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Eurgbpprediction

EURGBP - FUNDAMENTAL AND TECHNICAL VIEW- The EUR FEATURE currently stands at 1.0536 LEVEL. We will be able to see a slight UP TREND today compared to the previous days. The reason for this is that ECB has given a very HAWKISH CENTRAL BANK UPDATE. Stay tuned for more this week. - Its price is slightly higher than EURGBP DYNAMIC S / R LEVELS. Also the GBP FEATURE stays at 1.2257 LEVEL. Therefore, most of the time the PRICE can be sold in the form of a STRUCTURE and BUY. Before that a RETRACEMENT can come to DYNAMIC S / R LEVELS again. - Currently the SENTIMENT of the OVERALL MARKET is RISK OFF. Also EQUITIES is giving a slightly DOWN SIDE Tone. VIX INDEXES UP UP. But they can be UP. Also COMMODITIES now shows a DOWN SIDE BIAS. Currently the MARKET has a RISK OFF SENTIMENT. So be on the lookout, maybe in the NEWYORK SESSION in the market, maybe RISK ON because today is Monday. - EURGBP PRICE can be DOWN to 0.8475 LEVEL before UP. Then you can UP to LEVEL 0.8663. Also, the MARKET SENTIMENT may change after today's NEWYORK SESSION. Be aware of how the ECONOMIC INDICATORS and MARKET SENTIMENT differ.
by benny_marshall
EURGBP - FUNDAMENTAL AND TECHNICAL VIEW- The EUR FEATURE currently stands at 1.0425 LEVEL. We can see a slight UP TREND today compared to the previous days. The reason for this is that ECB has given a very HAWKISH CENTRAL BANK UPDATE. - Its price is above EURGBP DYNAMIC S / R LEVELS. Also the GBP FEATURE stays at 1.2222 LEVEL. Therefore, most of the time the PRICE can be sold in the form of a STRUCTURE and BUY. Before that a RETRACEMENT can come to DYNAMIC S / R LEVELS again. - Currently the SENTIMENT of the OVERALL MARKET is RISK OFF. Also the EQUITIES are turning a bit red. VIX INDEXES UP UP. Also COMMODITIES are now showing a DOWN SIDE BIAS. Currently the MARKET has a RISK OFF SENTIMENT. So be on the lookout, maybe in the NEWYORK SESSION in the market, maybe RISK ON today is Monday. - EURGBP PRICE can be DOWN to 0.8489 LEVEL before UP. Then you can UP to LEVEL 0.8584. Also, the MARKET SENTIMENT may change after today's NEWYORK SESSION. Be aware of how the ECONOMIC INDICATORS and MARKET SENTIMENT differ.
by benny_marshall
EURGBP - FUNDAMENTAL AND TECHNICAL VIEW - There is not much important news today for EUR or GBP. But this week's LOW IMPACT for EUR, but some very important news will be released. So we definitely need to keep an eye on the EUR on Friday. - EUR FEATURE currently stands at 1.0695 LEVEL. We can see a very UP TREND compared to the previous days. The reason for this is that ECB has given a very HAWKISH CENTRAL BANK UPDATE. It is located above the EURGBP DYNAMIC S / R LEVELS. Also the GBP FEATURE stays at 1.2720 LEVEL. The EURGBP PRICE is priced below the DYNAMIC S / R LEVELS. Therefore, most of the time the PRICE can be sold in the form of a STRUCTURE and BUY. 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 ON status. Also the EQUITIES are turning a bit GREEN. VIX INDEXES UP UP. Also COMMODITIES now shows a UP SIDE BIAS. Currently the market has NEUTRAL BIAS. But due to EQUITIES UP, COMMODITIES UP the MARKET RISK is ON. This MARKET CONDITION status has managed to DOWN CURRENCIES AUD, NZD, GBP. - EURGBP PRICE can be DOWM to 0.8353 LEVEL before UP. Then you can UP to LEVEL 0.8498. Then you can UP to LEVEL 0.8498. Also the MARKET SENTIMENT may change this week. RISK can be ON. So stay tuned for how the ECONOMIC INDICATORS and MARKET SENTIMENT change.
by benny_marshall