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EURGBP

Strifor || EURUSD-10/18/2023Preferred direction: SELL Comment: The main direction is still downward, here the medium-term vision does not change. However, the results of trading on Wednesday suggest a slight recovery against the dollar. Here, an overshoot is also not excluded, that is, a movement towards 1.06000, after which the currency pair will most likely begin to fall again. As was said in previous trading ideas for this instrument, in the medium term we can expect a movement towards the level of 1.04500. Thank you for like and share your views!
Short
by Strifor
1
TradePlus-Fx|GBPUSD: power of dollar💬 Description: The dollar began to gain strength again amid yesterday's US inflation data. Currency pairs reacted the most, and metals only began to catch up a little later. Metals are most likely still supported by demand against the backdrop of geopolitical tensions, where, by the way, the dollar also has weight, since US bonds are bought for dollars. We recently looked at a potential reversal at the 1.22716 level. This area is indicated on the graph. This is exactly what is happening now. Sales priority will be canceled only if the price closes again above the specified level. In the very near future, the level 1.21166 will most likely be reached, after which as soon as the price falls below this level, we can expect a rapid fall to 1.18730. 🔔 FX CALENDAR TODAY 🔔 🇨🇭PPI 🇬🇧BoE Gov Bailey Speaks 🇪🇺ECB President Lagarde Speaks 🇺🇸Michigan Consumer Sentiment 🇺🇸Michigan Consumer Expectations 🛢US Baker Hughes Total Rig Count 🌎IMF Meetings ➖➖➖➖➖➖➖ 🚀Thank for your BOOSTS 🚀 👇Share your views and FOLLOW US 👇
Short
by TradePlus-Fx
14
🚨EURGBP will Fall By Bump-and-Run Top Pattern🚨✅ EURGBP was able to make a Bump-and-Run Top Pattern . 🔨 EURGBP Broke the support line a few hours ago, and now it is on the Run phase of the Bump-and-Run Top Pattern. 🔔I expect the EURGBP will fall at least to the 🟢Support zone🟢 in the next hours. Euro/British Pound Analyze ( EURGBP ), 4-hour time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy, this is just my idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Short
by pejman_zwin
39
Strifor || GBPUSD-10/16/2023Preferred direction: SELL Comment: At the beginning of the week, the dollar lost ground slightly, but despite this, the American currency still dominates the market based on a number of technical factors and, of course, fundamental ones. The pound is also expected to fall towards the support area at the level of 1.20500. In the medium term, the instrument may fall even lower in order to eliminate buyers' stop losses. Thank you for like and share your views!
Short
by Strifor
1
TradePlus-Fx|EURUSD: follow plan💬 Description: Addition to an extreme trading idea for the Euro . In general, we continue to follow the plan that was outlined for us. The first part, aimed at long, worked out positively. Now, after reaching the area 1.06167 - 1.06350 , you can begin to consider short transactions. The best thing to do is to look at the dynamic set of positions, that is, to gain a short position with several orders. There is a small chance that the price may update the current high, especially based on data from the US today. The target for the fall is the same and remains at the daily level of 1.05194 . In addition, a potential movement below the specified target was indicated on the chart. This option is also being considered, and after fixing part of the profit, you can allow the profit to continue flowing. 🔔 FX CALENDAR TODAY 🔔 🇺🇸PPI 🛢EIA Short-Term Energy Outlook 🇺🇸FOMC Meeting Minutes 🛢API Weekly Crude Oil Stock 🌎IMF Meetings ➖➖➖➖➖➖➖ 🚀Thank for your BOOSTS 🚀 👇Share your views and FOLLOW US 👇
Short
by TradePlus-Fx
21
EUR/GBP Aims HigherEUR/GBP is rising and might climb above the 0.8665 resistance. Important Takeaways for EUR/GBP Analysis Today · EUR/GBP is rising and trading above the 0.8650 zone. · There was a break above a major bearish trend line with resistance near 0.8635 on the hourly chart at FXOpen. EUR/GBP Technical Analysis On the hourly chart of EUR/GBP at FXOpen, the pair started a steady increase from the 0.8620 zone. The Euro traded above the 0.8635 pivot level to enter a positive zone against the British Pound. Besides, there was a break above a major bearish trend line with resistance near 0.8635. The EUR/GBP chart suggests that the pair settled above the 50-hour simple moving average and 0.8650. Finally, it faced sellers near 0.8665. It is now correcting gains and trading below the 23.6% Fib retracement level of the recent increase from the 0.8633 swing low to the 0.8664 high. Immediate support sits near the 50% Fib retracement level of the recent increase from the 0.8633 swing low to the 0.8664 high at 0.8650. The next major support is near the 50-hour simple moving average at 0.8645. The main support is 0.8635. A downside break below the 0.8635 support might call for more downsides. In the stated case, the pair could drop toward the 0.8620 support level. Immediate resistance is near the recent high at 0.8665. The next major resistance could be 0.8680. A close above the 0.8680 level might accelerate gains. In the stated case, the bulls may perhaps aim for a test of 0.8720. Any more gains might send the pair toward the 0.8780 level. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
by FXOpen
EURGBP Will Explode! BUY! My dear followers, This is my opinion on the EURGBP next move: The asset is approaching an important pivot point 0.8635 Bias - Bullish Safe Stop Loss - 0.8618 Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market. Goal - 0.8663 About Used Indicators: For more efficient signals, super-trend is used in combination with other indicators like Pivot Points. ——————————— WISH YOU ALL LUCK
Long
by AnabelSignals
1
HelenP. I British Pound can continue to decline to $0.8600Hi folks today I'm prepared for you British Pound analytics. A few time ago price bounced from the trend line and made a strong upward impulse to 0.8630 points, thereby breaking the 0.8575 support level. After this movement price made a correction to this level, which coincided with the support zone, and then repeated impulse to the 0.8675 resistance level, which coincided with the resistance zone too. Also, the British Pound entered to wedge, where it broke the 0.8675 resistance level and rose higher, but soon it rebounded below. The price tried to back up but failed and made an impulse down to trend lime, which coincided with the support line of the wedge. As well soon price made a fake breakout from this line, but failed and rose higher. But recently finally broke this line and now British Pound trades near. For my mind, the price can make a movement up, higher of the trend line, and then continue to decline. That's why I set my target at the 0.8600 level. If you like my analytics you may support me with your like/comment ❤️
Short
by FirstNameHelen
7
BluetonaFX - EURGBP Rising Wedge SHORT IdeaHi Traders! There is a rising wedge pattern on EURGBP, which signals a possible reversal of the bullish trend we have seen over the past two months. Price Action 📊 The market failed to break the previous resistance at the 0.87014 area, which led to lower highs and lower lows market swings, followed by a momentum break below the 20 EMA. This shows that there may be new waves of bearish volume entering the market. We are looking for a bearish break and a close below the support trendline. Fundamental Analysis 📰 Traders seem to be uncertain about the euro after ECB president Lagarge claimed that she is confident the ECB's policy will bring inflation back down to their 2% goal. Support 📉 0.86140: SUPPORT TRENDLINE Resistance 📈 0.86428: PEVIOUS DAY'S HIGH Risk ⚠️ No more than 2% of your capital. Reward 💰 At least 4% of your capital. Please make sure to click on the like/boost button 🚀 as your support greatly helps. Trade safely and responsibly. BluetonaFX
Short
by BluetonaFX