Get started

Eurgbpsell

WEEKLY EURGBP ANALYSISThis is my long-term analysis of EURGBP. It has completed 4 Elliot Wave impulse waves and is preparing to begin the 5th wave down to complete the sequence. The Fibonacci retracement from WAVE 1 rejected the 61.8% level, showing the trend is strong. Therefore my target for the end of WAVE 5 and completion of this trend/sequence is at the 161.8% level (0.8454). If I had to guess a time limit on this I would say 3 to 4 weeks. I would then expect a correction wave. Happy trading! Joe
Short
by JoeJagger
EURGBP analysis | Still free falling? Or finding support?Massive movement to the downside with EURGBP after a big move like this I like to let the dust settle for a bit before jumping into a trade. is 0.86 holding as support? It seems like it for the time being. Remember patience is key with forex, there is always another opportunity to take a trade no reason to rush into anything when there is no clear direction. For my full market break downs and trades click the link in my bio! Feel free to message me on instagram anytime if you ever need help!
by Layne_LV
EURGBP - Sell NowYes sell EURGBP till its reach 0.786 fibo level and from there onward price will retrace and will move up. if you can see there head and shoulder patter was formed which is bearish movement it has a couple of times tested support but still price can be crossed the support hence if you see the 0.786 fibo level was main key area to retrace the price. Note: Trade at your own risk and this is not involved with any fundamentals. Join our our telegram for free signals - @theturningpoint www.turningpointfx.com twitter.com www.facebook.com www.instagram.com
Short
by TuanMSallay
EURGBP - FOREX - 07. OCTO. 2019Welcome to our weekly trade setup ( EURGBP )! - 1 HOUR Bullish price action and rising market. 4 HOUR Bearish drop last week which changed our direction bias to short. DAILY Good short entries after the daily pullback to the upside. - FOREX SETUP SELL EURGBP 1ST ENTRY @ 0.88970 (Wait for trigger) 2ND ENTRY @ 0.89140 SL @ 0.89460 TP @ 0.88440 RR: 1.1 / 2.35 Use 0.5% risk per Entry! (Remember to add a few pips to all levels - different Brokers!) Leave us a comment or like to keep our content for free and alive. Have a great week everyone! ALAN
Short
by DACapitalTrading
5
Possible EUR/GBP Short Position!! SMP TRADING SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY SMP Strategy Chart time frame - H4 Timeframe - 1-2 Days A – Activating Event Market will meet resistance in zone @ 0.893 - ... . In order to enter into this trade, the pair MUST be in line with my Entry Procedure.... B – Beliefs Market will move towards the first Target 1 level @ 0.886 C - Fundamentals that may affect the pair Nil D - Trade Management Entered @ ..... Stop Loss @ ..... Trailing Stop Loss@..... Target 1 @ 0.886 Target 2 @ .... Risk/Reward @ 1.5.1 Happy trading :) Follow your Trading plan, Remain disciplined and Keep learning !! Please Follow, Like,Comment & Follow :) This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
Short
by SMPTrader
EURGBP Fundamental Analysis – September 18th 2019Here are the key factors to keep in mind today for Euro trades: Italian Industrial New Orders and Industrial New Sales: Italian Industrial New Orders for July are predicted to increase by 1.9% monthly and to decrease by 2.6% annualized. Forex traders can compare this to Italian Industrial New Orders for June which decreased by 0.9% monthly and by 4.8% annualized. Italian Industrial New Sales for July are predicted to increase by 0.2% monthly and to decrease by 1.5% annualized. Forex traders can compare this to Italian Industrial New Orders for June which decreased by 0.5% monthly and by 0.8% annualized. Eurozone CPI and Eurozone Core CPI: The Eurozone CPI for August is predicted to increase by 0.2% monthly and by 1.0% annualized. Forex traders can compare this to the Eurozone CPI for July which decreased by 0.5% monthly and which increased by 1.0% annualized. The Eurozone Core CPI for August is predicted to increase by 0.2% monthly and by 0.9% annualized. Forex traders can compare this to the Eurozone Core CPI for July which increased by 0.2% monthly and by 0.9% annualized. Here are the key factors to keep in mind today for British Pound trades: UK CPI: The UK CPI for August is predicted to increase by 0.5% monthly and by 1.9% annualized. Forex traders can compare this to the UK CPI for July which was reported flat at 0.0% monthly and which increased by 2.1% annualized. The Core CPI for August is predicted to increase by 1.8% annualized and the CPI Including Housing Costs is predicted to increase by 1.9% annualized. Forex traders can compare this to Core CPI for July which increased by 1.9% annualized and to the CPI Including Housing Costs which increased by 2.0% annualized. UK PPI: The UK PPI Input for August is predicted to decrease by 0.2% monthly and by 0.1% annualized. Forex traders can compare this to the UK PPI Input for July which increased by 0.9% monthly and by 1.3% annualized. The UK PPI Output for August is predicted to increase by 0.2% monthly and by 1.7% annualized. Forex traders can compare this to the UK PPI Output for July which increased by 0.3% monthly and by 1.8% annualized. The UK PPI Core Output for August is predicted to increase by 0.2% monthly and by 2.0% annualized. Forex traders can compare this to the UK PPI Core Output for July which increased by 0.4% monthly and by 2.0% annualized. UK RPI: The UK RPI for August is predicted to increase by 0.7% monthly and by 2.6% annualized. Forex traders can compare this to the UK RPI for July which was reported flat at 0.0% monthly and which increased by 2.8% annualized. The UK RPI Excluding Mortgage Interest Payments for August is predicted to increase by 2.5% annualized. Forex traders can compare this to the UK RPI Excluding Mortgage Interest Payments for July which increased by 2.7% annualized. UK House Price Index: The UK House Price Index for July is predicted to increase by 1.0% annualized. Forex traders can compare this to the UK House Price Index for June which increased by 0.9% annualized. Should price action for the EURGBP remain inside the or breakout above the 0.8790 to 0.8885 zone the following trade set-up is recommended: Timeframe: D1 Recommendation: Long Position Entry Level: Long Position @ 0.8860 Take Profit Zone: 0.9085 – 0.9145 Stop Loss Level: 0.8765 Should price action for the EURGBP breakdown below 0.8790 the following trade set-up is recommended: Timeframe: D1 Recommendation: Short Position Entry Level: Short Position @ 0.8765 Take Profit Zone: 0.8615– 0.8680 Stop Loss Level: 0.8800
by PaxForex