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British Pound / Euro

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GBPEUR trade ideas

EURGBP Under Pressure! SELL! My dear subscribers, My technical analysis for EURGBP is below: The price is coiling around a solid key level - 0.8443 Bias - Bearish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 0.8423 My Stop Loss - 0.8458 About Used Indicators: By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses ——————————— WISH YOU ALL LUCK
Short
by AnabelSignals
1
EURGBP Buy The above buy was gotten from a breakdown of the Weekly, Daily and 4HR price came down to retest previous weekly support that held price up since August 2022 so we know this lvl is strong. I waited to receive a Bullish Day reacting from the Weekly Lvl indicating there is still Bulls present at this Lvl then looked on the 4HR The daily Bullish Candle gave us a BOS on the 4HR creating an inverse H&S My entry was based on the right shoulder plus a double bottom at that shoulder Entry was M/E at round physic Lvl
Long
by adam12ak
1
EUR/GBP Forecast Today: The Euro Attempts to Continue RecoveringThe Euro initially fell during the trading week, testing the 0.84 level. At that point, the market reversed, showing signs of life and ended up being very bullish. By doing so, the market formed a hammer pattern for the week at an exceptionally low level, suggesting that the Euro could become a real value. If we manage to surpass the 0.85 level, it would be a very bullish turn of events, potentially attracting even more participants into the market. On the other hand, if we break down below the 0.84 level, it is likely that the market will target the 0.83 level below.
by JoelFinancial