EURGBP formed double topRespected followers, as we can see on Weekly chart, EURGBP has made Double Top which indicate us for bearish market.
Eurgbpforecast
sell at 0.9042 take profit at 0.8990 intraday tradejust an intraday trade
40-50 pips to take in less 24h
i think about sell the news and buy the rumour on GBP
Theresa may will make short speech sooner..i take just 45-50 pips in case if the speech worst for gbp anyway some pullback is likely to happens
EURGBP Trade OpportunityIf we break upwards of the triangle forming expect to move higher. If we break and close below the support area in green, price will fall to the targets.
EUR/GBP - Resistance level of 0.89200, will it hold?If the Resistance level of 0.89200 won't be broken we could see a drop to 0.88700
Goodluck trading and let me know what you guys think about EUR/GBP!
EUR/GBP - Resistance not broken on 4H Chart Resistance level of 0.89200 not broken, possible short to 0.88300
Goodluck trading and let me know what you guys think about EUR/GBP!
EURGBP - THIS WEEK UPDATEEURGBP Continued where it stopped last week
and has been dropping. expecting a reversal soon
before we continue the drop
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EURJPY bullish speculationexpecting a bullish turn here, we might extend all the way to 127.8 before turning. any 4hr candle that breaks below 128 and closes there, invalidates this idea.
EURGBP bearish speculationExpecting a trend reversal either somewhere around here or after we break the minor resistance at around 0.895.
EURGBP Forecast...Journey to 0.85000EURGBP Forecast And Midterm Technical Levels
We have reached our midterm targets on EURGBP. Two trades closed with 300 pips.
What’s Next?
Fundamentally:
The positive developments in Brexit and the hawkish speech by President Carney at the BOE meeting last week may continue the support Sterling and accelarate the bullish move.
What did Carney say at the BOE meeting?
Economy is getting warm
When the issue of Brexit is resolved, BoE may go rate hikes faster than the market’s expectations
We expect Brexit negotiations to be positive
As BOE, we are ready to take all necessary actions.
Technically:
The pair moved out of “Buy Zone ” and trading below the Ichimoku Cloud on the weekly chart. On the Daily Chart 0.87200 and 0.86900 supports are the key levels. The breakout of 0.88900 support would accelerate the bearish move. The midterm targets of the pair below 0.86900 are 0.86200 and 0.85500.
EURGBP -- TIME FOR A BREATHER -AFTER THE DROPI REALLY HOPE YOU GUYS CAUGHT SOME OF THE DROP. I MUST SAY IT HIT TAKE PROFFIT AROUND 70% OF THE DROP BUT ITS ALL GOOD. WE CANT HAVE IT ALL :)
EURGBP DROPPED A LOT MORE THAN I EXPECTED
NOW I AM EXPECTING SOME CONSOLIDATION.
THIS SHOULD REVERSE TO SOME RESISTANCE
BEFORE CONTINUATION DOWN
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EURGBP SELL - CONTINUATION FROM YESTERDAYEURGBP IS LOOKING GOOD FOR A SELL
GOOD RISK 2 REWARD ALSO
HOPE A FEW OF YOU GOT THAT DROP I SENT OUT
See previous analysis
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EURGBP -- SELL NOW - COMING WEEK UPDATEEURGBP has retraced to Fibonacci retracement
level of 0.382 as previously surmised.
Also Stoch RSI is going into overbought territory.
Be ready to jump in for a sell if you are not in already
See previous analysis
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EURGBP - IMPORTANT POINT COMING THIS WEEKi am expecting this going down
what do you think?
like comment and follow :)
SEE PREVIOUS CHATS
EURGBP / REBOUND?EURGBP / REBOUND?
No change from our point of view, the expected rally should be considered as a corrective structure (technical rebound), and then we expect a new bearish leg.
EURGBP updatebreaking the line for EURGBP should bring the bears back in but i am expecting this to go back up
