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EURGBP

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
TradePlus-Fx|EURUSD: drop once again💬 Description: The approach to the daily level of 1.05194 has been realized and is currently being tested. Sellers are still strong, and sell-trades are still given priority. It should be noted that the euro resists the fall more successfully than anyone else, but it is unlikely that this currency will ignore the retest of local lows, namely 1.04500 . This area has many purchases; whether they will be able to protect themselves is a big question. Therefore, today's intraday sales are being considered in order to approach the indicated area of support. The idea may take 1-2 days. 🔔 FX CALENDAR TODAY: 🇺🇸Initial Jobless Claims 🇺🇸Trade Balance 🇨🇦Trade Balance 🇨🇦Ivey PMI ➖➖➖➖➖➖➖ 🚀 Thank for your BOOSTS 🚀 👇 Share your views and FOLLOW US 👇
Short
by TradePlus-Fx
11
EURGBP a break out could change everything very intense scenario going on eurgbp at the moment analysing the weekly tf looks to me like the price is bullish , the price formed a double bottom broke and retested neckline . but on lower tfs looks like something else the price formed a double top on daily and decending triangle on 1hr . the neckline of the double to in daily is also accompanied with 100 and 200 moving averages if the price manages to break all of them without a doubt we will see a bearish move
Short
by xAB777
EURGBP H4 | Potential bearish reversalEUR/GBP is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 0.86744 which is a pullback resistance level. Stop loss is at 0.87020 which is a level that sits above the high wick of the pullback resistance level. Take profit is between 0.86450 and 0.86373 which is a pullback support that aligns close to the 50.0% 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. 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.
Short
by FXCM
TradePlus-Fx|GBPUSD: NFP setup💬 Description: Since yesterday, the market has been behaving rather capriciously. Most likely, this is due specifically to today's NFP . In this way, misleading market participants. The dollar is still strong. Currency players continue to increase purchases, as the media write, but there is no point in delaying purchases of USD , especially today with its potential strengthening against the backdrop of the release of NFP data. Regarding GBPUSD , there may momentarily be an increase to 1.22716, after which the price will most likely rush to local minimums towards 1.20000. 🔔 FX CALENDAR TODAY 🔔 🇺🇸Non-Farms Payrolls 🇺🇸Unemployment Rate ➖➖➖➖➖➖➖ 🚀Thank for your BOOSTS 🚀 👇Share your views and FOLLOW US 👇
Short
by TradePlus-Fx
9
TradePlus-Fx|GBPUSD: today's setup💬 Description: The British pound continues to update its lows and thereby break new local anti-records. The price has already dropped below the level of 1.21166 today, which strengthens the position of sellers, especially intraday. With a high degree of probability, we also expect a fall towards the daily support 1.18730 . Considering the average daily move along with today's news background, even this may not be enough for the price to approach the specified daily target. Therefore, it is better to fix profits until the 1.18730 level. Regarding labor market data from JOLTS , we can expect support for the dollar, after which the price may begin an upward correction. See today's expected setup on the chart. 🔔 FX CALENDAR TODAY 🔔 🇺🇸JOLTs Job Openings ➖➖➖➖➖➖➖ 🚀 Thank for your BOOSTS 🚀 👇 Share your views and FOLLOW US 👇
Short
by TradePlus-Fx
16
All in Long EURGBPOn the weekly, #EURGBP is very bullish and it is making a corrective wave 4, take a buy from here to 0.88 and possible to the moon. Sellers are finding it difficult for them to push the price down because it is very bullish. Never counter a trend, Follow the bullish trend and go long!!!! Don't miss out of such breakout trade as weekly is very bullish. Always buy on a correction. Trading with the trend is easier than being against the tide. #forex FOREXCOM:EURGBP SAXO:EURGBP #elliottwave #wave theory
Long
by Future_Wei
3