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...

EURGBP : Will the Pair Bounce Higher?

by elliottwave-forecast.com | March 31, 2020 4:06 pm
EURGBP Technical Analysis March 30/2020 EURGBP : There are clear visible bullish market patterns on the 1 hour chart but traders will still need to wait for more confirmation that a bottom will form and for price...

EURGBP Elliott Wave: Pair May Find Buyers Soon

by elliottwave-forecast.com | March 30, 2020 4:18 pm
Bank of England (BOE) decided to leave interest rate unchanged at a record low of 0.1% last week. This allows EURGBP to correct from seven month highs. After reaching the high at 0.95, EURGBP pulled back to...

$EURGBP FX Pair Longer Term Cycles and Elliott Wave

by elliottwave-forecast.com | February 12, 2020 4:03 pm
$EURGBP FX Pair Longer Term Cycles and 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...

Elliott Wave Analysis: Trading EURGBP with Right Side System

by elliottwave-forecast.com | March 12, 2019 5:20 pm
In this blog, I want to share with you some Elliott Wave charts of EURGBP which we presented to our members recently. You see the 1-hour updated chart presented to our clients on the 03/09/19. The higher degree trend of...

Elliott Wave View: Downside Pressure in EURGBP

by elliottwave-forecast.com | February 26, 2019 9:36 pm
EURGBP shows a sequence of lower low from August 29, 2017 high, suggesting further downside is likely. The bounce to 0.9105 on January 3, 2019 high ended wave (2). From there, pair declines as a double three...