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Eurgbpshort

Selling EURGBP 02 Aug.The pair is bearish on W1, D1, H4. Broke below support at 0.837 twice. Previous break below did not succeed but the bulls had no momentum either. Broke again today and now pulling back to 0.837. This time the bears may succeed and provide an opportunity to target 0.8245 area. If you like my analysis, please give it a “thumbs up” and follow me to get even more awesome content. Please comment and share your own thoughts!! Always use sound money and risk management and stay patient in all your trades.
Short
by Trading_Vista
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