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Eurgbp!

Strifor || GBPUSD-10/16/2023Preferred direction: SELL Comment: At the beginning of the week, the dollar lost ground slightly, but despite this, the American currency still dominates the market based on a number of technical factors and, of course, fundamental ones. The pound is also expected to fall towards the support area at the level of 1.20500. In the medium term, the instrument may fall even lower in order to eliminate buyers' stop losses. Thank you for like and share your views!
Short
by Viktor_strifor_analyst
1
TradePlus-Fx|EURUSD: follow plan💬 Description: Addition to an extreme trading idea for the Euro . In general, we continue to follow the plan that was outlined for us. The first part, aimed at long, worked out positively. Now, after reaching the area 1.06167 - 1.06350 , you can begin to consider short transactions. The best thing to do is to look at the dynamic set of positions, that is, to gain a short position with several orders. There is a small chance that the price may update the current high, especially based on data from the US today. The target for the fall is the same and remains at the daily level of 1.05194 . In addition, a potential movement below the specified target was indicated on the chart. This option is also being considered, and after fixing part of the profit, you can allow the profit to continue flowing. 🔔 FX CALENDAR TODAY 🔔 🇺🇸PPI 🛢EIA Short-Term Energy Outlook 🇺🇸FOMC Meeting Minutes 🛢API Weekly Crude Oil Stock 🌎IMF Meetings ➖➖➖➖➖➖➖ 🚀Thank for your BOOSTS 🚀 👇Share your views and FOLLOW US 👇
Short
by TradePlus-Fx
21
EUR/GBP Aims HigherEUR/GBP is rising and might climb above the 0.8665 resistance. Important Takeaways for EUR/GBP Analysis Today · EUR/GBP is rising and trading above the 0.8650 zone. · There was a break above a major bearish trend line with resistance near 0.8635 on the hourly chart at FXOpen. EUR/GBP Technical Analysis On the hourly chart of EUR/GBP at FXOpen, the pair started a steady increase from the 0.8620 zone. The Euro traded above the 0.8635 pivot level to enter a positive zone against the British Pound. Besides, there was a break above a major bearish trend line with resistance near 0.8635. The EUR/GBP chart suggests that the pair settled above the 50-hour simple moving average and 0.8650. Finally, it faced sellers near 0.8665. It is now correcting gains and trading below the 23.6% Fib retracement level of the recent increase from the 0.8633 swing low to the 0.8664 high. Immediate support sits near the 50% Fib retracement level of the recent increase from the 0.8633 swing low to the 0.8664 high at 0.8650. The next major support is near the 50-hour simple moving average at 0.8645. The main support is 0.8635. A downside break below the 0.8635 support might call for more downsides. In the stated case, the pair could drop toward the 0.8620 support level. Immediate resistance is near the recent high at 0.8665. The next major resistance could be 0.8680. A close above the 0.8680 level might accelerate gains. In the stated case, the bulls may perhaps aim for a test of 0.8720. Any more gains might send the pair toward the 0.8780 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
EURGBP Will Explode! BUY! My dear followers, This is my opinion on the EURGBP next move: The asset is approaching an important pivot point 0.8635 Bias - Bullish Safe Stop Loss - 0.8618 Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market. Goal - 0.8663 About Used Indicators: For more efficient signals, super-trend is used in combination with other indicators like Pivot Points. ——————————— WISH YOU ALL LUCK
Long
by AnabelSignals
1
HelenP. I British Pound can continue to decline to $0.8600Hi folks today I'm prepared for you British Pound analytics. A few time ago price bounced from the trend line and made a strong upward impulse to 0.8630 points, thereby breaking the 0.8575 support level. After this movement price made a correction to this level, which coincided with the support zone, and then repeated impulse to the 0.8675 resistance level, which coincided with the resistance zone too. Also, the British Pound entered to wedge, where it broke the 0.8675 resistance level and rose higher, but soon it rebounded below. The price tried to back up but failed and made an impulse down to trend lime, which coincided with the support line of the wedge. As well soon price made a fake breakout from this line, but failed and rose higher. But recently finally broke this line and now British Pound trades near. For my mind, the price can make a movement up, higher of the trend line, and then continue to decline. That's why I set my target at the 0.8600 level. If you like my analytics you may support me with your like/comment ❤️
Short
by FirstNameHelen
7
BluetonaFX - EURGBP Rising Wedge SHORT IdeaHi Traders! There is a rising wedge pattern on EURGBP, which signals a possible reversal of the bullish trend we have seen over the past two months. Price Action 📊 The market failed to break the previous resistance at the 0.87014 area, which led to lower highs and lower lows market swings, followed by a momentum break below the 20 EMA. This shows that there may be new waves of bearish volume entering the market. We are looking for a bearish break and a close below the support trendline. Fundamental Analysis 📰 Traders seem to be uncertain about the euro after ECB president Lagarge claimed that she is confident the ECB's policy will bring inflation back down to their 2% goal. Support 📉 0.86140: SUPPORT TRENDLINE Resistance 📈 0.86428: PEVIOUS DAY'S HIGH Risk ⚠️ No more than 2% of your capital. Reward 💰 At least 4% of your capital. Please make sure to click on the like/boost button 🚀 as your support greatly helps. Trade safely and responsibly. BluetonaFX
Short
by BluetonaFX
TradePlus-Fx|EURUSD: idea for this week💬 Description: The end of last week turned out to be quite interesting. The main currencies were able to recover against the dollar, although they were expected to fall more deeply on the NFP . However, this recovery is not expected to last long. At the beginning of the week, no particularly important data is predicted; some more or less important events for the market can only be generated by the geopolitical background. The second half of the week will be quite busy. The consumer price index will be published in a number of countries, with special attention, of course, paid to the USA and Germany . Based on technical analysis and volume accumulation, the US dollar will most likely continue to grow in the second half of this week. For EURUSD , we can assume a reversal approximately in the area of 1.06167 - 1.06350 , where push volume was previously formed. Local lows and their updates (below 1.04500 ) are considered the target for the fall. ➖➖➖➖➖➖➖ 🚀Thank for your BOOSTS 🚀 👇Share your views and FOLLOW US 👇
by TradePlus-Fx
26
EURGBP What Next? BUY! My dear friends, EURGBP looks like it will make a good move, and here are the details: The market is trading on 0.8647 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 - 0.8676 Recommended Stop Loss - 0.8632 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 h4 best level to buy/hold TP +175 pips🔸Let's review 4 hours chart for EURGBP today. speculative buy/hold setup for EURGBP bulls, accumulation in range. Currently we triggered overhead premium prices so expecting short-term pullback before more upside in this market. 🔸Let's review two primary options for the EURGBP. Primary option1 is buying low after the pullback from mid-range. EURGBP is trading is well-defined range since June 2023, re-test of the mid-range is a great buy/hold setup for the bulls. Target is 8750. Option2 is short selling from overhead resistance near 8750 and then bears will target re-test of the mid-range near 8600. Both options are valid. 🔸Recommended strategy bulls: bulls should wait for the pullback to complete near 8600, buy low and use fixed SL at 50 pips, TP1 +75 pips TP2 +150 pips, swing trade setup, patience required. final TP bulls / exit at 8750. good luck traders! accumulation trade setup, low risk buy/hold near mid of the trading range. 🎁Please hit the like button and 🎁Leave a comment to support our team! RISK DISCLAIMER: Trading Futures , Forex, CFDs and Stocks involves a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. Always limit your leverage and use tight stop loss.
Long
by ProjectSyndicate
51
EURGBP H4 | Potential bullish bounceEUR/GBP is falling towards an overlap support and could potentially bounce off this level to climb higher. Buy entry is at 0.86357 which is an overlap support that aligns with the 38.2% Fibonacci retracement level. Stop loss is at 0.86070 which is a level that lies under an overlap support that aligns with the 50.0% Fibonacci retracement level. Take profit is at 0.86744 which is a pullback resistance 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. Forex Capital Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% 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. 74% 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. FXCM Australia 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
1
Strifor || GBPUSD-10/09/2023Preferred direction: BUY Comment: According to the results of statistics from the US on the labor market, the pound, like many of the dollar's competitors, was able to strengthen. However, such strengthening is unlikely to last. But still, at the beginning of the week, it is most likely better to take a closer look at purchases. The goal of growth will be a re-test of the level 1.22369, and it is possible to update local highs located just above this level. Thank you for like and share your views!
Long
by Viktor_strifor_analyst
1