EURGBP Technical Overview and Trade Opportunities

EURGBP Technical Overview and Trade Opportunities

Economic Calendar related to EURGBP
Germany CPI
ECB Monetary Policy Minutes

M30 Chart:

Symmetrical Triangle
The target of the pattern: 18 Pips
Stop: 6-7 pips
Bullish Breakout: 0.90010
Bearish Breakout: 0.89900 / Reached

Update: Short reached The Target. Now we focus on Trendline Breakout.

M30 Chart:

Trendline breakout: 0.89700
TP1: 0.89600
TP2: 0.89340

M15 CHART

Bullish Bat Scalping
Entry: 0.89620
Stop: 0.8950
TP1: 0.89700
TP2: 0.89820

Daily Closing Below 0.89500 near term trend change level. 0.89260 and 0.89110 will be the targets.

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DISCLAIMER: This is a technical analysis study, not advice or recommendation to invest money

EURGBP: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