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Eurgbptrend
EURGBP. The price will return to the same mark.Hello my subscribers!
-The price of Euro this week has grown well and strengthened in the market.
-The price should develop in the form of a cup and a handle pattern.
-The price is currently at a key level,
-the price will go into the "handle" and return to the same mark where it was.
Good luck to you!
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EUR/GBP, price should hit the key levelEUR/GBP is very bearish and I think we will stay in this scenario until key level is hit.
EUR/GBP, next impulse to the upside should occurEUR/GBP broke the consolidation area and right now it is retesting it as new support. I expect the price to push up and generate new hourly highs.
Compras EURGBPEl euro ha respetado su zona de consolidación, sin embargo su ultimo movimiento a la alza me hace pensar que al terminar la cuña seguirá hacia la alza. manteniendo la misma distancia de subida que la anterior.
EURGBP. Saucer pattern.Hi traders.
The price of the Euro is developing on a saucer pattern.
The price is at a key level
and will reach the target after the start of trading.
Good luck to you.
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H4 Long Awaited Bull Trend Continuation As seen on chart, 0.885 has been quite a very solid resistance along with its ranging buddy, the 0.86750 support.
But now, it seems like price is ready for a breakout of this range.. a bullish breakout that is.
A break and close above 0.885 will result in a push higher to the 0.90750 terrain.
EURGBP ON RESISTANCE LINEHello Traders
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EURGBP IS CURRENTLY ON RESISTANCE LINE
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EURGBP BEARISHEURGBP BEARISH (RESTEST FIRST) Please leave a follow and like if you useful and I will keep posting for you guys!
Possible breakout for EUR/GBPLet's take a look at EUR/GBP on 4H chart. Price has demolished Resistance line with big forceful 4H candle and is ready for breakout. Lets wait for price to come back to test now Support line and then we could entry for Long. Or we could enter now for Long and place our Stop Loss right below Support line. Up to you, we will wait as we like to play it safe.
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EURGBP Idea primera Idea para la primer semana de mayo. El análisis esta fundamentado en soporte y resistencia "operando zonas de consolidación", ademas se usa un FIBO para medir el posible retroceso y de esta manera tener una entrada muy limpia y segura. también nos apoyamos de medias móviles buscando que el precio vaya en busca de las medias móviles para tomar un impulso a la alza.
EURGBP Trading In Channel PatternEURGBP is trading in channel pattern. We might see it will trade in channel pattern for some more time. For the longer term, we see consolidation to downside trend in EURGBP.
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EURGBP - DAILY CHART - BUY SETUPEurgbp - Daily chart - I see price bouncing from a daily demand zone so looking to take longs on retests of hourly demand zones.
EUR/GBP LONG SIGNALHey tradomaniacs,
welcome to another free trade-plan.
Important: This is meant to be a preparation for you. As always we will have to wait for a breakout and confirmation.
Market Buy: 0,87470
Stop-Loss: 0,86650
Target 1: 0,88560
Target 2: 0,89740
Target 3: 0,90720
Stop-Loss: 82 pips
Risk: 1%
Risk-Reward: 4,02
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EURGBP Market Outlook | Daily Forex Market BreakdownHey traders please LIKE & FOLLOW, thank you! Potential inverted head & shoulders. I believe we could be seeing some big movement to the upside soon. Already creeping up now. Keeping a sharp eye on EURGBP for potential longs soon.
EUR/GBPHI
EUR / GBP has reached its resistance line and will fall to the bottom of the specified arrow. I hope you enjoy this analysis.
EURGBP Market Outlook | Daily Forex Market BreakdownEURGBP
Has pushed lower, I wanted to see us push up and make a double top giving a clean opportunity for a short entry but it rolled over and didn’t look back. Still not much movement. Waiting to see how we react around these current levels, its looking like we could be seeing an inverted head & shoulders. We need to let price develop a bit more giving us clean rejections.
EURGBPHello traders!
EURGBP could move higher?
I'm expecting that this pair will go up to 0.90 level.
Was high momentum, break consolidation levels.
I will try to go long with pair every move.
I will try to find Corrections and I will be waiting for another Impulse.
DISCLAIMER: This is my personal opinion and view of the market, trade at your own risk. Use proper risk management and trust the process.
EURGBP: Bullish Technicals and Fundamentals 4H (Apr. 21)X FORCE GLOBAL ANALYSIS:
In this analysis, we explore the bullish probabilities of EUR/GBP based on the bullish evidence suggested by technicals and fundamentals.
Technicals
- We have seen a breakout from the bullish falling wedge pattern
- After Elliott Triangle Wave (ABCDE) counts to Wave E, we formed a double bottom
- The Relative Strength Index (RSI) shows higher lows, as a sign of trend strength
- The Moving Average Convergence Divergence (MACD), despite not showing tremendous momentum, shows an uptrend
Fundamentals
- The United Kingdom runs a large current account deficit, which makes the pound vulnerable as capital flows faded at the height of the Corona Virus (Covid-19) driven risk sell-off
- GBP remains fundamentally undervalued with a significant Brexit discount still attached
- With the COVID-19, both the EU and the UK have been preoccupied with issues other than Brexit trade agreement talks; this increases the risk of a big negative UK trade shock in 2021
What We Believe
We believe in a higher probability for a further bullish rally for EUR/GBP based on the bullish technicals and fundamentals
Trade Safe.
