📈 EUR/GBP — Looking to Trade Higher
Between February and March, EUR/GBP built a solid base, leaving the market in a continuation pattern that looks distinctly bullish. #Traders
This setup points toward 0.8790 as the next targeted area.
Today’s swing Pivot Point sits at 0.8709, and as EU and UK markets open, I’d expect to see a rally from current levels.#TradingPsychology
All four moving averages, including the 200‑day, are clustered tightly between 0.8690 and 0.8703 — a zone that’s clearly well‑supported #priceaction
Buyers are likely to defend this area vigorously, and a push through 0.8712 should open the path higher for the coming week, #TradingStratedy
I’d only start to worry about long positions if we see a daily close below 0.8690 — then it’s time to reassess.
My Money, My Risk.
#EURGBP #Forex #FXAnalysis #TechnicalAnalysis
#CharmerTrading #CarolHarmer
Between February and March, EUR/GBP built a solid base, leaving the market in a continuation pattern that looks distinctly bullish. #Traders
This setup points toward 0.8790 as the next targeted area.
Today’s swing Pivot Point sits at 0.8709, and as EU and UK markets open, I’d expect to see a rally from current levels.#TradingPsychology
All four moving averages, including the 200‑day, are clustered tightly between 0.8690 and 0.8703 — a zone that’s clearly well‑supported #priceaction
Buyers are likely to defend this area vigorously, and a push through 0.8712 should open the path higher for the coming week, #TradingStratedy
I’d only start to worry about long positions if we see a daily close below 0.8690 — then it’s time to reassess.
My Money, My Risk.
#EURGBP #Forex #FXAnalysis #TechnicalAnalysis
#CharmerTrading #CarolHarmer
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Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.