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EURGBP and GBPJPY Analysis With Harmonic And Breakout Patterns
EURGBP and GBPJPY Analysis With Harmonic And Breakout Patterns
Economic Calendar:
Monday: UK Halifax Price Index
Tuesday: German Industrial Production, UK Labor Productivity
Thursday: UK GDP, Industrial Production, Manufacturing Production
Friday: German CPI
EURGBP Technical Overview:
Important Note: New patterns may appear and some emerging patterns may become invalidated. We publish our live charts D1 H4 H1 and M30 with updates and entry alerts. – Members Only –
Pair is under bearish pressure and throwbacks can be used as a selling opportunity.
Trade Opportunities:
Add Short at the breakout of the trend line 0.88500.
Short the Potential Bearish Three Drives: 0.89700
Near Term Targets: 0.88200 0.87900 0.87500
Intraday Resistance Breakout to buy: 0.89800
Detailed Video with H1 And Daily Charts:
GBPJPY Technical Overview:
H1 Chart:
Trade Opportunities:
Wait for the TP3 132.500 and add long at the breakout of 132.000 for TP3 And TP4.
Bearish Cypher to short for scalping.
H4 Chart:
Cup & Handle Pattern:
Long the breakout of the neckline at 135.700. Targets : 137.500 138.800 140.400
Watch the details in the video:
VERIFIED ACCOUNT AND SETUP RESULTS
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DISCLAIMER: This is a technical analysis study, not advice or recommendation to invest money
EURGBP and GBPJPY Forecast: Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these securities. You should do your own thorough research before making any investment decisions. Chartreaderpro does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Forex involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility