Forex Analysis for EUR/GBP

Filter:
EUR/GBP
Popular
EUR/USD
GBP/USD
USD/CHF
USD/JPY
AUD/USD
Brent
XAU/USD
All instruments:
Forex
USD/CAD
EUR/JPY
EUR/GBP
NZD/USD
EUR/AUD
GBP/JPY
CAD/JPY
EUR/CAD
NZD/JPY
GBP/CHF
CHF/JPY
EUR/NZD
GBP/AUD
CAD/CHF
AUD/NZD
NZD/CAD
GBP/CAD
AUD/CHF
Metals
XAG/USD
XAU/USD
XPD/USD
XPT/USD
XCU/USD
Energy
WTI
Brent
Agricultural
S&P500
DOW30
DXY
Select
AUD/CAD
AUD/JPY
AUD/SGD
AUD/USD
BTC/USD
CHF/BGN
CHF/RON
CHF/SGD
CHF/TRY
EUR/CHF
EUR/CZK
EUR/DKK
EUR/HKD
EUR/HUF
EUR/ILS
EUR/MXN
EUR/NOK
EUR/PLN
EUR/RON
EUR/RUB
EUR/SEK
EUR/SGD
EUR/TRY
EUR/USD
EUR/ZAR
GBP/BGN
GBP/CZK
GBP/DKK
GBP/HKD
GBP/HUF
GBP/NOK
GBP/NZD
GBP/PLN
GBP/RON
GBP/SEK
GBP/SGD
GBP/TRY
GBP/USD
GBP/USD
GBP/ZAR
HKD/JPY
NZD/CAD
NZD/CHF
SGD/HKD
SGD/JPY
TRY/JPY
USD/BGN
USD/CHF
USD/CNH
USD/CNY
USD/CZK
USD/DKK
USD/EUR
USD/HKD
USD/HUF
USD/ILS
USD/JPY
USD/MXN
USD/NOK
USD/NOK
USD/PLN
USD/RON
USD/RUB
USD/SEK
USD/SGD
USD/TRY
USD/ZAR
Clear
All Forex brokers
All Forex brokers
Admiral Markets
Alpari
EXNESS
FBS
FIBO Group
FxPro
FXTM
HYCM
IG
Instaforex
NordFX
EUR/GBP: bulls get ready to strike
EUR/GBP: bulls get ready to strike
Recommendation: BUY 0.8825 SL 0.8770 TP1 0.8925 TP2 0.8940 TP3 0.9015 BUY 0.8790 SL 0.8755 TP1 0.8890 TP2 0.8940 TP3 0.9015 On the daily chart of EUR/GBP, bulls are ready to get the pair out of the 0.8700-0.8825 consolidation range (a “ledge”) within the ‘Spike and ledge” pattern on the basis of 1-2...
0
EURUSD: euro consolidating ahead of the NPF report and Spanish parliament vote
EURUSD: euro consolidating ahead of the NPF report and Spanish parliament vote
Previous: On Thursday the 31st of May, trading on the EURUSD pair closed slightly up. Despite the fact that the euro dropped to 1.1641, it managed to recover to 1.1700 by the end of the session. This recovery was the result of reduced pressure on the single currency. Giuseppe Conte is set to be swor...
0
EUR/GBP: bulls want more
EUR/GBP: bulls want more
Recommendation: BUY 0.8825 SL 0.8770 TP1 0.8925 TP2 0.894 TP3 0.902 On the daily chart, EUR/GBP keeps consolidating in the 0.8700-0.9015 range. At the same time, there’s a “Spike and kedge” pattern on the basis of 1-2-3. A break of the upper border of the ledge near 0.8850 will increase the odds of ...
0
Fundamental analysis of EUR/GBP for May 24, 2018
Fundamental analysis of EUR/GBP for May 24, 2018
EUR/GBP has been struggling above the support area of 0.8700-50 area for some time now from where no definite trend pressure is being observed. Both EUR and GBP are struggling with the economic reports outcome which lead to certain indecision and volatility in the market.Recently, the UK Inflation r...
1
Global macro overview for 23/05/2018
Global macro overview for 23/05/2018
Hard times are coming for the British pound. This currency is still losing attractiveness for investors, being under pressure on two fronts simultaneously - political and economic.Recent weak PMI readings and the stagnation of lending suggest that from the beginning of this year the upward momentum ...
1
EUR/GBP: pound is chasing a bat
EUR/GBP: pound is chasing a bat
Recommendations: SELL 0.8775 SL 0.8830 TP1 0.8695 TP2 0.8635 BUY 0.8835 SL 0.8780 TP1 0.893 TP2 0.9015 On the daily chart of EUR/GBP, bears managed to seize the initiative and brought the pair to the lower border of the medium-term consolidation range (0.8695-0.9015). If the pair triggers the “Bat” ...
2
EUR/GBP: the euro is haunting a «Shark»
EUR/GBP: the euro is haunting a «Shark»
Recommendations: BUY 0.8835 SL 0.878 TP1 0.8895 TP2 0.894 TP3 0.9015 On the daily chart of EUR/GBP, the implementation of the junior “Shark” pattern with the 88.6% target continues. The target is located near 0.8940. To continue the upward movement, bulls need to stick above an important level of 0....
1
Fundamental analysis of EUR/GBP for May 9, 2018
Fundamental analysis of EUR/GBP for May 9, 2018
EUR/GBP has been quite bearish and volatile recently above the support area of 0.8700-50. Both EUR and GBP has been struggling with the economic reports published recently whereas EUR seemed to have an upper hand over GBP for last few weeks.Ahead of the upcoming Uk's Bank Official Rate and the BOE I...
2
EUR/GBP: bulls prefer a harmonic trading
EUR/GBP: bulls prefer a harmonic trading
Recommendations: BUY 0.884 SL 0.8785 TP1 0.8895 TP2 0.894 TP3 0.9015 On the daily chart of EUR/GBP, the reversed “Shark” pattern with the 88.6% target (50% from the long-term upward wave) is continuing to implement. It corresponds to the 0.894 mark. Bulls managed to stick above the important level o...
4
Fundamental Analysis of EUR/GBP for May 3, 2018
Fundamental Analysis of EUR/GBP for May 3, 2018
EUR/GBP has been quite impulsive with the bullish gains after breaking above the 0.87 price area with a daily close. The worse economic reports published in the UK recently had a great impact on the gains of GBP which led to certain weakening against EUR in the process.EUR has been quite mixed with ...
2
AUD/JPY Is Approaching Support, Prepare For A Bounce
AUD/JPY Is Approaching Support, Prepare For A Bounce
AUD/JPY is approaching its support at 82.028 (61.8% Fibonacci retracement, 61.8% Fibonacci retracement, 76.4% Fibonacci retracement, horizontal overlap support) where we expect to see a bounce, causing the price to rise to its resistance at 83.04 (50% Fibonacci retracement, horizontal overlap resist...
2
EUR/GBP Is Testing Its Resistance, Prepare For a Reversal
EUR/GBP Is Testing Its Resistance, Prepare For a Reversal
EUR/GBP is testing its resistance at 0.8336 (61.8% Fibonacci retracement, 100% Fibonacci extension, horizontal overlap resistance) where we expect the price to react off it, causing it to fall to its support at 0.8729 (100% Fibonacci extension, 50% Fibonacci retracement, horizontal overlap support)....
1
Trading Plan for EURGBP for April 30, 2018
Trading Plan for EURGBP for April 30, 2018
Technical outlook:The EUR/GBP H4 chart view shows an intermediate wave structure. The price action since March 2017 till now has unfolded into an impulse (5 waves), followed by a zigzag (3 waves) as seen here. Please note that EUR/GBP dropped between 0.8960 through 0.8620 levels unfolding into 5 wav...
1
EUR/GBP: fighting for the initiative
EUR/GBP: fighting for the initiative
Recommendation: SELL 0.8645 SL 0.87 TP1 0.8555 TP2 0.852 TP3 0.8455 BUY 0.8795 SL 0.874 TP1 0.8895 TP2 0.893 In the daily chart of EUR/GBP, the inability of bulls to reach resistance at 0.88, conquer it and trigger the “Shark” pattern pointed at their weakness. Bears returned the initiative and are ...
3
EUR/GBP stays near a key support zone
EUR/GBP stays near a key support zone
EUR/GBP plummeted across the board during April 26th journey, as the sellers have been actively pushing the pair to the downside and below the 200 SMA at H1 chart. However, bears are being capped by the Fibonacci level of 65% at 0.8679. If a rebound happens around such area, we can expect further ga...
1
Fundamental analysis of EUR/GBP for April 25, 2018
Fundamental analysis of EUR/GBP for April 25, 2018
EUR/GBP has recently bounced off the 0.86 price area breaching above 0.87 with a daily close. Currently, the price is residing inside the support area of 0.87-0.8750 from where it is currently expected to push higher towards 0.8950 resistance area in the coming days. The recent break below 0.87 has ...
1
EURUSD: euro expected to continue its decline
EURUSD: euro expected to continue its decline
Previous: On Thursday the 19th of April, trading on the euro closed down. The single currency slid against the dollar from 1.2400 to 1.2345. The local minimum is at 1.2329. Additionally, the greenback got a boost from a rise in US10Y bond yields, which have jumped from 2.86% to 2.934%. Aside from th...
0
EUR/GBP: bulls tricked their rivals
EUR/GBP: bulls tricked their rivals
Recommendation: BUY 0.8810 SL 0.8755 TP1 0.8910 TP2 0.8940 TP3 0.9015 On the daily chart, EUR/GBP bulls managed to seize the initiative and return the pair inside the previous medium-term consolidation range of 0.8695-0.9015. A break of resistance at 0.8810 will trigger the “Shark” pattern with a ta...
2
Fundamental Analysis of EUR/GBP for April 19, 2018
Fundamental Analysis of EUR/GBP for April 19, 2018
EUR/GBP is currently residing inside the corrective resistance zone between 0.87 to 0.8750 area whereas the bearish trend is quite intact as well. EUR has been the dominant currency in the pair for last few days inside the impulsive bearish trend in progress as GBP was struggling for gains amid mixe...
1
EUR/GBP U-Shaped Bottom Hints Potential Bullish Continuation
EUR/GBP U-Shaped Bottom Hints Potential Bullish Continuation
Source: Admiral Markets MT5 with MT5SE Add-onThe EUR/GBP has broken through the descending trendline and we can see a potential for bullish continuation. Another cue is the U-shaped bottom that has been formed exactly at W L3 support. 0.8688-98 is the POC zone for potential bounces. Targets are 0.87...
1
EURUSD: price caught up at the balance line
EURUSD: price caught up at the balance line
Previous: On Wednesday the 18th of April, trading on the EURUSD pair closed slightly up at 1.2373. The single currency got a significant boost from the EURGBP and EURCAD crosses. The pound dropped against both the dollar and euro following the release of disappointing UK inflation figures for March....
0
EUR/GBP with a bullish divergence at MACD and RSI indicators
EUR/GBP with a bullish divergence at MACD and RSI indicators
EUR/GBP has been showing interesting patterns’ formations at the H1 chart, with a bullish divergence that appeared in the MACD and RSI indicators, which could be a sign of a strong bottom found around 0.8600. That’s why we’ve saw a strong rally above the 200 SMA and currently, the pair is looking to...
1
Global macro overview for 17/04/2018
Global macro overview for 17/04/2018
The dynamics of wages and salaries excluding bonuses in the UK accelerated to 2.8% y/y in February from 2.6% in January. The increase in total remuneration remained at 2.8%, although it was expected to accelerate to 3.0%. Nevertheless, for the first time since January 2017, the growth rate of the ba...
2
Pound tried on the leader's jersey
Pound tried on the leader's jersey
As hedge funds grow in the bright future of the British pound, the currency of the UK is gaining steadily and comes out on a clean first place in the G10 race for the title of best performer since the beginning of the year. As a result of the build-up of speculative net long positions on sterling to...
2
EURUSD: stuck in a range of 1.2315 – 1.2355
EURUSD: stuck in a range of 1.2315 – 1.2355
Previous: On Friday the 13th of April, trading on the single currency closed slightly up against the greenback. Trading was mixed, with the pair fluctuating within a range of 1.2307 – 1.2346 due to a lack of any new impetus. The euro came under pressure from the publication of the minutes of the ECB...
2
EUR/GBP: bears - bulls - 5:0
EUR/GBP: bears - bulls - 5:0
Recommendation: SELL 0.8690 SL 0.8745 TP1 0.859 TP2 0.852 TP3 0.845 On the daily chart, EUR/GBP keeps forming 5-0 and “Spike and ledge” patterns. The pair got out of the medium-term channel (0.87-0.9015) and triggered the junior AB=CD pattern. Its 200% target is near 0.8520. A bit closer (0.8450) is...
2
EUR/GBP Indecision Between Trend Line Diagonals
EUR/GBP Indecision Between Trend Line Diagonals
Source: Admiral Markets MT5 with MT5SE Add-onThe EUR/GBP has been trapped within the narrow range of W L3 and W H3 Pivot. Slow price action indicates that we might expect a breakout when volatility gets higher. At this point, the price is stalling between the two trend line diagonals that also inter...
1
Fundamental Analysis of EUR/GBP for April 11, 2018
Fundamental Analysis of EUR/GBP for April 11, 2018
EUR/GBP has recently bounced off the important support area of 0.87 which led the daily close to certain indecision in the market. Today is going to be volatile period for both EUR and GBP having a series of impactful economic reports to be published. Today, EUR Italian Retail Sales report is going ...
1
EUR/GBP strengthening a bearish bias for the short-term
EUR/GBP strengthening a bearish bias for the short-term
EUR/GBP has been trading within a bearish range below the 200 SMA at H1 chart. As the pair remains off from April 10th lows, we expect a rise to re-test the 200 SMA around the Fibonacci level of 50% at 0.8742. A break above it should expose the highs from April 2nd at 0.8793, which should strengthen...
1
EUR/GBP: bulls are pursuing a crab
EUR/GBP: bulls are pursuing a crab
Recommendation: SELL 0.8715 SL 0.8770 TP1 0.8615 TP2 0.8590 On the daily chart, EUR/GBP keeps forming a 5-0 pattern. After a pullback to 38.2% of the wave CD of the “Shark” pattern, the initiative returned to bears. At the moment, the inside bars are formed. They point at uncertainty.   On H1, EUR/G...
2
show more

Was the information useful for you?
If you like this discussion on TopBrokers.com then please like us on Facebook