Eurgbpanalysis
EURGBP 11TH MARCH SHORT IDEACurrently EUR has lost it's strength due to the war is Ukraine and we are clearly seeing a bearish structure and on that note we are looking for valid points of supply to trade off of and meanwhile we saw price respect that particular area of supply with the red zone marked out we look for entries on that zone to ride the market further down.
EURGBP Long Term Outlook UpdateEURGBP still remains above 0.8300 level I called out a while back which is a significant confirmation that the height of the panic selling during the Russia situation couldn't break this level giving us good support. Euro has not managed to make any significant move up either so it's likely we'll be trading sideways for a while so buy low and sell high.
EUR/GBP NEED TO PULLBACK THEN SELL
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EURGBP are we setting up for a reversal?Hi Traders,
EURGBP is setting up for a bullish reversal as price is moving within a LTF descending channel at the bottom of the HTF boundary. Wait for a Reversal Impulse and continuation before placing a buy order.
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EURGBP top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
EURGBP - 1M/1DAnother GBP pair that is looking really interesting where price seems like has broken a super strong monthly support, so if daily manage to stay and close below 0.8300 that works as point zero of this monthly support and bottom of the daily broken structure we might see a possible big drop of atleast 200 pips!
EurGbp may have found the bottomSince the beginning of 2022, EurGbp has tried to drop under 0.83 on 5 occasions and each time reversed.
A bottom can be in place for this pair and a rally to 0.85 resistance can follow.
In my opinion, dips should be bought with that target in mind and only a clear break under 0.83 would change my bullish opinion