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...

Elliott Wave Analysis: More Downside Expected in EURGBP

by elliottwave-forecast.com | February 13, 2019 8:17 pm
Hello fellow traders. I want to share with you some Elliott Wave charts of EURGBP which we presented to our members at Elliott Wave Forecast. You see the 4-hour updated chart presented to our clients on the 01/26/19 below EURGBP unfolded as an...

EURGBP Channel Support (Mar 15, 2018)

by Kate Curtis | March 15, 2018 4:49 am
EURGBP is trending higher on its 4-hour time frame, moving inside an ascending channel and currently testing support. A bounce could take it back up to the resistance at the .9000 major psychological level. Stochastic is already...

EURGBP Descending Channel (Feb 09, 2018)

by Kate Curtis | February 9, 2018 5:25 am
EURGBP continues to trade lower as it bounced off the descending channel resistance on its 4-hour time frame. Price could keep dropping until the channel support around .8650, which might provide a countertrend opportunity. Stochastic is already...

EURGBP Channel Resistance (Jan 05, 2018)

by Kate Curtis | January 5, 2018 4:52 am
EURGBP is trending lower in a shallow descending channel visible on its 4-hour chart. Price is approaching the channel resistance at the .8950 minor psychological level and might be due for a bounce. The 100 SMA is...

EURGBP Channel Resistance (Dec 18, 2017)

by Kate Curtis | December 18, 2017 4:52 am
EURGBP has been trending lower on its 1-hour time frame, trading inside a new descending channel pattern. Price is currently testing the resistance and could be due for a drop to support. The resistance lines up with...