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Eurgbpforecast

EURGBPThe euro is approaching a very important region on the longer-term charts as far as support is concerned. The 0.82 level being tested is a big deal, and if we were to break down below that level, the bottom will follow out of this pair. More likely than not, we will get a short-term bounce, but I would be a seller of that move because without a doubt the euro is one of the weakest currencies that we currently deal with. If we do get that breakdown, it will become a longer-term position.
Short
by SmoothJB
EURGBP LONGHello traders, this is my opinion on what will happen next on EURGBP . ➖➖➖➖➖➖➖➖➖➖➖➖ Price has broken thru support line on the uptrend channel dropped down on support level @ 0.83300 as I predicted in my last idea. Price is getting stronger now on the support and is gonna go up. my goal resistance @ 0.84100 ➖➖➖➖➖➖➖➖➖➖➖➖ Please use small lot's if you gonna trade on this, always use proper risk management and do more research before opening a position. ➖➖➖➖➖➖➖➖➖➖➖➖ My TradingView Community if you like my idea, please like and follow for support. Also if you have any opinion please write in the comments, always open to new ideas. Thanks for passing by and have a good day traders! ➖➖➖➖➖➖➖➖➖➖➖➖
Long
by pmfxtrade
EURGBP - FUNDAMENTAL AND TECHNICAL VIEWToday is not an important day for GBP. But CONSTRUCTION PMI DATA is due to be released today for GBP. It's the LOW IMPACT NEWS. But there is some significance. Also GERMAN FACTORY ORDERS and PPI m / m DATA will be released for EUR today. They are also HIGH VOLATILE but are very important INDICATORS. - EUR FEATURE currently stands at 1.0921 LEVEL. We can expect a very DOWN TREND compared to the previous days. It is located below the DYNAMIC S / R LEVELS. Also the GBP FEATURE stays at 1.3065 LEVEL. The EURGBP PRICE is priced below the DYNAMIC S / R LEVELS. Therefore, most of the time the PRICE can be sold and bought in the form of a STRUCTURE. Before that a RETRACEMENT can come to DYNAMIC S / R LEVELS. - Currently the SENTIMENT of the OVERALL MARKET is NEUTRAL. But it's too heavy for RISK OFF status. Also the EQUITIES are turning a bit red. VIX is getting a bit UP. Also COMMODITIES are now showing a DOWN SIDE BIAS. There is a NEUTRAL BIAS currently on the market. But because of VIX UP, EQUITIES DOWN, COMMODITIES DOWN the MARKET RISK is OFF. - EURGBP PRICE can be DOWN to 0.8303 LEVEL before UP. Then you can UP to LEVEL 0.8498. The PRICE will move according to this week's ECONOMIC INDICATOR DATA and MARKET SENTIMENT.
by benny_marshall
EURGBP LONG#EURGBP LONG (nr1) ➖➖➖➖➖➖➖➖➖➖➖➖ The pair is currently in a bullish trend and i expect to see bullish continuation and price to settle above 0.84700 resistance. ➖➖➖➖➖➖➖➖➖➖➖➖ I am going long on EURGBP My open position ENTRY: @ 083832 TP: @ 0.84740 SL: @ 0.83600 ➖➖➖➖➖➖➖➖➖➖➖➖ Please use small lots if you gonna trade on this idea. ➖➖➖➖➖➖➖➖➖➖➖➖ Please like, comment and share if you like my idea. ➖➖➖➖➖➖➖➖➖➖➖➖ This is a repost as my first one was removed because i break the rules by posting links
Long
by pmfxtrade
1
EURGBP: ASCENDING TRIANGLE PATTERN.Welcome members, old and new ones to this EURGBP hourly update. If you are viewing my post for the first time then do not forget to like and follow. I share updates on the crypto market including margin trading, futures, spot, and scalping. All ideas are my biased opinion and I invest in my own risk. I don't force anyone to buy or sell, I simply share my ideas absolutely for free and it is your sole decision whether to trade on it or use it to understand the market. Let's get back to the chart. EURGBP is under the ascending triangle and technically these patterns are a bullish formation that anticipates an upside breakout. So, here's the deal, once EURGBP breaks out of this ascending triangle that is above £0.843, we can enter long. That will be a clear-cut confirmation. Exit the trade if it breaks down below £0.837. Note: This is not financial advice. This trade setup is based on my T.A and I am risking my own money on this trade. I am reliable for my own losses and profits. So, trade as per your preference.
Long
by Dexter_The_Trader