EUR/GBP

Jul 05, 2016 at 10:14
31,190 Views
1,259 Replies
Member Since Apr 09, 2014   832 posts
Dec 19, 2016 at 09:25
Eur/Gbp is bouncing within the range, the pair seems have lost its directional strength.
Member Since Dec 11, 2015   1462 posts
Dec 19, 2016 at 11:50
Most currency pairs will be relatively directionless around the holidays.
Member Since Sep 12, 2015   1933 posts
Dec 19, 2016 at 16:04
Looks like a roll over coming into London close , apart from that range bounding as Traders look forward to the holidays and their bonus.
"They mistook leverage with genius".
Member Since Dec 11, 2015   1462 posts
Dec 20, 2016 at 11:37
It’s like that every year. It’s hard to find good signals in such a range-bound market.
Member Since Sep 12, 2015   1933 posts
Dec 20, 2016 at 17:43
All one can do is keep an eye on the tops and bottoms and wait for a break out , check it against GBP/CHF
"They mistook leverage with genius".
Member Since May 22, 2016   12 posts
Dec 21, 2016 at 08:00
Still Bullish against 8304
Member Since Dec 11, 2015   1462 posts
Dec 21, 2016 at 11:49
snapdragon1970 posted:
All one can do is keep an eye on the tops and bottoms and wait for a break out , check it against GBP/CHF


Thanks for the advice, that’s the only prudent thing we can do.
I just closed my long at 0.8430.
Member Since Aug 10, 2015   44 posts
Dec 22, 2016 at 13:07
Strong support can be at 0.8413. The bullish sentiment continues but the pair is entering the overbought area.
Member Since May 22, 2016   12 posts
Dec 22, 2016 at 14:53
New high 8488 today...still bullish...

Bearish only if pierce back to below 8432
samusa
forex_trader_353296
Member Since Aug 19, 2016   16 posts
Dec 22, 2016 at 15:03
lee42747 posted:
Strong support can be at 0.8413. The bullish sentiment continues but the pair is entering the overbought area.



Oh yeah!
Member Since Sep 12, 2015   1933 posts
Dec 22, 2016 at 18:19
Eur/Usd 3pm was the move higher ,looks bearish now although the trend is pointing up,well aware that the last spike didnt break 1.05000 level,possible that we could re visit that level and knock it out,that would be somewhere I would think of going short. I think the same with euro pound knock out at 8500.
"They mistook leverage with genius".
Member Since Dec 11, 2015   1462 posts
Dec 23, 2016 at 11:47 (edited Dec 23, 2016 at 11:47)
No more trading for me today, I closed all my positions. Happy Holidays, @snapdragon1970 .
Member Since Sep 12, 2015   1933 posts
Dec 23, 2016 at 15:31
Happy Holidays mlawson71,hope you have a great break,see you in 2017.
"They mistook leverage with genius".
Member Since May 22, 2016   12 posts
Dec 25, 2016 at 08:17
More upside for EURGBP as long price does not dip below 8432.

Long @8406 TP 8572 SL 8304 still in play
Member Since May 22, 2016   12 posts
Dec 25, 2016 at 08:23
New High of Day. No sign of pullback yet.
Member Since Sep 28, 2015   34 posts
Dec 25, 2016 at 16:55 (edited Dec 25, 2016 at 16:57)
EUR/GBP 0.8470 was cleared passed and upside momentum is turning positive as long as above it. But the key level at 0.8572 to 0.8660 still waiting to clear for convincing bullish confirmation.
Fundamentally uncertainties are there and January is very critical month to decide its trend.
Member Since Dec 11, 2015   1462 posts
Dec 26, 2016 at 12:02
I wouldn’t expect any major movements until the end of the holidays.
Member Since May 22, 2016   12 posts
Dec 28, 2016 at 07:54
Another new High. Moving to 8572 soon
Member Since Dec 11, 2015   1462 posts
Dec 28, 2016 at 11:59
It might even reach 0.8600.
Member Since Sep 12, 2015   1933 posts
Dec 28, 2016 at 13:23
Euro weakness,its fallen off a cliff against the dollar,keep an eye on gbp/chf for opposite move to eur/gbp.
"They mistook leverage with genius".
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