640
Take Profit: 0.8820