#EURGBP
πNew forecast
The market in the descending channel and now price is pulling back towards the resistance again after testing the support level and impulse leg down. The price is near the the resistance zone and trendline. I look forward a pullback to support from resistance because price made a fake break. I think price will go down because the main trend is bearish . My goal is to support at 0.87650
βββββββββ
My past forecasts on EURGBP π©βπ»
β1EURGBP +57pβ
β2EURGBP +31pβ
β3EURGBP+135pβ
β4EURGBP+101pβ
β5EURGBP+140pβ
β6EURGBP -56pβ
β7EURGBP +67pβ
πNew forecast
The market in the descending channel and now price is pulling back towards the resistance again after testing the support level and impulse leg down. The price is near the the resistance zone and trendline. I look forward a pullback to support from resistance because price made a fake break. I think price will go down because the main trend is bearish . My goal is to support at 0.87650
βββββββββ
My past forecasts on EURGBP π©βπ»
β1EURGBP +57pβ
β2EURGBP +31pβ
β3EURGBP+135pβ
β4EURGBP+101pβ
β5EURGBP+140pβ
β6EURGBP -56pβ
β7EURGBP +67pβ
#EURGBP
πNew forecast
The market reached main strong support on the daily timeframe and it bounced off it. Price is in the descending channel and it is in oversold area. Price action rejected this level multiple times before because the market is ranging on the daily timeframe. I expect the price goes to resistance from support. My goal is resistance at 0.87640
βββββββββ
My past forecasts on EURGBP π©βπ»
β1EURGBP +57pβ
β2EURGBP +31pβ
β3EURGBP+135pβ
β4EURGBP+101pβ
β5EURGBP+140pβ
β6EURGBP -56pβ
β7EURGBP +67pβ
πNew forecast
The market reached main strong support on the daily timeframe and it bounced off it. Price is in the descending channel and it is in oversold area. Price action rejected this level multiple times before because the market is ranging on the daily timeframe. I expect the price goes to resistance from support. My goal is resistance at 0.87640
βββββββββ
My past forecasts on EURGBP π©βπ»
β1EURGBP +57pβ
β2EURGBP +31pβ
β3EURGBP+135pβ
β4EURGBP+101pβ
β5EURGBP+140pβ
β6EURGBP -56pβ
β7EURGBP +67pβ
#EURGBP
πNew forecast
The market in the descending channel and now price is pulling back towards the resistance again after testing the support level and impulse leg down. The price is near the the resistance zone and upward trendline. I look forward a fake break at swing zone for confirmation to short. I think price will go down because the main trend is bearish. My goal is to support at 0.85715
πNew forecast
The market in the descending channel and now price is pulling back towards the resistance again after testing the support level and impulse leg down. The price is near the the resistance zone and upward trendline. I look forward a fake break at swing zone for confirmation to short. I think price will go down because the main trend is bearish. My goal is to support at 0.85715
#EURGBP
πNew forecast
The price perfectly fulfills my last idea. The price reached the targeted support level. The market bounced off main support, and it updated swing highs and higher lows. Price action basically forms a small range, which causes a price squeeze and it will lead to extension. The price created a double bottom at support level as well as channel boundary. I expect the price to go to resistance and breakout the downward trendline. My goal is resistance at 0.86250
πNew forecast
The price perfectly fulfills my last idea. The price reached the targeted support level. The market bounced off main support, and it updated swing highs and higher lows. Price action basically forms a small range, which causes a price squeeze and it will lead to extension. The price created a double bottom at support level as well as channel boundary. I expect the price to go to resistance and breakout the downward trendline. My goal is resistance at 0.86250
#EURGBP
πNew forecast
The market reached main support and it formed a range. Price could not update its lows. Instead it created a strong divergence at support level . As you can see it made impulse move down then rejected the support and made impulse move up. I expect the price goes to resistance and beakout of the channel. I think price may go to resistance level which is 50% of the bearish move. My goal is resistance at 0.85830
πNew forecast
The market reached main support and it formed a range. Price could not update its lows. Instead it created a strong divergence at support level . As you can see it made impulse move down then rejected the support and made impulse move up. I expect the price goes to resistance and beakout of the channel. I think price may go to resistance level which is 50% of the bearish move. My goal is resistance at 0.85830
#EURGBP
πNew forecast
The price perfectly fulfills my last idea. The price reached the targeted support level. The market bounced off main resistance forming double top, and it updated swing lows but could not update its highs. Price action is basically ranging on the 4H timeframe, the price moves from between support and resistance. I expect the price to go to support because it broke the upward channel and upper border of the range has been tested. My goal is support at 0.85387
πNew forecast
The price perfectly fulfills my last idea. The price reached the targeted support level. The market bounced off main resistance forming double top, and it updated swing lows but could not update its highs. Price action is basically ranging on the 4H timeframe, the price moves from between support and resistance. I expect the price to go to support because it broke the upward channel and upper border of the range has been tested. My goal is support at 0.85387
#EURGBP
πNew forecast
The price perfectly fulfills my last idea. The price reached the targeted level. The market in the descending channel and now price is pulling back towards the resistance again after testing the support level and impulse leg down. I look forward a fake break at resistance zone for confirmation to short. I think price will go down after grabbing the liquidity above the recent resistance and the main trend is bearish. My goal is to support at 0.85650
πNew forecast
The price perfectly fulfills my last idea. The price reached the targeted level. The market in the descending channel and now price is pulling back towards the resistance again after testing the support level and impulse leg down. I look forward a fake break at resistance zone for confirmation to short. I think price will go down after grabbing the liquidity above the recent resistance and the main trend is bearish. My goal is to support at 0.85650
#EURGBP
πNew forecast
The price perfectly fulfills my last idea. The price reached the targeted level. The market bounced off main support, and it updated swing highs and higher lows. The price has reached the daily resistance zone. I think the market weill go above the 0.87000 resistance to grab some liquidity to move lower. I expect the price to go to resistance and form some rejection. My goal is resistance at 0.86623
βββββββββ
My past forecasts on EURGBP π©βπ»
β1EURGBP +27pβ
β2EURGBP +35pβ
β3EURGBP +52pβ
πNew forecast
The price perfectly fulfills my last idea. The price reached the targeted level. The market bounced off main support, and it updated swing highs and higher lows. The price has reached the daily resistance zone. I think the market weill go above the 0.87000 resistance to grab some liquidity to move lower. I expect the price to go to resistance and form some rejection. My goal is resistance at 0.86623
βββββββββ
My past forecasts on EURGBP π©βπ»
β1EURGBP +27pβ
β2EURGBP +35pβ
β3EURGBP +52pβ
#EURGBP
πNew forecast
The price perfectly fulfills my last idea. The price reached the targeted level. The market in the downward channel and the price made retracement towards the resistance again after bouncing off the support level and impulse leg down. I look forward a fake breakout of the resistance zone for confirmation to short the market. I think price will go down after fake breakout by grabbing the liquidity above the recent resistance. My goal is to support at 0.86860
βββββββββ
My past forecasts on EURGBP π©βπ»
β1EURGBP +27pβ
β2EURGBP +35pβ
β3EURGBP +52pβ
β4EURGBP +40pβ
πNew forecast
The price perfectly fulfills my last idea. The price reached the targeted level. The market in the downward channel and the price made retracement towards the resistance again after bouncing off the support level and impulse leg down. I look forward a fake breakout of the resistance zone for confirmation to short the market. I think price will go down after fake breakout by grabbing the liquidity above the recent resistance. My goal is to support at 0.86860
βββββββββ
My past forecasts on EURGBP π©βπ»
β1EURGBP +27pβ
β2EURGBP +35pβ
β3EURGBP +52pβ
β4EURGBP +40pβ
#EURGBP
πNew forecast
The market bounced off main support, and it updated swing highs and higher lows.π It broke through the downward channel. γ½οΈThe price has reached the resistance zone on the daily timeframe. Additionally, the major trend is bearish. π»
I think the market may go above the 0.85500 resistance level to grab πͺ some liquidity to move lower, bouncing off the upward trendline. I expect the price to go to resistance if the price presents rejection candles. π―
π―My goal is the support level at 0.85350
βββββββββ
My past forecasts on EURGBP π©βπ»
β1EURGBP +27pβ
β2EURGBP +35pβ
β3EURGBP +52pβ
β4EURGBP +40pβ
β5EURGBP -23pβ
πNew forecast
The market bounced off main support, and it updated swing highs and higher lows.π It broke through the downward channel. γ½οΈThe price has reached the resistance zone on the daily timeframe. Additionally, the major trend is bearish. π»
I think the market may go above the 0.85500 resistance level to grab πͺ some liquidity to move lower, bouncing off the upward trendline. I expect the price to go to resistance if the price presents rejection candles. π―
π―My goal is the support level at 0.85350
βββββββββ
My past forecasts on EURGBP π©βπ»
β1EURGBP +27pβ
β2EURGBP +35pβ
β3EURGBP +52pβ
β4EURGBP +40pβ
β5EURGBP -23pβ
Hello friendsβ€οΈ
#EURGBP
πNew forecast
The price perfectly fulfilled my last idea.π It hit the target. EURGBP is currently trading within a descending channel, and π after testing the support level and making π an impulse leg down, the price has pulled back towards the resistance zone and trendline. π
I believe that given the π» bearish major trend on the daily timeframe, it's likely that the market will continue to move downward. β€΅οΈ The price is currently near the resistance zone and trendline, which suggests that it may struggle to break through these levels and maintain its downward momentum. π»
π―My goal is to support at 0.84200
βββββββββ
My past forecasts on EURGBP π©βπ»
β1EURGBP +27pβ
β2EURGBP +35pβ
β3EURGBP +52pβ
β4EURGBP +40pβ
β5EURGBP -23pβ
β6EURGBP +19pβ
#EURGBP
πNew forecast
The price perfectly fulfilled my last idea.π It hit the target. EURGBP is currently trading within a descending channel, and π after testing the support level and making π an impulse leg down, the price has pulled back towards the resistance zone and trendline. π
I believe that given the π» bearish major trend on the daily timeframe, it's likely that the market will continue to move downward. β€΅οΈ The price is currently near the resistance zone and trendline, which suggests that it may struggle to break through these levels and maintain its downward momentum. π»
π―My goal is to support at 0.84200
βββββββββ
My past forecasts on EURGBP π©βπ»
β1EURGBP +27pβ
β2EURGBP +35pβ
β3EURGBP +52pβ
β4EURGBP +40pβ
β5EURGBP -23pβ
β6EURGBP +19pβ
TradingView
Lingrid | EURGBP bearish TREND. Short for FX:EURGBP by Lingrid
The price perfectly fulfilled my last idea. It hit the target. FX:EURGBP is currently trading within a descending channel, and after testing the support level and making an impulse leg down, the price has pulled back towards the resistance zone and trendline.β¦