Technical Analysis EUR/GBP

EURGBP may have formed a Top at the 100th Fibonacci level. A possible short can be taken near the high of the Red bullish engulfing candle around 0.7689 and a stop placed above the 100th Fib level around 0.7696.

Technical Analysis EUR/GBP

EurGbp started euro session below open for the day move downwards during Asian sessions but with the release of –ve EU PMI Euro moved downwards towards 0.7700 level. Sold EURGBP.
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Technical Analysis EUR/GBP

EURGBP continues trading in range. Price is retesting support at the 0.7850-60 area. In the event that values of support hold, it raises the possibility of prices returning to values of resistance. Alternatively a breakout above 0.784 would signal an end to current range market.

Technical Analysis EUR/GBP

The Euro turned higher against the pound after finding support at 0.7865. As long as price is contained by this level, upside remains Possible to 0.793. But a convincing closing 1H bar below 0.7865 is needed to trigger another leg lower in the EURGBP.

Technical Analysis EUR/GBP

EURGPB is in uptrend, and after retesting S1 trend line it move up. Currency is in wedge, so I recommend to open long position after price will broke above R1 trend line. I recommend to move sl to be (0 pips from position) after price will reach 0.79420 level.

Technical Analysis EUR/GBP

The Euro turned higher against the pound after finding support at 0.785. As long as price is contained by the channel support, upside remains possible. But a convincing closing 1H bar below 0.785 is needed to trigger another leg lower in the EURGBP.

Technical Analysis EUR/GBP

Eurgbp is on a down trend on daily and 4 hour time frame. On 30 min TM Price has been moving downwards during Asian and early Euro hours. Sell EURGBP.

Technical Analysis EUR/GBP

Tight range on 1 hr timeframe between 0.79 resistance and daily R1 and 0.7830

Technical Analysis EUR/GBp

After the ECB news and rate cut wait for pullback and sell.

Technical Analysis EUR/GBP

The pair hits the angle between two trend lines together with the Bollinger Band. Go long for more than 10 pips.

Technical Analysis EUR/GBP

The pair is in downtrend. There is resistance in the area 0.78 as former support is now resistance and the upper Bollinger band is at about 0.7802 plus the indicators show overbought levels.

Technical ANalysis EUR/GBP

The pair broke trendline at 0.7870, we have falling momentum, MACD is starting pointing down, overbought level at 1HR and 4hr timeframe. On daily chart we have resistance at 0.7896.

Technical Analysis EUR/USD

It is evident that Resistance is constant from R1 level and above, therefore given the lack of momentum by the price to penetrate strongly I advice to go SHORT with profit aimed just above our 4-hour uptrend trendline at 1.1130.

Technical Analysis EUR/GBP

This fx pair has an downtrend move since 11 February . The very strong resistance (R1) together with the dontrend trend line gives us a good signal to go short.

Technical Analysis EUR/GBP

The fx pair has an uptrend move since 3 February. The strong support at S1 together with the uptrend trend line from 08 February give us a good signal to go long.

Technical Analysis EUR/GBP

We go LONG at 1.7785 if will penetrate the resistance at 0.7780 with a very strong uptrend.

Technical. Anaysis EUR/GBP

High-base setup forming. Waiting for pullback for entry.

Technical Analysis EUR/GBP

EURGBP is in a range since 13/01/2016 with multiples touches on R1 and S1. We expect a R1 touch to initiate a Short position with a H4 support trendline level to TP

Technical Analysis EUR/GBP

A bull market since the mid-November is still running and last week’s news strengthen the trend. Our analysis indicates that no resistances occur and in the other hand the internal resistance at 0, 7692 together with the uptrend trend line can confirm that the currency will go up for new high. We go long at 0, 7700 setting our take profit at 0, 7725 and our stop loss on our second resistance at 0, 7680.

Technical Analysis EUR/GBP

On the H1 chart we are in a consolidation range. Sell at the top of the range. Buy at the bottom. Today’s trades are range trades. Sell at 88.6% retracement of 0.76480 using a 30 pip stop and target of 0.75500 minimum. Buy at 0.75500 using a 30 pip stop and target of 0.76340.