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Eurgbpanalysis

EURGBP - FUNDAMENTAL AND TECHNICAL VIEW#EURGBP - Currently the MARKET SENTIMENT for EURGBP is on the 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 SUPPORT LEVEL below. The reason for that is that there is a good DOWN SIDE BIAS in the MARKET for USD, so there is a POSITIVE SENTIMENT for EUR at the moment. Accordingly, EURGBP may be slightly down until the 0.8443 level. And after that EURGBP can go up to 0.8711 LEVEL.
by benny_marshall
EURGBP: Ascending channel breakdown leading to a trend reversal?The UK July PMIs show a slowing in the rate of expansion in both the service and manufacturing sectors. The UK Services PMI Business Activity Index fell to 53.3 in July, down from 54.3 in June, hitting a 17-month low. The manufacturing PMI in the United Kingdom fell to 52.2 from 54.3 in June, reaching a 25-month low. Capacity constraints due to a lack of materials and employees were the factors behind the slowdown in output growth. However, input cost inflation moderated, new order volumes increased, and private sector employment rose. The UK PMIs prints in July are also broadly in line with what analysts predicted, and they outperformed peers (such as the EU). The pound against the dollar ( GBP/USD ) is flat today. The pound, on the other hand, is gaining ground against the euro ( EUR/GBP ), as preliminary PMIs readings for the Euro Area already reveal that economic activity contracted in July. This means that the Eurozone may enter a recession before the United Kingdom. On the EUR/GBP 1-hour chart, a breakdown below the short-term ascending channel is now visible. If confirmed by today's close, this could lead to a short-term bearish reversal for EUR/GBP , with a target of 0.84 (July 13 lows).
by Capitalcom
Euro against pound is ready for long Hi everyone in the TradingView community. I am Rana Sarmad I like to share and talk about trading strategies. If you are a member of my subscribers list and like my ideas, please don't hesitate to let me know by hitting that Like button and growing my notification count! We are going to discuss about FX:NZDCAD We can see market is strugling near its previous resistance and currently standing near its a strong support in D1 Support level. So we are expecting more rise near Trendline,Then we can expect a strong bull run after the formation of Head and shoulder. This is my opinion, I really hope this will be useful for you. This is not a financial advice. Always take trade at your own risk, Be ready and take care your money. Have a great profit ! Risk Warning: Trading Forex and Leveraged Financial Instruments involves significant risk and can result in the loss of your invested capital. You should not invest more than you can afford to lose and should ensure that you fully understand the risks involved. Trading leveraged products may not be suitable for all investors. Trading non-leveraged products such as stocks also involves risk as the value of a stock can fall as well as rise, which could mean getting back less than you originally put in. Past performance is no guarantee of future results. Before trading, please take into consideration your level of experience, investment objectives and seek independent financial advice if necessary. It is the responsibility of the Client to ascertain whether he/she is permitted to use the services of the EMOTT brand based on the legal requirements in his/her country of residence........
Long
by Theranasaramd
EURGBP - FUNDAMENTAL AND TECHNICAL VIEW#EURGBP - Currently the MARKET SENTIMENT for EURGBP is on the DOWN SIDE. The main reason for that is the NEGATIVE RISK SENTIMENT for EUR. The reason for NEGATIVE SENTIMENT in EUR is USD DEMAND. Due to MARKET RISK OFF, all MARKETS including STOCKS are DOWN. It affects the EUR in a big way. - Definitely, EURGBP can fall to the SUPPORT LEVEL below. The reason for that is that there is a good UP SIDE BIAS in the MARKET for USD, so EUR has NEGATIVE SENTIMENT at the moment. Accordingly, EURGBP can go down to 0.8352 LEVEL. And after that EURGBP can be BUY to the 0.8711 LEVEL.
by benny_marshall
EURGBP: Who from the weak?!EURGBP Intraday - We look to Buy at 0.8425 (stop at 0.8395) Although the bears are in control, the stalling negative momentum indicates a turnaround is possible. We are trading at oversold extremes. A higher correction is expected. We look to buy dips. Although the anticipated move higher is corrective, it does offer ample risk/reward today. Our profit targets will be 0.8515 and 0.8600 Resistance: 0.8460 / 0.8600 / 0.8720 Support: 0.8400 / 0.8325 / 0.8200 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’) . 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 Signal Centre.
Long
by VantageMarkets