EUR/GBP: pound is talking to Indians

EUR/GBP: pound is talking to Indians

Recommendation:

SELL 0.8945

SL 0.9000

TP1 0.8845 TP2 0.8785 TP3 0.8745

On the daily chart, the inability of bulls to lead EUR/GBP outside of the long-term trading range of 0.87-0.902 points at their weakness. If bears manage to bring the pair to the middle of the consolidation range, a “Shakeout-Fakeout” pattern will be triggered. The chances of uptrend’s reversal will increase.

EURGBP daily.png 

On H1 of EUR/GBP, a combination of “Three Indians” and 1-2-3 gives a powerful signal about the potential reversal. To begin with, bears need to pull the pair below an important support of 0.8945.

EURGBP h1.png

Similar

Latest news

Deposit with your local payment systems

Learn more

Data collection notice

FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.

Callback

A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Next callback request for this phone number
will be available in 00:30:00

If you have an urgent issue please contact us via
Live chat

Internal error. Please try again later

Don’t waste your time – keep track of how NFP affects the US dollar and profit!

Beginner Forex book

Beginner Forex book will guide you through the world of trading.

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera