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Eurgbpidea

EURGBP - CURRENTLY IN DISCOUNT PRICINGTechnical Overview: - EUR/GBP We have had the chance to enter on a buy position last week and followed by closing the position before the initial drop we were anticipating. HTF - We are oversold from a higher time frame perspective and should be looking for long potential opportunities, since we are in the start of the week and US markets are closed on Monday, we do expect price to potentially going lower before we look for any buy opportunities. We will be approaching this with more caution and look should for confirmation before entering any to the upside. Analysis is only 1 piece of the puzzle 🧩 Our analysis is a sentiment for the upcoming week, month. Use this as a weather forecast, you are the person that has to put on a jacket when it’s raining. Trade this sentiment based off your own entry strategy at the right time. Flow with the Devil 😈 Trade with the manipulation👾
Long
by FlyDownX
7
EURGBP short trade ideaPlan: wait for the price retracement --> SELL (do your own research!) **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. Traders!! if you like my ideas and do take the same trade as I do, please write it in the comment so we can manage the trade together. _____________________________________________________________________________________________________________________ Thank you for your support ;) GWBFX
Short
by GWBFX
4
EURGBP long trade ideaPlan: resistance level breakout --> wait for the price to bounce off from support level --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar, etc --> BUY **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. Traders!! if you like my ideas and do take the same trade as I do, please write it in a comment so we can manage the trade together. _____________________________________________________________________________________________________________________ Thank you for your support ;) GWBFX
Long
by GWBFX
2
EUR/GBP Will Support HoldThis is at a big support level. I previously posted that this was in a range from this support and the upper resistance. Now we are at this support we need to see if it can hold before rising or if it breaks and drops. It has had a lower closing candle on the 21 Jan so there may be big pressure. I would keep a close eye on this and if it does break the support and has a closing daily candle beneath the support then this can be shorted on a retrace back to this level which would then be resistance.
by olly48
EURGBP long trade ideaPlan: resistance level breakout --> wait for the price to bounce off from support level --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar, etc --> BUY **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. Traders!! if you like my ideas and do take the same trade as I do, please write it in a comment so we can manage the trade together. _____________________________________________________________________________________________________________________ Thank you for your support ;) GWBFX
Long
by GWBFX
2
Brexit, the [upcoming] Euro crisis and the simple mathMuch like during WWI when Germany was "Shackled to a corpse" in the form of it's alliance with the Hapsburg Empire, so was Britain until recently, through it's union with the EU. Now, although Britain is finally free, chances are that this came a day late and a dollar short. Let's be real! - The European Union is nothing more than a rotting corps, not unlike every single large, closely nit trans-national alliance throughout the entire history of mankind. This is an inescapable fact of History. This is not only a historical fact but just as importantly, there are countless (computer, mathematical, socio-economic) simulations and models which bear this out, to a " T ". - With unanimous, categorical results. Brexit is now concluded and the question remains; "What will that mean for Britain?". - Or rather, what are the prospects of the Pound vs. the Euro. The title chart being the Quarterly EURGBP. Well, as it stands at the moment; 1) Not even a pandemic combined with the "dreadful" Brexit could push the Euro above 0.95 British Pounds; 2) Corollary to the above - and perhaps even more strikingly -, all the while the GBP remains the worst performing G10 currency by a wide margin; 3) While Europe was having it's "Maastricht Moment", the BoE decided to inflate it's own balance sheet to the tune of an eye-popping 120% of GDP. So, if these combined factors still refused to sink the Pound (and Britain with it, into the North-Sea) versus the Euro than what exactly would it take??... E.g.; This is not so because the Pound is so great, stable and a resilient currency despite all those factors but could it be that this is because the European Union is "rotting corps" and as such it is doomed, in the not too distant future. Don't believe it? - No problem. Take a look at the title chart and decide whether to "... believe your lying eyes".
by Nemo_Confidat
4
EURGBP downtrend setupprice direction: DOWNTREND potential target price: 0.9053 **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. Traders!! if you like my ideas and do take the same trade as I do, please write it in a comment so we can manage the trade together. _____________________________________________________________________________________________________________________ Thank you for your support ;) GWBFX
Short
by GWBFX
EURGBP short trade ideaPlan: wait for the price to bounce off from trendline or resistance level --> wait for the rejection candle pattern to form e.g. bearish engulfing, pinbar, etc --> SELL **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. Traders!! if you like my ideas and do take the same trade as I do, please write it in a comment so we can manage the trade together. _____________________________________________________________________________________________________________________ Thank you for your support ;) GWBFX
Short
by GWBFX
2