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Eurgbptrend

EUR/GBP BUY SIGNAL Hey tradomaniacs, welcome to new free trade-setup. Notice: This is meant to be a preparation for you! As always we will have to wait for a confirmation! EUR/GBP: Day-Swingtrade-Execution Notice: LOW risk please as POUND can be very shaky due to brexit-talks! Market-Buy-Order: 0,91015 Stop-Loss: 0,90400 Target 1: 0,91500 Target 2: 0,91880 Target 3: 0,92450 Stop-Loss: 61.5 pips Risk: 0,5% - 1% Risk-Reward: 2,42 LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me. Any questions? PM me. :-)
Long
by Trading2ez
8
EUR / GBP | Are we going to see 0.9798 the all time high of 2008EUR/GBP | Bearish move after restest? Are we going to see 0.9798 the all time high of 2008 on breakout of the 0.9500 ? Well, EUR/GBP lost upside momentum after hitting 0.9289 and now its consolidating which means it remains above 0.90686 we might see another move to the upside. Breakout of 0.9289 can resume upside move. Based on what we have already, the next target is 0.89109 . Thought we may retest the upside first which may show a false breakout. Let's watch... #JustTradeFxOnline Thanks for your love and support. Don’t forget to like and comment for more.
Short
by Hosi-Khulu
No Direction From EURGBP yet BUT for now...As mentioned from the title, I do not see any clear direction from EURGBP yet. However, I see a short opportunity from EURGBP as of now till 38.2 fib to 50.0 fib level area. (Red area) Initially, that area is of strong resistance level but price broken out of that level and now a retest of this zone is possible. I believe price level will fall slightly till the previous strong resistance level (now a strong support level). As for whether it is a fakeout, we would have to observe future price action. Therefore, what we can do now for EURGBP is just a short term sell opportunity with uncertainty ahead of us. Kindly hit the LIKE Button if you agree with my analysis and feel free to COMMENT your idea below. As for those who are keen to get daily updates and analysis from me feel free to FOLLOW me. Cheers and Happy Trading!!!
Short
by YGForex
2
EURGBP - BULLISH BIASEUR - BULLISH 1️⃣ Investors turned to riskier currencies amid renewed hopes of a coronavirus treatment after AstraZeneca said over the weekend it had resumed clinical trials of its COVID-19 vaccine. 2️⃣ The EU published earlier today July Industrial Production, which was up 4.1% in the month, beating expectations. 3️⃣ Investors continue to digest an upward revision to the Eurozone outlook for 2020 from the ECB and a calm approach to recent Euro strength. 4️⃣ The annual real GDP is now expected to shrink by 8% in 2020, a slight improvement from its June forecast of an 8.7% plunge, to then rebound by 5% in 2021 and by 3.2% in 2022. GBP - BEARISH 1️⃣ Expectations of negative interest rates continued to weigh on sterling ahead of the Bank of England's policy meeting on Thursday. 2️⃣ UK's employment data expect to print negative due to ongoing job losses showed in PMIs. 3️⃣ Recent data showed the UK economy continued to recover from the coronavirus crisis in July helped by the further lifting of restrictions but at a slower pace. ===== TECHNICAL ===== - We are buying this pair on RBS level + Friday's low level on H1 chart. - EURGBP in bullish zone.
Long
by MonsunAsia
EURGBP is waiting for a upside breakoutEURGBP On political front the cable has loses some earlier gain against its counterpart Euro. Though the selling of Euro has happened due to the overbought condition on many euro pairs such is EURUSD, EURJPY, EURCAD This pair is currently trading at the upside trend line resistance. Once this tree broken we can buy this pair up to 0.90800 which is a previous month high and the low liquidity zone where the buyers will close their buy positions and will wait for the short term bearish correction The price is trading zone the 50,100 Exponential moving average and 200 EMA is currently acting as resistance for the bull At 0.89600 level we can see a inverted hammer candle and a bullish engulfing candle which is a confirmation of further bullish trend On longer time frame the price is thrust above the 50% Fibonacci retracement level. At 0.90800 the minor trend line resistance will be formed. An this is the thin volume area 0.90000 is a major psychological level will act as a resistance too Please give us a thumbs up if u like our work and do follow us so that you can get a regular update about upcoming setups and ideas
Long
by forexorbit
1