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Eurgbpanalysis

EURGBP - FUNDAMENTAL AND TECHNICAL VIEW#EURGBP - Currently the MARKET SENTIMENT for EURGBP is slightly on the UP SIDE. The main reason for that is the POSITIVE RISK SENTIMENT for EUR. Also, even if BOE RATE HIKE, we were not able to see BOE's intervention.. The reason for EUR to have a POSITIVE SENTIMENT is that USD has been quite WEAK in recent weeks. But a good UP SIDE BIAS is coming for EUR now with the MARKET SENTIMENT. Due to this reason, all MARKETS including STOCKS can be seen to be UP due to MARKET RISK being ON. It affects the EUR in a big way. The ECB did a RATE HIKE. BOE also did a RATE HIKE last week. - EURGBP can definitely go up to the RESISTANCE LEVEL above. Due to USD WEAK, EUR may be quite STRONG. According to that, EURGBP can go up slightly up to the level of 0.8973. And after that EURGBP can be SELL to 0.8647 LEVEL. The given STRUCTURES should be BREAKED for that...
by benny_marshall
EURGBP - FUNDAMENTAL AND TECHNICAL VIEW#EURGBP - Currently the MARKET SENTIMENT for EURGBP is slightly on the UP SIDE. The main reason for that is the POSITIVE RISK SENTIMENT for EUR. Also, even if BOE RATE HIKE, we were not able to see BOE's intervention.. The reason for EUR to have a POSITIVE SENTIMENT is that USD has been quite WEAK in recent weeks. But a good UP SIDE BIAS is coming for EUR now with the MARKET SENTIMENT. Due to this reason, all MARKETS including STOCKS can be seen to be UP due to MARKET RISK being ON. It affects the EUR in a big way. The ECB did a RATE HIKE. BOE also did a RATE HIKE last week. - EURGBP can definitely go up to the RESISTANCE LEVEL above. Due to USD WEAK, EUR may be quite STRONG. Accordingly, EURGBP can go up slightly until the 0.8916 LEVEL. And after that EURGBP can be SELL to 0.8647 LEVEL. The given STRUCTURES should be BREAKED for that...
by benny_marshall
EURGBP - MEGA PUMP in spring - summer 2023📈I used a system of triangles, I selected several zones, yellow, green and white. The green zone is an uptrend. Yellow global consolidation. White intermediate consolidation in front of the green zone. the fractal that I highlighted in purple can be viewed in more detail on 1d and superimposed on the weekly chart of what is happening now. about the numbers that I described on the chart, 113, 911/116 / 999, etc., look for the answer on your own, it all depends on your intelligence
Long
by FTT_TRADER369
UK already in recession? EUR/GBP to further advance higher? Daily Insight UK already 3 months deep into recession; EUR/GBP to hold recent gains? Latest GDP data from the UK indicated that the UK fell deeper into a recession during the last 3 months while year on year GDP fell -52.5% TECHNICAL COMMENTARY EUR / GBP : the EUR has gained +4.5% against the GBP year to date and +1.3% during the last 30 days Current price seems to be holding onto recent gains made over the last 5 trading sessions; the break above the its 50 day moving average at 0.8660 could be seen as keeping further upside prospects intact; key resistance spotted near 0.8830 (November 9th high) which if cleared places the 0.8970s in sight ( 38.2% retracement from the 13 week high), downside risk seen near 0.8660 (see chart ). Not investment advice. Past performance is not indicative of future results.
Long
by Skilling
EURGBP Investment Plan - 21/Dec/2022Hello Traders, Hope you all are doing good!! I expect EURGBP to go Down after finishing the current wave. Look for your SELL setups around 0.88500 level. Considering the fact that there are also traders looking for ideas wrt investment purpose, I will be posting my view on few assets for Long term trades. Please follow me and like if you agree or this idea helps you out in your trading plan. Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management. Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea
Short
by For3xScalper