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Eurgbp!

💡Don't miss the great buy opportunity in EURGBPTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (0.8563). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . EURGBP is in an uptrend, and the continuation of the uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 54. Take Profits: TP1= @ 0.8573 TP2= @ 0.8591 TP3= @ 0.8609 TP4= @ 0.8633 TP5= @ 0.8657 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex / Crypto trader ? Now, It's your turn ! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_ME
6
💡Don't miss the great buy opportunity in EURGBPTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (0.8556). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . EURGBP is in a range bound, and the beginning of an uptrend is expected. . The price is below the 21-Day WEMA, which acts as a dynamic resistance. . The RSI is at 58. Take Profits: TP1= @ 0.8578 TP2= @ 0.8600 TP3= @ 0.8620 TP4= @ 0.8640 TP5= @ 0.8670 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex / Crypto trader? Now, It's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_ME
5
💡Don't miss the great buy opportunity in EURGBPTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (0.85499). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . EURGBP is in a range bound, and the beginning of an uptrend is expected. . The price is below the 21-Day WEMA, which acts as a dynamic resistance. . The RSI is at 46. Take Profits: TP1= @ 0.86125 TP2= @ 0.86390 TP3= @ 0.86730 TP4= @ 0.87166 TP5= @ 0.87497 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex / Crypto trader ? Now, It's your turn ! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_ME
6
EURGBP : is this the time to do 1-2-3-4-5 for upside ?After a whole 1 year from march 2020 to april 2021 , the currency pair EURGBP has shown a corrective structure of three waves , Wave- a , wave-b as a triangular wave, and wave- c of impulse decline. The weekly price action suggests that there is quite bullish reversal chances from the recent bottoms. The evidence can be considered with the help of Bullish reversal candlestick pattern : THREE LINE STRIKE , a channel breakout & a higher higher highs & higher lows in the lower time frame. One can go long on EURGBP for the targets of 0.88 to 0.9 in the coming weeks.
Long
by TradingSutra
1
Pound steadies on sharp Construction PMIThe British pound has reversed directions on Thursday and posted slight gains. Currently, GDP/USD is trading at 1.3759, up 0.16% on the day.  It has been a week of sharp swings for the pound. The week started with GBP/USD punching above the 1.39 line, but the pair could not hold on to these gains and fell close to the 1.37 level, before steadying on Thursday. Investors ditched the pound as the AstraZeneca vaccine remains under scrutiny. The European Medicines Agency said there was a possible link with rare blood clots, and the UK responded by saying it would offer alternatives to AstraZeneca. This led to GBP/USD and EUR/GBP recording sharp losses during the week. Overshadowed by the news over AstraZeneca were fine performances by UK PMIs for February. On Wednesday, Services showed strong growth, as the PMI accelerated from 49.5 to 56.3, well above the neutral 50-level. This was followed by a sparkling Construction PMI, which jumped from 53.3 to 61.7, its highest level since September 2014.  A successful vaccine rollout in the UK has allowed the government to continue lifting health restrictions, which is boosting economic activity.  The FOMC minutes reiterated that the Fed remains in dovish mode, despite the improvement in the US economy. Policymakers at the Fed remain firmly of the view that the US economy still requires support until the recovery has deepened. With significant slack in the economy, inflation remains at low levels. The Fed believes that any rise in inflation due to improving economic conditions will be temporary. There had been some speculation that FOMC members might hint at a tapering of QE, given the sharp improvement in employment numbers, but the minutes made clear that any tapering of QE is off the table for the time being. On the downside, GBP/USD continues to test support at 1.3742. Below, there is support at 1.3650 1.3889 is the next resistance line, followed by resistance at 1.3944
by OANDA
💡Don't miss the great buy opportunity in EURGBPTrading suggestion: There is a possibility of temporary retracement to the suggested support line (0.8555). . If so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . EURGBP is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 59.94. Take Profits: TP1= @ 0.8670 TP2= @ 0.8785 TP3= @ 0.8860 TP4= @ 0.8940 TP5= @ 0.9000 TP6= @ 0.9070 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex trader? Now, It's your turn! Be sure to leave a comment. Let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_ME
6