GBPUSD vs. EURGBP DECEMBER 2022

 GBPUSD vs. EURGBP

EURGBP/CHUNNEL ANALYSIS JUNE 2021

01-JUN-2021

EURGBP/CHUNNEL ANALYSIS MAY 2021

PREVIOUS ANALYSIS

https://rajtechanalysis.blogspot.com/2021/04/eurgbpchunnel-analysis-april-2021.html

30-MAY-2021

21-MAY-2021

16-MAY-2021

USD PAIRS AT A GLANCE APRIL 2021

 01-APR-2021 ALL USD PAIRS, DXY, EURGBP

At a glance,

xxxusd nearing bottom or bottom is already in.

usdxxx nearing top or already top is in.

Let us see how the market is going to drive.

EURGBP/CHUNNEL ANALYSIS APRIL 2021

22-APR-2021

01-APR-2021 

No changes with my previous analysis.

https://rajtechanalysis.blogspot.com/2021/03/eurgbp-analysis-march-2021.html

EURGBP/CHUNNEL ANALYSIS MARCH 2021

28-MAR-2021

20-MAR-2021

More downside left medium term.

10-MAR-2021

Still more downside left.

ANALYSIS 01-MAR-2021

CMP: 0.8631; SUP: 08534; RES: 0.8894

EURGBP reached min target for this down move at 0.8603-0.8559-0.8540.

Now, if 0.8531 hold supports, we can see some upmove towards 0.87, 0.8775, 0.8850.

NOTE: Downside min tgt done. Normal targets and extensions can be 0.8531-0.8468-0.8367, .8266, 0.8217, 0.7915...

EURGBP Analysis January 2021

ANALYSIS 29-Jan-2021

MULTI TIMEFRAME ANALYSIS of EURGBP

ANALYSIS 26-Jan-2021

CMP: 0.8885; RES: 0.9083/0.9228/0.9293
As long as the above resistances hold, we will see 0.8798-0.8786, 0.8716-0.8696, 0.8466, 0.8271.

ANALYSIS 22-Jan-2021

CMP 0.8879; SUP: 0.8829; RES: 0.9085

If EURGBP Supported by 0.8829, we can see some corrective rally towards 0.8956-0.8986.

NOTE: Long term still I am bearish as long as 0.9085 holds resistance.

Analysis 20-Jan-2021

EURGBP 0.9031 to 0.8855.

EURGBP is going as per the analysis.

Analysis 15-Jan-2021

CMP: 0.8878; RES: 0.9037

As long as 0.9037 resists, we can see 0.8874-0.8852.

Best Sell Entry: 0.8922-0.8950

Downside targets: 0.8874-0.8852, 0.8840-0.8821, 0.8808-0.8788

Analysis 13-Jan-2021

CMP: 0.8902; RES: 0.8991/0.9085; SUP: 0.8857

As long as the above resistances hold, we will see 0.8807, 0.8743. 

 

Analysis 11-Jan-2021

Latest view.

Analysis 06-Jan-2021

CMP: 0.9031; Res: 0.9228; Sup: 0.8931
Small Res: 0.9055. If this resistance holds, we can some down move towards 0.9001 and can take support of the trendline to reverse back to 0.9055, 0.9080, 0.9115, 0.9141

My Long Term view still bearish.
Sellers SL 0.9231
Best sell entry between 0.9141-0.9200.

Analysis 02-Jan-2021

CMP: 0.8937; Res: 0.9093/0.9229/0.9291; Sup: 0.8267

Based on the Weekly Chart,
EURGBP is trading in a bigger triangle as wave 4.
As per my view, as long as 0.9289/91 resists, we will see bigger fall towards 0.7949-0.7828.

Based on H4 chart, If EG resisted by 0.9093/0.9229/0.9291, we can expect 0.8798 first and further 0.8696. Immediate support is seen at 0.8855.

 

EURGBP Analysis Feb 2020

19-Feb-2020

Buyers Max SL 0.8275

09-Feb-2020

CMP: 0.8496; Res: 0.8538; Sup: 0.8434/0.8387

Primary View:
As long as 0.8595/0.9020 holds resistance, still more down side left.
Downside targets are: 0.8233-0.8167, 0.7975-0.7877.
Sellers SL 0.8595 max.

Alternate View:
If the above supports hold, we can see 0.8538 again and further 0.8582-0.8585, 0.8702-0.8776, 0.8897-0.8943.
Break of 0.8397, we can see more fall.
Buyers SL 0.8387 max.

07-Feb-2020

CMP; 0.8486; Sup: 0.8434/0.8389
As long as the above supports hold, we can see 0.8582-0.8628, 0.8702-0.8777, 0.8897-0.8943...

EURGBP: Will Supports hold? 30-Jan-2020

CMP: 0.8423; Res: 0.8595; Sup: 0.8385/0.8275
If supports, hold, we can see 0.8595 again and further 0.8702-0.8776.

EURGBP: Trade Idea 28-Jan-2020

CMP: 0.8453; Sup: 0.8409/0.8387; Res; 0.8449
If 0.8408 holds support, we can see 0.8471-0.8486 first and further 0.8509-0.8518...
Buyers SL strict to 0.8431/0.8405 max.

EURGBP: Short Term Bull? 27-Jan-2020

CMP: 0.8445; Sup: 0.8389/0.8277
As long as the above levels support and a break of 0.8589, we can see 0.8677-0.8702, 0.8776-0.8822, 0.8897-0.8943...

EURGBP: Last down move pending? 23-Jan-2020

CMP: 0.8443; Res: 0.84890.8555//0.8593

Bearish Scenario:

As long as the above resistances hold, we can see another drop towards 0.8405-0.8365 before rise.
Now, expecting a correction as wave iv which will consume time.

Strategy: Sell on Rise with max SL 0.8489.

Bullish Scenario:

CMP: 0.8442; Sup: 0.8421/0.8277

If 0.8424 is the end of down move, we will be in bull short term.
For any buy SL 0.8421/0.8275 positional. Best buy can be as per the Bearish Scenario.

Strategy: Buy on Dips.
Upside  TGTs: 0.8590, 0.8730, 0.8810
Small targets: 0.8544, 0.890, 0.8619, 0.8665...

In both Scenario, I expect up move and min tgt 0.8590.

FX: EURGBP: Down move going to end soon?

CMP: 8485; Res: 0.8593; Sup: 0.8277
As per my previous analysis, down side target intitial tgt done and nearing min tgt (0.8472-0.8454-0.8421), extension can be 0.8397.
Extensions can be 0.8472-0.8454-0.8421.

Positive Divergences in 30M chart.

FX: EURGBP - Trade Ideas

21-Jan-2020 

CMP: 0.8524; Res: 0.8555/0.8577/0.8595; Sup: 0.8488
As long as 0.8555 resists, we will see 0.8488-0.8472 again.
Further targets: 0.8454-0.8421(ultimate), 0.8397-0.8369...
Sellers SL 0.8555 max.

EURGBP: Can we see down side correction? 20-Jan-2020

CMP: 0.8540; Res: 0.8578/0.8595
As long as the above levels resist, we can see 0.8455-0.8450.
Further targets: 0.8435-0.8421, 0.8397, 08369.
Above 0.8595 bullish. Below 0.8277 bearish.

EURGBP: Looks bearish as a complex correction 18-Jan-2020

CMP: 0.8522; Res: 0.8589/0.8600; Sup: 0.8455

If EURGBP successfully break the trend line and a move below 0.8455, can lead to 0.8435-.08421 initially and further 0.8397, 0.8367.

Base support: 0.8277.

EURGBP: Bull/Bear? 14-Jan-2020

CMP: 0.8571; Res: 0.8582/0.8592; Sup: 0.8277
As long as 0.8589/0.8593 resists, we will see 0.8479 again and further 0.8441-0.8435, 0.8408-0.8397...

EURGBP: More upside left 13-Jan-2020

CMP: 0.8564; Res: 0.8592/0.9324; Sup: 0.8451/0.8277
As long 0.8277 supports and a break of 0.8592, we can see 0.8646 first and further 0.8766-0.8840.
Other tragets: 0.8886-0.8924, 0.8961-0.9017...

EURGBP Analysis 02-Jan-2019

EURGBP 02-Jan-2019

CMP: 0.8989
Res: 0.9397/0.9307/0.9099/0.9087
Sup: 0.8656/0.8305/0.6936

Based on Weekly Chart,
As long as the above resistances hold, we can see 0.8656 again and further 0.8476, 0.8372-0.8307, 0.7930, 0.7761.

FOREX: GBPUSD, EURGBP Positional Analysis 30-Nov-2017

EURGBP 30-Nov-2017

CMP 0.8811
Res: 0.8989/0.9000/0.9013/0.9034
Sup: 0.8776/0.8763/0.8734

If EURGBP supported by the above supports, we can see 0.8832/0.8867/0.8894/ [0.8922-0.8943-0.8957 important level], 0.8987.

And any reversal from the above resistances, we will see 0.8746-0.8735 first and
further [0.8476], 0.8400, 0.8305, [0.8132], 0.7917, [0.7843], 0.7733, [0.7630], 0.7572.
Previous Analysis: http://rajtechnicalanalysis.blogspot.in/2017/11/forex-eurgbp-analayis-21-nov-2017.html


GBPUSD 30-Nov-2017
CMP: 1.3487
Res: 1.3582(89)/1.3654(55)
Sup: 1.3027(21)/1.1864(55)

If GBPUSD resisted by the above resistances, we will see 3027 first and further 1.2922, 1.2539, 1.1915, 1.1864.