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Eurgpb

EURGBP TRADE IDEA 180520OANDA:EURGBP SUPPORT OUR FB PAGE : PROCHARTLER INTERNATIONAL & PROCHARTLER MY Leave your comments below. Disclaimer: These are only an idea or a point of view of what will happen in the market. Please do your own analysis and do not copy blindly. I will not be responsible for any losses if you follow the idea. These ideas are meant for sharing and learning. Please manage your risk-reward accordingly. You are allowed at any moment to leave any comments below as those comments will be taken as a learning point or reviews. Trade at your own risk and good luck. Regards: ProChartler
by Pro_Chartler
Brexit more like brex#hitPrice is currently in consolidation ( moving sideward ) and is 40ish pips off our resistance zone, we think price will make a bullish run upto this zone and then bounce making bearish movement all the way down to our support zone. Now we don't have an high impact news releases this week involving this pairing, but as we know around brexit anything can happen and GBP pairings can be very volatile, so please trade with caution and correct risk management. Do you think the UK will ever leave Europe? Or was it all a scam to make the people of the UK feel like they had a choice with what went on in the country when really it was never an option to leave?
Short
by ApexFX_Pro
EURGBP approaching support, potential bounce! EURGBP is approaching our first support at 0.8724 (horizontal swing low support, 100% Fibonacci extension, 76.4% Fibonacci retracement) and a strong bounce might occur above this level pushing price up to our major resistance at 0.8855 (horizontal pullback resistance, 50%, 38.2% Fibonacci retracement, 100% Fibonacci extension). Stochastic (89,5,3) is also approaching support and we might see a corresponding rise in price should it bounce off this level. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
Long
by Tickmill
EURGBP - ANTICIPATING A FLAG BEFORE FURTHER SELLING PRESSUREWe can see that the GBP has gained a lot of strength in the past couple of days, something also backed by positive economic date. From a technical standpoint right now we could be seeing one more wave to the downside should my wave count be correct. Looking at the bigger picture I believe we could be in a FLAT or EXPANDED ABC Correction. I'll post a screenshot of the Daily TF perspective in the updates below. Trade safe and do your own due diligence before executing a trade. For further details join us at: www.valuedbusinessconsulting.com
Short
by Aqua_Trader