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Eurgbp!

EURGBP Will Go Lower! Sell! Please, check our technical outlook for EURGBP. Time Frame: 3h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a key horizontal level 0.859. Considering the today's price action, probabilities will be high to see a movement to 0.857. P.S Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback. Like and subscribe and comment my ideas if you enjoy them!
Short
by SignalProvider
2
⚡️Strifor || GOLD-18/01/2024Preferred direction: SELL Comment: Previous targets for short gold were completely closed with profit. However, the downside potential still relevant. The level of 2000 , at which the metal is currently trading, will most likely be broken down soon. Market buyers are still unable to move the price up. Therefore, most likely, this crowd of purchases will be liquidated. At the end of this week, we expect at least an update of the current local minimums. The movement is expected towards support 1981.683 , and even lower, with the potential for a fall to 1960. Thank you for like and share your views!
OANDA:XAUUSDShort
by Viktor_strifor_analyst
5
⚡️Strifor || GBPUSD-18/01/2024Preferred direction: SELL Comment: The pound remains the focus of sales. Despite a good attempt at recovery yesterday after the publication of economic data, the pound does not have technical and fundamental factors for growth. Therefore, most likely, the end of this week will also take place within the framework of the strengthening of the US dollar. For this pair, active scenario №2 , which we published earlier. Since we are seeing a pretty good pullback upward, there is an opportunity for a re-entry or a full new entry for those who missed this entry point. The sell-target is located at the level of 1.25000. Thank you for like and share your views!
Short
by Viktor_strifor_analyst
1
Market Analysis: EUR/GBP Dives Below SupportEUR/GBP declined steadily below the 0.8585 and 0.8570 support levels. Important Takeaways for EUR/GBP Analysis Today EUR/GBP is trading in a bearish zone below the 0.8585 pivot level. There is a connecting bearish trend line forming with resistance near 0.8570 on the hourly chart at FXOpen. EUR/GBP Technical Analysis On the hourly chart of EUR/GBP at FXOpen, the pair started a major decline from well above 0.8600. The Euro traded below the 0.8585 and 0.8575 support levels against the British Pound. The EUR/GBP chart suggests that the pair even declined below the 0.8570 level and tested 0.8555. It is now consolidating losses and trading below the 50-hour simple moving average. The pair is now facing resistance near a connecting bearish trend line at 0.8570. It is close to the 23.6% Fib retracement level of the downward move from the 0.8618 swing high to the 0.8554 low. The next major resistance could be 0.8575 and the 50-hour simple moving average. The main resistance is near the 50% Fib retracement level of the downward move from the 0.8618 swing high to the 0.8554 low at 0.8585. A close above the 0.8585 level might accelerate gains. In the stated case, the bulls may perhaps aim for a test of 0.8620. Any more gains might send the pair toward the 0.8650 level. Immediate support sits near 0.8555. The next major support is near 0.8540. A downside break below the 0.8540 support might call for more downsides. In the stated case, the pair could drop toward the 0.8500 support level. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
by FXOpen
2
EURGBP H4 | Potential bullish reversalEUR/GBP is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 0.85712 which is a pullback support. Stop loss is at 0.85400 which is a level that sits under a pullback support. Take profit is at 0.86171 which is a pullback resistance that aligns close to the 38.2% Fibonacci retracement level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Long
by FXCM
British Pound can rebound up from support line to 0.8610 pointsHello traders, I want share with you my opinion about British Pound. Looking at the chart, we can see how the price a few days ago started to trades in an upward channel, where it first some time traded near the 0.8570 support level, which coincided with the buyer zone and then bounced up. After this, the price made a correction to the support line, and then it at once rebounded and made an impulse up to the resistance line of the channel. But then, GBP made a correction again to support line, after which the price turned around and made a strong upward impulse to 0.8685 point, thereby breaking the resistance level, which coincided with the seller zone and also exited from the upward channel. A few moments later, the British Pound formed a head and shoulders pattern, after which it in a short time declined below the 0.8645 resistance level, which was a neck of this pattern too, and then continued to fall in a downward channel. At the moment, the price continued to decline in this channel and I think GBP can fall to the support line, which coincided with the support level, and then start to move up to the resistance line of the downward channel. For this case, I set my target at the 0.8610 level. Please share this idea with your friends and click Boost 🚀
Long
by LegionQ8
EURGBP Will Move Lower! Short! Take a look at our analysis for EURGBP. Time Frame: 9h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is testing a major horizontal structure 0.865. Taking into consideration the structure & trend analysis, I believe that the market will reach 0.860 level soon. P.S Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all. Like and subscribe and comment my ideas if you enjoy them!
Short
by SignalProvider
1
EURGBP H4 | Rising into resistanceEUR/GBP is rising towards a pullback resistance and could potentially reverse off this level to drop towards our take-profit target. Entry: 0.86158 Why we like it: There is a pullback resistance level Stop Loss: 0.86395 Why we like it: There is a pullback resistance that aligns with the 50.0% Fibonacci retracement level Take Profit: 0.85710 Why we like it: There is a pullback support level Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Short
by VantageMarkets
EURGBP Buy/LongEURGBP looks like a buy/long from here touching the main support trendline and seems to be ready for a full reversal for the next few weeks. I advise proper risk management with proper risk/reward size you are seeking. I have posted below the inputs for entry, TP, and SL numbers. I will continue to update and start providing full breakdown analysis on these trades. EURGBP Buy/Long ENTRY: 0.85820 TAKE PROFIT: TP 1: 0.87096 SL: 0.85574 Please use proper risk management upon entering this trade.
Long
by KingTraderFX
⚡️Strifor || EURUSD-15/01/2024Preferred direction: SELL Comment: The previous week passed within the framework of accumulation and the situation with the main instruments basically did not change. Thus, we continue to adhere to selling priority for the Euro . At the moment, two scenarios are active, stop-loss is placed closer to 1.11000 . The nearest target for the fall is the level of 1.09000, where it is expected that buyers will begin to retreat; against the background of their closure, the price will drop to 1.08000 . Earlier we also said that in a longer term perspective one may consider a fall to 1.07000. Thank you for like and share your views!
Short
by Viktor_strifor_analyst
1
EURGBP Will Explode! BUY! My dear friends, EURGBP looks like it will make a good move, and here are the details: The market is trading on 0.8573 pivot level. Bias - Bullish Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market. Goal - 0.8609 Recommended Stop Loss - 0.8555 About Used Indicators: Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis ——————————— WISH YOU ALL LUCK
Long
by AnabelSignals
1
EURGBP BUY | Day Trading AnalysisHello Traders, here is the full analysis. I think EURGBP will bounce off next support and grab liquidity to rally up to 0.87... zone. GOOD LUCK! Great BUY opportunity EURGBP I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝 Patience is the If You Have Any Question, Feel Free To Ask 🤗 Just follow chart with idea and analysis and when you are ready come in THE GROVE | VIP GROUP, earn more and safe, wait for the signal at the right moment and make money with us💰
Long
by TheGrove
1
EURGBP Massive Long! BUY! My dear friends, EURGBP looks like it will make a good move, and here are the details: The market is trading on 0.8583 pivot level. Bias - Bullish Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market. Goal - 0.8613 Recommended Stop Loss - 0.8568 About Used Indicators: Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis ——————————— WISH YOU ALL LUCK
Long
by AnabelSignals
2
⚡️Strifor || GBPUSD-US CPI‼️Preferred direction: SELL Comment: As expected, due to the high correlation between the British pound and the Euro , the situation for these currency pairs before US inflation is absolutely the same. For this pair, scenario №1 is considered worked out. But scenario №2 does not lose its relevance. Therefore, scenario №2 is very relevant before the publication of data from the United States . We set the downside target at 1.26000. We place the stop loss at 1.28500 , closer to 1.29000. If something happens, within the specified stop loss ranges, you can consider adding a position or re-entering the sell. Thank you for like and share your views!
Short
by Viktor_strifor_analyst
1
⚡️Strifor || EURUSD-US CPI‼️Preferred direction: SELL Comment: Ahead of the inflation data , the situation for the Euro did not change. The current sluggish recovery is due to a surge in market sales that were missed by limit buyers. This does not mean that we will now grow rapidly. Most likely, a major player has not allowed the price to move, as the impulse is delayed until the US inflation publication, which will take place today. Two short scenarios are now autal, that is, two transactions can be active at once with a target at the level of 1.08000 . Stop loss should be placed slightly above the level of 1.11000. Thank you for like and share your views!
Short
by Viktor_strifor_analyst
1