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Eurgbpsell

LOOK OUT BELOW!!!!! - EURGBP crashing down SELL at marketGBP is strengthening across the board this bank holiday Monday and GBPUSD LONG is looking good (i've already analysed this) and EURGBP looks a standout SHORT trade. My specialist indicator is strongly suggesting a SHORT/SELL trade on this pair with S1 resistance below which will be a target for BEARS. I think this level may go so I'm targeting .8640. I'm in at .8753 with a STOP at .8788. WS1 at .8710 will support so expect a bounce but these's so much bearish pressure .8500 is not out of the range of the BEARS .
Short
by theforexportal
EURGBP - Trend Line BreakHi everyone, I am an amateur trader who has been following signals for a while. I have done some forex courses online in my free time to learn the basics and now try and do my own analysis and set my own trades. I have been following some people on here and there has been a great knowledge base. Hopefully will continue with some courses soon. If anyone has any tips or comments, I would greatly appreciate them, so feel free to add them in the comments, after all knowledge comes with experience. Happy trading, hope everyone is well during these times. EURGBP - Previously I was thinking this would break current resistance and go long to around 0.5 fib support at the 0.9000 level. However now considering a retest of the trendline and a potential sell?
Short
by thekeybearer
4
EUR/GBP SHORTHello, My BE SL was reached and now I have just 1 position open. We can see that movement UP not so strong to change direction. Sellers dominate at the moment. I will keep this position open. 5:1 Risk ratio. DISCLAIMER: Any opinions, news, research, analyses, prices, or other information contained on this post is provided as general market commentary and does not constitute investment advice. We will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
Short
by bagdisb
2
EUR/GBP Trade AnalysisHello guys! Hope you are well. I spend a few hours to get a better picture of possible movement coming this week. First of all, we are in selling pressure (correction) already 9 days and around 600 pips. Probably this or next week we will complete correction and probably we will have another impulse UP. We have to keep that in mind to avoid bad trades and mistakes. My current situation is 2 open SHORT trades with around 150 pips profit. I'm preparing myself for 3 possible movements in the coming few days: 1. (Red) Price reacted to 0,89 level and this is completely fine, I was expecting to see such a movement. This level is in the middle between two strong levels 0,90 and 0,88. I think we will see now a small correction and the price will continue to drop. 2. (Green) We can see a bigger correction from 0,89 level up to 0,90 for retest that level. That's why I moved my second position SL to BE, to avoid negative positions. My first position will stay the same, looks like if this movement will happen I will be in a safe area. After all, if the price will reach 0,90 level I will change my TP to 0,89 area to avoid a double bottom pattern. 3. (Yellow) This movement has less probability to happen, but if it will the price has to brake 0,90 strong level and I want to see how it will brake. So basically everything depends on momentum. If it happens I want to see how it will happen. There is a chance that buyers coming. Let's see what this week can give us! If you have any questions don't hesitate to contact me. ;) DISCLAIMER: Any opinions, news, research, analyses, prices, or other information contained on this post is provided as general market commentary and does not constitute investment advice. We will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
Short
by bagdisb