Eurgbplong
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 a POSITIVE SENTIMENT in EUR is that the 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 SELL to 0.8600 LEVEL. The given STRUCTURES should be BREAKED for that...
EURGBP 2 possible ways.Right now the only think I really know is that the pair is still going to grow for the following days.
But the pressure os sellers is still very big, so be carefull about your decision.
My particular opinion is that the pair will go up for all this coming week.
What about you opinion?
My mentor was Rafa S. Quiles from SauraScapital.
Good luck.
EURGBP - Long active ✅Hello traders!
‼️ This is my perspective on EURGBP .
Here we are bullish from daily perspective, so I am looking for longs. I expect bullish price action from here as price rejected from bullish order block + institutional big figure 0.88000.
‼️Attention!!! Due to the fact that we have news on GBP this week, the analysis can be invalidated.
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EURGBP 4 Hour signalThe #EURGBP had a bearish impulsive leg last week. On daily TF, it shows a high momentum. I expect a reversal at the support trendline of the channel back to the upside as correction this week.
However, in a situation where price breaks the support, there should be more downward move and this signals end of the current uptrend.
What do you think? share your thoughts below and like my analysis
EUR/GBP Need To Buy Contamination .....
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EURGBP - Long from bullish order block ✅Hello traders!
‼️ This is my perspective on EURGBP .
After a change of character (CHOCH) price started to form higher highs and higher lows, so now we are in bullish market structure. I am looking for a long position if price continue the retracement and rejects from bullish order block + institutional big figure 0.88000.
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EURGBP preparing for the next big move up to 0.9312Box Formation has formed on EURGBP.
We have the 7 looking to cross above the 21 and already price is above 200MA.
The RSI is above 50 and is making a bullish divergence.
These are all signs that we can expect the price to move up and breakout.
First target 0.9312