EUR_GBP LOCAL LONG|
✅EUR_GBP fell again to retest the support of 0.8310
But it is a strong key level
So I think that there is a high chance
We will see a bullish rebound and a move up
LONG🚀
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EURGBP trade ideas
Euro-pound tests 83p again: consolidation or continuation?As against the dollar, the euro has weakened in its pair with the pound too recently, but the downtrend here has been active since August. There seems to be some potential for further losses since there’s no evidence of selling saturation currently and volume is higher here than for euro-dollar compared to the average of each.
However, second and subsequent tests of important areas are usually less likely to break through. A move below 82p would be an eight-year low: since 82-83p has been tested many times unsuccessfully since December 2016, a breakout lower in 2024 is unfavourable unless there’s a big shift in sentiment or the overall picture from economic data.
British inflation for September was 1.7%, the same as the eurozone’s, and it doesn’t seem likely to push back up significantly over the next few months. Sooner or later, the Bank of England is likely to start its own extended cycle of loosening. When that happens, there’ll be less pressure on the euro here.
These opinions are personal to the writer; they do not reflect those of Exness.
EURCHF: Long Trade Explained
EURCHF
- Classic bullish formation
- Our team expects growth
SUGGESTED TRADE:
Swing Trade
Buy EURCHF
Entry Level - 0.8328
Sl - 0.8311
Tp - 0.8358
Our Risk - 1%
Start protection of your profits from lower levels
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EUR/GBP Post CPI Falling/Dovish BOEThe dovish outlook via the ECB VS BOE uncertainty/hawks has brought us to lows.
Rebounds came as CPI fell in the UK.
Would not be surprised if upside becomes apparent.
BUY EURGBPBuying EURGBP here at 0.83570 due to an inverse head and shoulders pattern forming on H1. Target is 0.8405.
EURGBP SHORTEURGBP SHORT expecting more bearish continuation.price made retracement after breaking major area and declined the prev resistance
Technical Analysis EUR PairsHello Again,
Our general sentiment on EUR is a buy (long)
EURGBP had a massive movement with verifiable power behind it as well.
keep your eyes on these EUR pairs.
EURGBP Ready for longer term longsThis pair have been moving down for a long time but within the down trend there are up swings and this is what we've been waiting for. Looks like there's finally a fundamental move to hopefully initiate the next upward leg.
If you're conservative then wait and buy on any pullbacks, or if not enter long now and hold.
EUR-GBP Local Long! Buy!
Hello,Traders!
EUR-GPB is about to
Retest the support
Of 0.8312 and from there
We will be expecting a
Local bullish rebound
Buy!
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Check out other forecasts below too!
EURGBP continuation of the bearish trendEURGBP is still on a bearish trend with the price failing to break the resistance & moving averages
EUR_GBP BULLISH BIAS|LONG|
✅EUR_GBP has been falling recently
And the pair seems locally oversold
So as the pair is approaching a horizontal support of 0.8315
Price growth is to be expected
LONG🚀
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EURGBP: Bulls Will Push
The charts are full of distraction, disturbance and are a graveyard of fear and greed which shall not cloud our judgement on the current state of affairs in the EURGBP pair price action which suggests a high likelihood of a coming move up.
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EURGBP-Buy Setup Minimum R/R 1/3 1/10Dear Traders
EURGBP now in correction after big impulse,
i expect price will be bounce off from Key level !
dont forget like&Comment please !
Regards,
Alireza!
EURGBP 2HRS Analysis This concept is all about, Buy Stop and Sell Stop, after a major reversal, a Buy Stop position is placed just at the previous IRL(internal Range Low) and Stop Loss will be placed just at the Previous generated Low.
EURGBP Potential Bull EURGBP Strong Zone, in this case probably bull play.
Entry in zone, SL line yellow. Target maximum line white.
**Forex Analysis Disclaimer**
This analysis is intended for informational purposes only and should not be considered investment advice. I utilize technical analysis as the basis for decision-making and do not focus on fundamental analysis. Forex trading involves high risk and can result in losses. It is advisable to conduct your own research and consult with a financial advisor before making any trades. I am not responsible for any losses that may arise from the use of this information.
EUR/GBP 4H POVSimple yet effective understanding of higher price action. 4H bos to the downside with the supply in our fib range of what was used to create the bos.
EUR/GBP - Bullish Momentum Allowing for a 40+ pip Upside MoveEUR/GBP – Price has been consolidating for the past 11 days and has started to form a flag pattern. I am expecting a bullish move up to meet the daily range.
Simplistic Trading at its finest.
EURGBP-SELL strategy 6-hourly chartThe pair is trading within a large triangle, and I feel it should be attempting the downside. However, we keep tight SL to protect.
Startegy SELL @ 0.8370-0.8375 and place SL @ 0.8387 and profit order @ 0.8317 for now.
Bearish Continuation SetupLooking for Continuation Trade, Just wait for a Valid retest with Bearish Conformation with the Help of Candlestick Patterns for better Risk Management.
HOW TO USE RECTANGLE CHAT PATTERNHere on this video i show you how you can use rectangle chat pattern and trade so you can maximize your profit so it is very simple to use and you can apply it when price break above or below rectangle. Use money management
EURGBPWe will be looking for buying opportunities as we have a continuation pattern to the upside resulting to buys
