Eurgbptrend
EURGBP reversed from resistance, potential drop!
EURGBP reversed off its resistance at 0.83745 where it could potentially drop further to 0.83338.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
EURGBP reversed from resistance, potential drop!
EURGBP reversed off its resistance at 0.83760 where it could potentially drop further to 0.83475.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
EURGBP bounced from support, potential for a further rise!
EURGBP bounced off 0.83644 where it could potentially rise further to 0.83851.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
EURGBP at multi-year Support. Low-risk, Big reward Buy set-upPersistent Euro weakness has pushed EURGBP to it's yearly lows. However, price has rebounded from a very strong support zone as indicated in my chart.
So, traders can look for Long entries at 0.8290-0.8330 with SL below 0.8200.
Traders can take profit at 0.84, 0.8550,0.8780 and 0.93.
EURGBP potential reversal!
EURGBP expected to rise up to 1st resistance at 0.83145 where it could potentially react off and drop down to 1st support at 0.83006.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
EURGBP SHORT Same bias as last week, missed my entry by 20 pips. Looking for this to come up to the 61.8 region (purple box) hopefully see some candle wick rejection from here to take this short.
Take partial profits.
140 PIP GAIN 5 /1 RR
EURGBP SHORTI am currently in this trade but I still see some GBP weakness across the board. I think we will see a retracement back up-to the 78.6% fib level (purple box area) 0.85150 area. If we do see a retracement to this level wait for 4 hour candle closure forming a doji or spinning top as an extra confluence to take a short position.
Remember to take partial profits at 0% -20% and finally the -61.8%.
235 PIP gain 8/1 RR
LIKE AND FOLLOW :))))
Trading Pathways Analysis of EURGBP H4 Chart
The outlined white arrow pathway is the predicted pathway that the EURGBP will follow in the coming days or weeks. Using my unique charting methods, I have been able to arrive at HIGH PROBABILITY turning points where EURGBP will turn.
PLEASE NOTE THE ABOVE ANALYSIS IS FOR EDUCATIONAL PURPOSES ONLY. THEY ARE NOT DIRECT INSTRUCTIONS TO TRADE AND ANY LOSS INCURRED BY FOLLOWING THIS ANALYSIS IS AT YOUR OWN RISK.
Eiseprod of Trading Pathways
eurgbp short due to a strong pound.we see a nice rejection of the Fibonacci levels in this pair. the general view of the pound is bullish. we saw Monday a strong selloff the Sterlin and it is now for the half recovered. my bias for the upcoming weeks for this pair is bearish
EURGBP Market Outlook | Daily Forex Market BreakdownEURGBP
Bit choppy recently. I am favoring longs but I want to see a nice push to the downside to secure a clean entry. Keeping a very close eye on this pair.
EUR/GBP : Sell Trade SetupsI am Expecting Drop After Bear Flag Breakdown.
Let see how market Move.
Thankyou
EURGBP SHORT 4H SETUP
EURGBP is showing a downtrend lately on daily timeframe, we are looking of a possible to enter a short position if our trendline does not break, we also saw
some rejections on our resistance (keylevel) at 0.84728 which confirms us for a possible sell till to our next support at 0.83373
EURGBP Market Outlook | Daily Forex Market BreakdownEURGBP
Looking really good. I believe that EURGBP is going to start climbing to the upside. First I would like to see a nice pull back and a clean rejection off support giving us a good entry. Watching very closely. Definitely at the top of our watchlist.
EURGBP Market Outlook | Daily Forex Market BreakdownEURGBP
Bit a push to the upside, looking really good. I am not going to rush into anything. Like gold and oil you really need to respect pound pairs as they can move very violently. Its still early in the week so we need to be patient. I would like to see a nice pull back down giving us a good opportunity for a clean entry! Definitely on the watch list. Keeping a close eye on this
EURGBP - Demand holding..H4 buy setup Eurgbp - H4 chart - Brexit deadline is next month and technically gbp looks set to fall and eurgbp can rise big so heres another buy trade for eurgbp that I'll be taking as the previous one got stopped on break even.
EUR/GBP : Buy on the Retest ConformationStructure Looking for one more Upside Move
Buy on the Retest Confirmation.
Good Luck
EURGBP approaching support, potential for a further rise!
EURGBP approaching support at 0.84820 where it could potentially rise further to 0.85712.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
EURGBP Market Outlook | Daily Forex Market BreakdownEURGBP
As mentioned keep in mind that we have pound news today. This pair is definitely looking good. As I said in the last video I would like to see EG push up a bit and give us a nice clean rejection off resistance then we could look to take a trade.
EURGBP - LONGReason
1.) Price reversal at 0.83 tells me that some big volume is buying at this price.
2/) SMA20 starts showing some strength in an up trend.
Note; Long term is still in a downtrend, thus trading should be cautiously monitor or SL.
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
TRADE with CARE !!!
