Languages

website utilities


Follow us:
+1 (646) 48 000 22 (New York, USA)

Trend Hunter performance since 2015 for this symbol

You are not logged in, you need subscription to view up-to-date forecasts, please Login if you have already subscribed, otherwise please Subscribe
You can still continue browsing delayed forecasts on the sidebar list.
Weekly forecast Euro vs. British Pound technical chart
Symbol EURGBP

Download MT4 template file

Trading suggestion:

  • By appearing primary signs of entering the market, new entry zone and short-term targets would be published.

DateSat, 05/18/2019 - 13:16
Currentuptrend
Forecastcontinuation of uptrend
Last weekBullish

Midterm forecast:

  • While the price is above the support 0.8685, continuation of uptrend is expected.
  • We make sure when the resistance at 0.9110 breaks.
  • If the support at 0.8685 is broken, the short-term forecast -continuation of uptrend- will be invalid.

Technical analysis:

  • While the RSI downtrend #1 is not broken, bearish wave in price would continue.
  • A trough is formed in daily chart at 0.8490 on 05/06/2019, so more gains to resistance(s) 0.8795, 0.8850, 0.8895 and maximum to Major Resistance (0.9110) is expected.
  • Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
  • Relative strength index (RSI) is 70.

Supports and Resistances:

  1. 0.9305
  2. 0.9150
  3. 0.9005
  4. 0.8965
  5. 0.8930
  6. 0.8895
  7. 0.8850
  8. 0.8795
  9. 0.8725
  10. 0.8685
  11. 0.8620
  12. 0.8530
  13. 0.8400
  14. 0.8120
  15. 0.7840
  16. 0.7495
  17. 0.6935
Click on the level to view price action history.

Symbol Released Current Forecast
Euro vs. British Pound (EURGBP) new Sat, 14 Sep 2019
Euro vs. British Pound (EURGBP) Sat, 7 Sep 2019
Euro vs. British Pound (EURGBP) Sat, 31 Aug 2019
Euro vs. British Pound (EURGBP) Sat, 24 Aug 2019
Euro vs. British Pound (EURGBP) Sat, 17 Aug 2019