EURGBP Should Resume Bearish Trend Soon

by elliottwave-forecast.com | April 26, 2021 3:38 pm
Since earlier this year, EURGBP  has been trending lower due to the risk of Brexit off the table and optimism of UK’s vaccination program. We forecasted the move lower in EURGBP in our article on January 19...

The $EURGBP Longer Term Cycles & Elliott Wave

by elliottwave-forecast.com | March 2, 2021 4:09 pm
The $EURGBP Longer Term Cycles & Elliott Wave Firstly as seen on the monthly chart below there is data back to January 1975 in the pair. The EUR part being derived from the German Deutsche Mark up until...

Pound Sterling Gains as UK Accelerated Vaccine Programme

by elliottwave-forecast.com | January 19, 2021 4:22 pm
Pound sterling continues to gain against other major currencies as the risk of a hard Brexit is now off-table. Last week, the currency also got a boost after Bank of England ruled out negative interest rate anytime...

EURGBP : Using Market Patterns to Trade the Move Higher

by elliottwave-forecast.com | September 14, 2020 3:45 pm
On September 3 2020 I posted on social media Stocktwits/Twitter @AidanFX  “LONGSIDE EURGBP”. The chart below was also posted September 3 2020 showing that bullish market patterns were visible on the 4 hour chart calling for a move...

EURGBP Blue Box Provides Another Buying Opportunity

by elliottwave-forecast.com | September 9, 2020 3:23 pm
In this technical blog, we are going to take a look at the past performance of EURGBP 4-Hour Elliott wave Charts that we presented to our members. In which, the rally from April 2020 low showed an impulse structure with the...

EURGBP Forecasting The Rally After Zig-Zag Pullback

by elliottwave-forecast.com | July 14, 2020 3:52 pm
In this blog, we are going to take a look at the Elliott Wave chart of EURGBP.  The 1 hour NY Midday chart update from July 6 shows that the pair has ended the cycle from April...

Pound Sterling Gains from Positive Brexit Headlines

by elliottwave-forecast.com | July 13, 2020 3:42 pm
British Pound Sterling gained last week against major currencies as positive headlines on Brexit negotiations start to trickle. The chart below shows the gain of Pound Sterling against some major currencies: One of the positive developments came...

Bullish Sequence in EURGBP Favors More Upside

by elliottwave-forecast.com | June 22, 2020 4:10 pm
Pound Sterling declined against a basket of currencies last week after a series of negative news. First of all, Bank of England (BOE) decided to increase quantitative easing by £100BN, putting pressure to Pound Sterling. Secondly, the deadlock...

$EURGBP FX Pair Elliott Wave and Longer Term Cycles

by elliottwave-forecast.com | May 20, 2020 4:39 pm
$EURGBP FX Pair Elliott Wave and Longer Term Cycles Firstly as seen on the monthly chart below there is data back to January 1975 in the pair. The EUR part being derived from the German Deutsche Mark up...

EURGBP : Market Patterns Calling the Move Higher

by elliottwave-forecast.com | May 18, 2020 3:25 pm
EURGBP Technical Analysis On May 5/2020 I posted on social media (Stocktwits/Twitter) @AidanFX  “$EURGBP will be watching for possible buying opportunities.” EURGBP 1 Hour Chart May 8.2020 : The charts below was also posted on social media (StockTwits/Twitter) @AidanFX...