EURGBP Short

[sharabela]

A good zone to go long from. The price reacted at the level twice. Thus, a bullish reversal pattern may attract the buyers to push the price towards the North. Thanks for sharing the chart and your trading idea.

 

[Farm Yard Forex]

I think the wick that poked below the equal lows to the left of it has done the work of swiping any stops that might have been there. As such I don't think price will go lower for now and expect a bullish impulse from here. if we see the recent high cleared then we could see a boy model starting.

 

[DT5]

Wait for the bounce then dive in....

 

[Farm Yard Forex]

Reacted nicely at this level as I thought it might. Would like to see the recent high broken now for signals of a new buy model starting.

 

[Jim B]

This pair has been bearish for quite a while now I’ve just been getting periodic sells in when I get the chance. With the news the way it is at the moment how do see this pair fairing ?

 

[Jungletrader]

I'm inclined to look for shorts on this pair there's a DBD Supply overhead has caught my intrest

 

[bax699]

This week's video is out now on my YouTube channel. Feel free to have a watch. Appreciate anyone that likes and subscribes.

 

[DT5]

Thanks for the heads up, will take a look now

 

[Jim B]

I’ll go and check it out now mate, thanks.

 

[IceThor]

EUR is a proper account blower!!

Why?

 

[pezza55]

This week's video is out now on my YouTube channel. Feel free to have a watch. Appreciate anyone that likes and subscribes.

nice update and been looking for EURGBP to break upwards for a while but every time I seem to get stopped out from a sweeping low and then we creep back upwards again no real fast pace with this pair currently.

 

[sharabela]

The pair has been bearish again in the daily chart. After producing two consecutive bearish candles, it has been a bearish day so far. If the price makes a bearish breakout at the neckline (look at the chart below), the pair may make a bearish move and head towards the last swing low.

 

[LuckyMac]

Still ranging a lot ill be holding off until a break comes

 

[sharabela]

The pair has been in consolidation in the daily chart. If the price makes a breakout at consolidation support, the sellers may drive the price towards the South with a strong bearish momentum.

 

[LuckyMac]

Seems to be heading that direction, still a lot of uncertainty around the Russia/Ukraine situation.
Could be testing the 0.825 area again I suspect.

I like the 0.825 area too. Ill be keeping a close eye

 

[momo3HC]

What a massive red daily candle today. I think the clear skies was just temporary here.

 

[RachelFX]

Finally seeing some bullish action on this pair, big bullish candles making a HH

 

[RachelFX]

Big break out of the downward channel that has been in play for so long, think there is a pullback to around 0.85000 next, and an area fo potential buys into this move

 

[Chart_Hopper]

Certainly looking like it's turning bullish with this breakout. Been a long time coming.