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Eurgbpsell

EURGBP - FOREX - 07. OCTO. 2019Welcome to our weekly trade setup ( EURGBP )! - 1 HOUR Bullish price action and rising market. 4 HOUR Bearish drop last week which changed our direction bias to short. DAILY Good short entries after the daily pullback to the upside. - FOREX SETUP SELL EURGBP 1ST ENTRY @ 0.88970 (Wait for trigger) 2ND ENTRY @ 0.89140 SL @ 0.89460 TP @ 0.88440 RR: 1.1 / 2.35 Use 0.5% risk per Entry! (Remember to add a few pips to all levels - different Brokers!) Leave us a comment or like to keep our content for free and alive. Have a great week everyone! ALAN
Short
by DACapitalTrading
5
Possible EUR/GBP Short Position!! SMP TRADING SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY SMP Strategy Chart time frame - H4 Timeframe - 1-2 Days A – Activating Event Market will meet resistance in zone @ 0.893 - ... . In order to enter into this trade, the pair MUST be in line with my Entry Procedure.... B – Beliefs Market will move towards the first Target 1 level @ 0.886 C - Fundamentals that may affect the pair Nil D - Trade Management Entered @ ..... Stop Loss @ ..... Trailing Stop Loss@..... Target 1 @ 0.886 Target 2 @ .... Risk/Reward @ 1.5.1 Happy trading :) Follow your Trading plan, Remain disciplined and Keep learning !! Please Follow, Like,Comment & Follow :) This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
Short
by SMPTrader
EURGBP Fundamental Analysis – September 18th 2019Here are the key factors to keep in mind today for Euro trades: Italian Industrial New Orders and Industrial New Sales: Italian Industrial New Orders for July are predicted to increase by 1.9% monthly and to decrease by 2.6% annualized. Forex traders can compare this to Italian Industrial New Orders for June which decreased by 0.9% monthly and by 4.8% annualized. Italian Industrial New Sales for July are predicted to increase by 0.2% monthly and to decrease by 1.5% annualized. Forex traders can compare this to Italian Industrial New Orders for June which decreased by 0.5% monthly and by 0.8% annualized. Eurozone CPI and Eurozone Core CPI: The Eurozone CPI for August is predicted to increase by 0.2% monthly and by 1.0% annualized. Forex traders can compare this to the Eurozone CPI for July which decreased by 0.5% monthly and which increased by 1.0% annualized. The Eurozone Core CPI for August is predicted to increase by 0.2% monthly and by 0.9% annualized. Forex traders can compare this to the Eurozone Core CPI for July which increased by 0.2% monthly and by 0.9% annualized. Here are the key factors to keep in mind today for British Pound trades: UK CPI: The UK CPI for August is predicted to increase by 0.5% monthly and by 1.9% annualized. Forex traders can compare this to the UK CPI for July which was reported flat at 0.0% monthly and which increased by 2.1% annualized. The Core CPI for August is predicted to increase by 1.8% annualized and the CPI Including Housing Costs is predicted to increase by 1.9% annualized. Forex traders can compare this to Core CPI for July which increased by 1.9% annualized and to the CPI Including Housing Costs which increased by 2.0% annualized. UK PPI: The UK PPI Input for August is predicted to decrease by 0.2% monthly and by 0.1% annualized. Forex traders can compare this to the UK PPI Input for July which increased by 0.9% monthly and by 1.3% annualized. The UK PPI Output for August is predicted to increase by 0.2% monthly and by 1.7% annualized. Forex traders can compare this to the UK PPI Output for July which increased by 0.3% monthly and by 1.8% annualized. The UK PPI Core Output for August is predicted to increase by 0.2% monthly and by 2.0% annualized. Forex traders can compare this to the UK PPI Core Output for July which increased by 0.4% monthly and by 2.0% annualized. UK RPI: The UK RPI for August is predicted to increase by 0.7% monthly and by 2.6% annualized. Forex traders can compare this to the UK RPI for July which was reported flat at 0.0% monthly and which increased by 2.8% annualized. The UK RPI Excluding Mortgage Interest Payments for August is predicted to increase by 2.5% annualized. Forex traders can compare this to the UK RPI Excluding Mortgage Interest Payments for July which increased by 2.7% annualized. UK House Price Index: The UK House Price Index for July is predicted to increase by 1.0% annualized. Forex traders can compare this to the UK House Price Index for June which increased by 0.9% annualized. Should price action for the EURGBP remain inside the or breakout above the 0.8790 to 0.8885 zone the following trade set-up is recommended: Timeframe: D1 Recommendation: Long Position Entry Level: Long Position @ 0.8860 Take Profit Zone: 0.9085 – 0.9145 Stop Loss Level: 0.8765 Should price action for the EURGBP breakdown below 0.8790 the following trade set-up is recommended: Timeframe: D1 Recommendation: Short Position Entry Level: Short Position @ 0.8765 Take Profit Zone: 0.8615– 0.8680 Stop Loss Level: 0.8800
by PaxForex
Forex Profit Set-Up #2; Sell EURGBP - W1 Time-FrameFollowing a price spike into its horizontal resistance area, the EURGBP quickly reversed direction and the past five trading sessions saw a surge in bearish momentum. This was accelerated after the latest UK economic data smoothed fears for a UK recession. This currency pair is now expected to complete a breakdown below its horizontal support level and extend its sell-off until it will reach the upper band of its next horizontal support area which is being approached by its primary ascending support level. Forex traders are advised to sell any rallies in the EURGBP from current levels. The CCI completed a breakdown from extreme overbought territory, which was preceded by a negative divergence. Momentum sufficed for a drop below 0 for a bearish momentum change and more downside in anticipated. Subscribe to the PaxForex Daily Fundamental Analysis and allow our expert analysts to guide to over 5,000 pips in monthly profits!
by PaxForex
EURGBP Fundamental Analysis – August 28th 2019Here are the key factors to keep in mind today for Euro trades: German Import Price Index: The German Import Price Index for July is predicted to decrease by 0.1% monthly and by 2.0% annualized. Forex traders can compare this to the German Import Price Index for June which decreased by 1.4% monthly and by 2.0% annualized. German GfK Consumer Confidence Survey: The German GfK Consumer Confidence Survey for September is predicted at 9.6. Forex traders can compare this to the German GfK Consumer Confidence Survey for August which was reported at 9.7. Italian Confidence Data: Italian Business Confidence for August is predicted at 99.8 and Italian Consumer Confidence is predicted at 109.6. Forex traders can compare this to Italian Business Confidence for July which was reported at 100.1 and to Italian Consumer Confidence which was reported at 113.4. Eurozone Money Supply M3 and Private Sector Loans: Eurozone Money Supply M3 for July is predicted to increase by 4.7% annualized and Private Sector Loans are predicted to increase by 3.5% annualized. Forex traders can compare this to Eurozone Money Supply M3 for June which increased by 4.5% annualized and to Private Sector Loans which increased by 3.3% annualized. Here are the key factors to keep in mind today for British Pound trades: UK BRC Shop Price Index: The UK BRC Shop Price Index for August decreased by 0.4% annualized. Forex traders can compare this to the UK BRC Shop Price Index for July which decreased by 0.1% annualized. UK Nationwide House Prices: UK Nationwide House Prices for August are predicted to increased by 0.1% monthly. Forex traders can compare this to UK Nationwide House Prices for July which increased by 0.3% monthly. Should price action for the EURGBP remain inside the or breakdown below the 0.8985 to 0.9085 zone the following trade set-up is recommended: Timeframe: D1 Recommendation: Short Position Entry Level: Short Position @ 0.9025 Take Profit Zone: 0.8615– 0.8720 Stop Loss Level: 0.9100 Should price action for the EURGBP breakout above 0.9085 the following trade set-up is recommended: Timeframe: D1 Recommendation: Long Position Entry Level: Long Position @ 0.9115 Take Profit Zone: 0.9230– 0.9285 Stop Loss Level: 0.9085 Open your PaxForex Trading Account now and add this currency pair to your forex portfolio. Online forex trading represents the biggest sector of the financial market and PaxForex is home to one of the fastest growing communities of profitable forex traders, sign-up today and find out why!
by PaxForex