Tag: EURGBP

• EURGBP reversed from support level 0.8590 • Likely to rise to resistance level 0.8700 EURGBP currency pair recently reversed up from the key support level 0.8590 (former resistance from July), standing near the lower daily Bollinger Band and the 61.8% Fibonacci correction of the upward impulse from March. The upward reversal from the support […]

• EURGBP reversed from support level 0.8600 • Likely to rise to resistance level 0.8800 EURGBP currency pair recently reversed up with the daily Long-legged Doji from the pivotal support level 0.8600 (which has been reversing the pair from the middle of July), which stopped the previous wave C. The support level 0.8600 was further […]

• EURGBP reversed from support level 0.8675 • Likely to rise to resistance level 0.8800 EURGBP currency pair recently reversed up from the key support level 0.8675 (previous monthly high from June), intersecting with the 61.8% Fibonacci correction of the upward impulse from August. The upward reversal from this support level 0.8675 stopped the earlier […]

• EURGBP reversed from long-term resistance level 0.9200 • Likely to fall to support level 0.8800 EURGBP falling after the pair reversed down from the powerful long-term resistance level 0.9200 (which has been reversing the price from the middle of 2020), standing far above the upper weekly Bollinger Band. The downward reversal from the resistance […]

• EURGBP reversed from key resistance level 0.8700 • Likely to fall to support level 0.8600 EURGBP currency pair recently reversed down precisely from the key resistance level 0.8700 (which stopped the previous sharp upward impulse wave (5) in the middle of June). The resistance area near the resistance level 0.8700 was strengthened by the […]

• EURGBP broke key resistance level 0.8510 • Likely to rise to resistance level 0.8585 EURGBP currency pair recently broke the resistance level 0.8510 (which stopped the pair earlier this month) intersecting with the 50% Fibonacci correction of the earlier downward correction from July. The breakout of the resistance level 0.8510 accelerated the active medium-term […]

• EURGBP broke key support level 0.8400 • Likely to fall to support level 0.8350 EURGBP currency pair recently broke the key support level 0.8400 (which has been reversing the pair from the middle of May) intersecting with the 61.8% Fibonacci correction of the upward price move from April. The breakout of the support level […]

• EURGBP reversed from support level 0.8425 • Likely to rise to resistance level 0.85000 EURGBP today recently reversed up with the daily Hammer from the key support level 0.8425 (which has been reversing the pair from May), intersecting with the lower daily Bollinger Band and the 61.8% Fibonacci correction of the upward impulse from […]

• EURGBP broke key support level 0.8500 50• Likely to fall to support level 0.8430 EURGBP currency pair recently broke the key support level 0.8500 (which stopped the previous waves a and (4), as can be seen below). The breakout of the support level 0.8500 coincided with the breakout of the 50% Fibonacci correction of […]

• EURGBP reversed from resistance level 0.8590• Likely to fall to support level 0.8450 EURGBP currency pair recently reversed down from the key resistance level 0.8590 (which has been reversing the price from last November) strengthened by the upper daily Bollinger Band. The downward reversal from the resistance level 0.8590 is currently forming the daily […]