Tag: EURGBP

May 12
EURGBP Wave Analysis – 12 May, 2022

• EURGBP reversed from resistnace area• Likely to fall to support level 0.8450 EURGBP currency pair recently reversed down from the resistnace area located between the key resistnace level 0.8590 (which has been reversing the pair from November), upper dialy Bollinger Band and the upper trendline of the daily up channel from March. The downard […]

Apr 29
EURGBP Wave Analysis – 29 April, 2022

• EURGBP reversed from resistance zone• Likely to fall to support level 0.8310 EURGBP currency pair recently reversed down from the resistance area located between the pivotal resistance level 0.8465 (which has been reversing the price from December), upper daily Bollinger Band and the resistance trendline of the down channel from last year. This resistance […]

Mar 31
EURGBP Wave Analysis – 31 March, 2022

• EURGBP reversed from resistance level 0.8480• Likely to fall to support level 0.8400 EURGBP currency pair recently reversed down sharply from the strong resistance level 0.8480 (the previous monthly high from February). The resistance area near the resistance level 0.8480 was strengthened by the upper daily Bollinger Band, the daily down channel from May, […]

Mar 15
EURGBP Wave Analysis – 15 March, 2022

• EURGBP reversed from resistance level 0.8450• Likely to fall to support level 0.8360 EURGBP recently reversed down from the key resistance level 0.8450 (which has been reversing the price from the start of February). The resistance zone near the resistance level 0.8450 was strengthened by the upper daily Bollinger Band, resistance trendline of the […]

Feb 23
EURGBP Wave Analysis – 23 February, 2022

• EURGBP reversed from support area • Likely to rise to resistance level 0.8400 EURGBP currency pair recently reversed up from the support area located between the key support level 0.8310 (which has been reversing the pair from the start of January) and the lower daily Bollinger Band. The upward reversal from this support area […]

Feb 17
EURGBP Wave Analysis – 17 February, 2022

• EURGBP broke support level 0.8350 • Likely to fall to support level 0.8285 EURGBP currency pair recently broke the key support level 0.8350 (low of the previous wave A), intersecting with the 61.8% Fibonacci correction of the previous wave (1). The breakout of the resistance level 0.8350 should accelerate the active short-term ABC correction […]

Feb 12
EURGBP Wave Analysis – 11 February, 2022

• EURGBP reversed from resistance zone • Likely to fall to support level 0.8320 EURGBP currency pair recently reversed down from the resistance zone lying between the key resistance level 0.8460 (former support from December), upper daily Bollinger Band and the 61.8% Fibonacci correction of the downward impulse from December. The downward reversal from this […]

Jan 24
EURGBP Wave Analysis – 24 January, 2022

• EURGBP reversed from long-term support level 0.835 • Likely to rise to resistance level 0.6800 EURGBP currency pair recently reversed up from the long-term support level 0.835 (which has been steadily reversing the pair from 2016), strengthened by the lower weekly Bollinger Band. The upward reversal from the support level 0.835 stopped the previous […]

Jan 06
EURGBP Wave Analysis – 31 December, 2021

• EURGBP reversed from support level 0.8380 • Likely to rise to resistance level 0.84543 EURGBP currency pair recently reversed up from the key support level 0.8380 (previous monthly low from November). The support zone near the support level 0.8380 was strengthened by the lower daily Bollinger Band and by the support trendline of the […]

Jan 05
EURGBP Wave Analysis – 4 January, 2022

• EURGBP broke support zone • Likely to fall to support level 0.8300 EURGBP currency pair recently broke the support zone lying at the intersection of the support level 0.8400 (previous monthly low from November) and the support trendline of the daily down channel from April. The breakout of this support zone accelerated the active […]