Forex Zone - Forex Forum

EUR/GBP Signal

Discussion started on Trading Signals

  • Full Member
  • Posts: 198
  • Points: 0
  • Likes Received: 25
  • Reputation: +1/-0
#EURGBP 
EURGBP will soon reach the resistance line around 0.8658. 
The trend remains down and this is a good opportunity to open SELL.
Target - level 1 = 0.857 
Target - level 2 = 0.850

Linkback: https://www.forex.zone/trading-signals/23/eurgbp-signal/2789/
#1 - October 30, 2019, 05:10:38 AM
Attachments:

  • Full Member
  • Posts: 198
  • Points: 0
  • Likes Received: 25
  • Reputation: +1/-0
#EURGBP
Sell EURGBP .
Causes:
1) The price near a strong resistance line
2) The price near a small resistance line
3) The price at the resistance level 0.8647
4) The trend is falling Target - support level 0.850
#2 - November 04, 2019, 06:38:55 AM
Attachments:

  • Jr. Member
  • Posts: 65
  • Points: 0
  • Likes Received: 8
  • Reputation: +1/-0
At the moment the Euro / Gbp pair is performing an uptrend action which is marked by the formation of a compression pattern as shown below. It can be seen clearly that we can take advantage of the moment buy with the target in the red trendline which shows that it is still downtrend. And we can sell again in the trendline area. 

Signal buy 
Buy now: 0.85570 
Stop loss: 0.83570 
Takeprofit: 87600 

Signal sell: Area 87600 
Stop loss and takeprofit areas can be adjusted as needed.
#3 - November 18, 2019, 04:38:00 AM
Attachments:

  • Hero Member
  • Posts: 527
  • Points: 9208
  • Likes Received: 18
  • Reputation: +0/-0
euro / gbp is forming a head and shoulders pattern where in the change of timeframe H4 will likely rise to the nearest supply level. because in addition to forming a head and shoulders pair pattern also forms a compression buy. I suggest placing a buy in the area of 0.85450
buy signal: 0.85450 
stop loss: 0.85200 
take profit: 0.87500
#4 - November 21, 2019, 02:04:51 PM
Attachments:

  • Hero Member
  • Posts: 1254
  • Points: 102
  • Likes Received: 174
  • Reputation: +70/-0
The price is below the daily pivot 0.8583.
The small MA is below the big MA, the price is below the two MA.
Estimated price will be bearish with the initial target of Support 1.
Possibility to penetrate up to Support 2.
#5 - November 25, 2019, 03:19:31 AM
Attachments:

  • Newbie
  • Posts: 49
  • Points: 380
  • Likes Received: 16
  • Reputation: +1/-1
The EurGbp pair on the H1 chart forms a head and shoulders pattern or the naked chart trader calls it the quasimodo level,
this makes me sure that the EurGbp pair will still go down at least up to the price of 0.83700 This setup has a fairly high ratio, so I recommend installing a sell limit in the area.

For EurGbp signal
Sell limit is 0.85500
Target is 0.83800
Stop loss 0.85900
#6 - January 06, 2020, 01:52:47 PM
Attachments:

  • Hero Member
  • Posts: 527
  • Points: 9208
  • Likes Received: 18
  • Reputation: +0/-0
The EURGBP H4 pair is still valid to form the AB = CD pattern because it is still in the 38.2% Fibonacci retracement area and for opening the market tomorrow it can immediately open long positions so that it is not late. For stop loss it can be placed in the 0% Fibonacci area which is around the price of 0.82700 with a target at the price of 0.87700 for the long term. So the recommended open positions for next week are as follows: 
Buy at the price of 0.84000 
Target at the price of 0.87700 
Stop loss at the price of 0.82700
#7 - February 02, 2020, 10:55:57 AM
Attachments:

  • Full Member
  • Posts: 234
  • Points: 426
  • Likes Received: 12
  • Reputation: +1/-0
The EURGBP H1 pair seems to have a downward trend after breaking through the support last Thursday. According to my predictions the price of EURGBP will continue to fall after making a slight correction to Monday's pivot point tomorrow. My recommendation is to SELL in the 0.8400 area
TP 0.8340
SL 0.8435
#8 - February 02, 2020, 05:45:17 PM
Attachments:

  • Sr. Member
  • Posts: 364
  • Points: 0
  • Likes Received: 8
  • Reputation: +2/-0
EURGBP is currently forming a DOUBLE BOTTOM pattern on the H4 timeframe, technically this is a reversal pattern that we should not miss, this makes me sure the EURXXX pair will soon rise, the price of running now is at the level of 0.83400. Wait for the H4 candle to close and open buy the next H4 candle. This will be a good momentum for traders who want to get profit, for the target we can install it according to their individual tastes, but I suggest the price of 0.87500. 

Momentum buy 0.83400 
Take profit target is 0.87500 
Stop loss 0.82500
#9 - February 14, 2020, 01:50:13 PM
Attachments:

  • Newbie
  • Posts: 49
  • Points: 380
  • Likes Received: 16
  • Reputation: +1/-1
Technically, the EUR / GBP pair on the current H4 timeframe is valid to focus on long positions, after successfully breaking the bearish mother candle and has reached the target in the 161.8% area, now is the time for our focus is the target in the 261.8% area as the second Take Profit in the 0.84700 area. We are just waiting for the price of correction to the 50% Fibonacci area as shown below 

Buy signal area 0.83100 
Stop loss signal area is 0.82700 
Signal target area is 0.84700
#10 - February 23, 2020, 05:02:24 AM
Attachments:

  • Hero Member
  • Posts: 9575
  • Points: 59
  • Likes Received: 728
  • Reputation: +10/-20
If we see in the last few days EURGBP tends to rise and for today I think EURGBP is likely to continue its rise because it is still moving above the 200 SMA. Therefore for today I feel that open buy positions are more appropriate for us to consider EURGBP pairs with targets at around the price of 0.8386.
#11 - February 26, 2020, 03:06:34 AM
Attachments:

  • Starter
  • Posts: 2
  • Points: 12860
  • Likes Received: 0
  • Reputation: +0/-0
the EUR/USD is in a strong bearish wave 3 and the downtrend is expected to continue.  The EUR/USD is expected to continue with the downtrend after completing the wave 4, which could go as deep as 1.0875. The next targets are 1.0750 and 1.0575.
#12 - February 26, 2020, 03:43:28 AM

  • Newbie
  • Posts: 13
  • Points: 1495
  • Likes Received: 4
  • Reputation: +1/-0

EURGBP has managed to break out at the daily support level and it is likely to continue the trend up towards the next resistance level at 0.8679 and if still not reached the target may be continued on next Monday but the daily range is still possible towards this resistance level



#13 - February 28, 2020, 07:04:52 PM
Attachments:

  • Sr. Member
  • Posts: 252
  • Points: 65
  • Likes Received: 8
  • Reputation: +0/-0
Eurgbp it's time we take a buy position, wait down until the correction in the red line area is 1.87294 and wait for the candlestick confirmation. For the target and stop loss according to taste
#14 - May 06, 2020, 07:40:10 PM
Attachments:

  • Sr. Member
  • Posts: 454
  • Points: 68
  • Likes Received: 44
  • Reputation: +4/-0
For the pair eurgbp it looks like the trend is big or small will still go up so we will still focus on buying just waiting for the MA intersection
Buy 0.9031
Target 0.9049
Stpploss 0.9010
#15 - June 25, 2020, 08:28:57 AM
Attachments:

Members:

0 Members and 1 Guest are viewing this topic.