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Eurgbpshort

EURGBP SELL | Going DownHello Traders, here is the full analysis for this pair. Watch strong action at the current levels for SELL GOOD LUCK! Great SELL opportunity EURGBP . I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝 Patience is the If You Have Any Question, Feel Free To Ask 🤗
Short
by BULLSS1993
4
EURGBP - Shooting star rejection of a levelEURGBP has accelerated today off the back of a stronger euro and a weak pound. Price is now overextended above the upper BB band and has given us this shooting star before closing back just above the 0.236 level. I would like a better R:R than this current setup, but the 4 touch resistance is likely to act as strong support. See entry and exits on the chart. Stop above the high, exit at nearest support. Happy trading:) follow for more
Short
by pasojov
EURGBP facing bearish pressure | 19 Mar 2021EURGBP is facing bearish pressure from 1st resistance which coincides with 50% Fibonacci extension and 78.6% Fibonacci retracement . Prices might push towards 1st support which coincides with -27.2% Fibonacci retracement and 127.2% Fibonacci extension . If prices break through 1st resistance, prices might push up towards 2nd resistance which coincides with 78.6% Fibonacci retracement and 78.6% Fibonacci extension . Ichimoku cloud is also above prices, showing a further bearish pressure for prices.
Short
by FXCM
18
EURGBP facing bearish pressure | 19 Mar 2021EURGBP is facing bearish pressure from 1st resistance which coincides with 50% Fibonacci extension and 78.6% Fibonacci retracement. Prices might push towards 1st support which coincides with -27.2% Fibonacci retracement and 127.2% Fibonacci extension. If prices break through 1st resistance, prices might push up towards 2nd resistance which coincides with 78.6% Fibonacci retracement and 78.6% Fibonacci extension. Ichimoku cloud is also above prices, showing a further bearish pressure for prices.
Short
by FXCM
18
EURGBP facing bearish pressure, potential for further downside!EURGBP is facing bearish pressure from 1st resistance and descending trend line resistance which is in line with 127.2% Fibonacci retracement. Prices might push towards 1st support which coincides with horizontal swing low support which coincides with 61.8% Fibonacci extension and 127.2% Fibonacci retracement. If prices break through the 1st resistance, it might push up towards 2nd resistance which coincides with horizontal swing high resistance and 50% Fibonacci retracement. EMA is also above prices, suggesting a bearish pressure for prices.
Short
by TradeGATEHub
2
EURGBP 0.85427 - 0.29 % * CONTINUATION PATTENRS & PRICE ACTIONHello everyone Hope everyone is good having a good week in the markets... here's an idea on the EURO / POUND * follow your entry rules on entries * significant moves with the bulls change the plan. lets see how it goes. AS ALWAYS PROPER RISK MANAGEMENT AND A LOT OF PATIENCE & AGAIN many stars must align with the plan before executing the trade, kindly follow your rules. HAPPY TRADING EVERYONE & LET YOUR WINS RUN... _________________________________________________________________________________________________________________________ ENTRY & SL - FOLLOW YOUR RULES RISK-MANAGEMENT PERIOD - SWING TRADE __________________________________________________________________________________________________________________________ If this idea helps with your trading plan kindly leave a like definitely appreciate it.
Short
by PULEMokhothu
EURGBP - 1H / RR 1:3Dear fellow traders! Ding Ding Ding, it’s money making time again! I’ve spotted a great setup here on EG ! Here it is: Entry Level (Sell): at 0.85671 Stop Loss: at 0.85822 Take Profit: at 0.85218 With this setup, we are risking 151 pips for the rewards of 453 pips! P/S: Please remember, trading is always risky, and if you don't have a proper money management, you are a gambler. We do not expect or hoping that market will go as per our plan. We just speculate, setup an entry level, and if the market goes our way, we make money. If it doesn't, it's still fine, there's always next opportunity. Good luck!
Short
by Hamim_Iskandar
1
EURGBP - Bearish BiasEUR - BEARISH 1️⃣ Investors turned to bond yields and the dollar after the US Senate passage of a $1.9 trillion stimulus bill. 2️⃣ The euro has been also under pressure as investors continue to monitor the slow pace of COVID-19 vaccination in the EU and its impact on Europe's economic recovery. 3️⃣ Remarks from a number of European Central Bank policymakers this week suggested the bloc's monetary authority stands ready to provide more stimulus if needed to keep yields down and support the economy. 4️⃣ The Eurozone economy shrank by 0.7% in the fourth quarter of 2020, following a record 12.4% expansion in the previous three-month period and an unprecedent 11.7% contraction in the second quarter due to the COVID-19 crisis. GBP - BULLISH 1️⃣ Bank of England Governor Andrew Bailey reiterated that negative rates are off the cards. Bailey also said that his assessment of Britain’s economic outlook was "positive but with large doses of cautionary realism." 2️⃣ Investors hoped for a quicker economic recovery in the UK due to the continued success of the UK's vaccination rollout programme coupled with massive fiscal and monetary stimulus packages. ===== Technical ===== We are looking to sell the EURGBP at resistance + below SMA 50 on the H1 chart. ===== Risk to this trade ===== Any change in sentiment could turn the pair's direction.
Short
by MonsunAsia