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Eurgbpshort

EUR/GBP - SHORT TRADE SETUPToday the market gives me lemons, so I'm trying to squeeze some lemonade for us to enjoy :D EURGBP has broken past daily MA's of 20/50, heading towards the MA 100. We can see a nice 1-hour descending triangle pattern structure being broken, suggesting bearish power in the market. Based on the new hedge fund report, the euro has been sold off against the pound. This pair might be a slow burner, but the setup looks like a great sell opportunity.
Short
by fxtraderkristina
1
EURGBP This Week: What's New ? Good Evening, Despite of the meetings the European Central Bank did and especially Bank of England in which it raised the inflation recently, we need to talk in technical analysis language and in an easy simplified language in which traders out there can claim what's going on. So here are the key points: - There is bearish order block set in 0.87081 level which is a good sign we're still safe going bear, in addition to a character of change that was broken below from the previous lower low. - Speaking of EMA's, the current candle is ready to the 50 EMA. Hopefully, things are still going in our favor (for those who are willing to go short). - In sort of Technical Indicators, the very most popular indicators, MACD, for example, admits strongly for going short in addition to RSI, was previously overbought and still in a high level. I can go much more further and give more and more advanced analysis, but I like to keep things simple and easy to catch so traders can find my analysis quite handy.
Short
by JawadShoukeir
1
EURGBP SELL IS THE MOVE yo whats up guys , welcome to another new analysis today we have EURGBP i believe its about to go down and here is why : first of all we have - Last monthly candle closed as a big hammer with a huge wick which signals the Sellers are dominating - and on the 1D T.F we can see a head and shoulder pattern being formed on a KEY level as neckline and under a falling trendline which had few breakouts - the Neckline was not only broken but was also retested we might be having a bearish move comming soon this is not financial advice this is just a point of view personally i will wait for a little bit more confirmation and enter on a sell asap
Short
by xAB777
UPDATEWhat to Watch: EUR/GBP This busy trading week is off to a bit of a slow start, so I’m just looking at this simple trend play on the short-term chart of EUR/GBP. The pair has formed higher lows and higher highs inside a rising channel that’s been holding all month, and it looks like another test of support is due. Using the handy-dandy Fib retracement tool on the latest rally shows that the 61.8% level lines up with the channel support at .8685 while the 50% level is closer to an area of interest.
by AFFINITY_MARKETS
1
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