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Eurgbpanalysis

Looking to SELL EURGBP Today !!Last week the EURGBP broke out of a weekly resistance area and closed thee week well above it , the pair has also been on an 8 week up leg which looks to be targeting the weekly SUPPLY/SELL zone that starts around 0.89 before we hit that i expect a small pull back down towards the resistance that was broken last week. So today I will be looking to SELL this pair on the first 30 minute SELL signal my indicator gives and targeting the previous resistance and the newly created daily DEMAND/ZONE that was the origin of the move that broke the resistance at 0.8650 my stop will be just above 0.88.
Short
by TheFxAce
Possible 300 pip move after confirmation My past EURGBP analysis didn't play out as planned, looking at the daily I see why. The market wasn't ready to go short yet and still isn't. I am going to be waiting for a daily choch to the downside as my confirmation. If I get con formation I will then go to lower timeframes to get a refined entry. For now I'm leaving EURGBP. Also I'll keeping an eye on fundamentals assessing if they align with technical. We have GBP interest rate next week so keep an eye on that.
Short
by Keyserfx
1
EURGBP - FUNDAMENTAL AND TECHNICAL VIEW#EURGBP - Currently the MARKET SENTIMENT for EURGBP is slightly UP SIDE. The main reason for that is the POSITIVE RISK SENTIMENT for EUR. The reason for NEGATIVE SENTIMENT in EUR is USD SELL. All MARKETS including STOCKS are UP due to MARKET RISK being ON. It affects the EUR in a big way. - EURGBP can definitely go up to the high RESISTANCE LEVEL. EUR may be slightly WEAK due to USD STRONG at the moment. Accordingly, EURGBP can go up slightly until the 0.8867 LEVEL. And after that EURGBP can be SELL to 0.8352 LEVEL.
by benny_marshall
EurGbp can drop to 0.85 againSince the 0.8350 low made at the beginning of August, EurGbp has a few good with and the pair has risen more than 300 pips in this period. Last week the pair reached daily resistance in the 0.87 zone and has started to fall. Yesterday a strong reversal bearish Pin Bar is visible on the daily chart and this can be the signal that a reversal could follow. I'm bearish as long as yesterday's high is in place and I m looking to sell rallies. 0.85 is my target
Short
by Mihai_Iacob
EURGBP Short Trade SetupA bearish opportunity recently presented itself on the euro-pound trading chart. This follows from the bearish harami candlestick pattern which printed just below the 0.87500 psychological level. A stop loss above the same psychological level and a profit target anywhere between your entry and the swing low of 0.83401 could give you a reward-to-risk ratio as high as 3 or even higher. Be sure to size your position based on your trading account balance and apply other risk management measures before placing trades. Rooting for you! Your FX Plug FX:EURGBP
Short
by charles-okoukoni