• DAILY UPDATES
  • MARKETS
    • Forex
    • CFDs
    • Spot Metals
    • Indices
  • ANALYSIS
    • Fundamental Analysis
    • Technical Analysis
  • ARTICLES
No Result
View All Result
FTD Limited
  • DAILY UPDATES
  • MARKETS
    • Forex
    • CFDs
    • Spot Metals
    • Indices
  • ANALYSIS
    • Fundamental Analysis
    • Technical Analysis
  • ARTICLES
No Result
View All Result
FTD Limited
No Result
View All Result

Will History Repeat Itself for EURGBP?

November 13, 2020
in ANALYSIS, Forex, Technical Analysis
Reading Time: 1min read
A A
eurgbp technical analysis
0
SHARES
17
VIEWS
tweetpostshare
EURGBP and 0.8865 Support, MACD

EURGBP turns upwards from 0.8865 support which is holding since May. The last turn from this level was in September and MACD turned upside at the same time from the -0.0033 level. The same thing is happening again, price reversed from 0.8865 and MACD reversed form -0.0033. But will the result be the same? The biggest obstacle against this move is the upper band of the bearish channel which is also supported with 89 day moving average. If the price breaks this resistance level (0.9053) odd of 0.9292 will be a lot higher.

As long as 0.8865 holds, down moves will create buying opportunities. But, if this support breaks, the downside move may continue at the 0.87 level.

Tags: AnalysisEURGBPForexTechnical Analysis
TweetShareShareSend
Previous Post

DAX Index is Slowing Down Near 13300 Resistance

Next Post

Friday, November 13, 2020 Headlines

Related Posts

USDTRY is Pricing Above the Bullish Wedge Formation
MARKETS

USDTRY Outlook After the CBRT Decisions

USDJPY is Testing The 106.00 Resistance
MARKETS

USDJPY May be Getting Ready for a Bullish Turn

GBPUSD's technical analysis
MARKETS

GBPUSD Found Support from the 100-Day Moving Average

eurusd technical analysis
MARKETS

EURUSD Outlook Ahead of the US CPI Data

Nasdaq
MARKETS

A Possible Double Top for Nasdaq

Commitments of Traders Weekly Report
MARKETS

COT Weekly Non-Commercial Net Positions

Next Post
Trump's Defense Veto; Ant Group; UK's free trade deal with Turkey

Friday, November 13, 2020 Headlines

You might also like

USDTRY is Pricing Above the Bullish Wedge Formation

USDTRY Outlook After the CBRT Decisions

Tuesday, November 3, 2020 Headlines

Thursday, April 16, 2021 Headlines

USDJPY is Testing The 106.00 Resistance

USDJPY May be Getting Ready for a Bullish Turn

Tuesday, November 3, 2020 Headlines

Thursday, April 15, 2021 Headlines

GBPUSD's technical analysis

GBPUSD Found Support from the 100-Day Moving Average

Tuesday, November 3, 2020 Headlines

Wednesday, April 14, 2021 Headlines

Recent Posts

  • USDTRY Outlook After the CBRT Decisions
  • Thursday, April 16, 2021 Headlines
  • USDJPY May be Getting Ready for a Bullish Turn
  • Thursday, April 15, 2021 Headlines
  • GBPUSD Found Support from the 100-Day Moving Average
FTD Limited

The content of the site is presented for informational purposes only not to give any investment advice which mainly focuses on financial instruments such as Forex, Spot Metals, CFDs, and Indices.

MENU

  • DAILY UPDATES
  • MARKETS
  • ANALYSIS
  • ARTICLES

Latest Articles

  • USDTRY Outlook After the CBRT Decisions
  • Thursday, April 16, 2021 Headlines
  • USDJPY May be Getting Ready for a Bullish Turn

Subscribe to our newsletter and get notified about the next update.

    © 2020 FTD Limited

    FTD Articles is a website prepared by FTD Limited's research team. FTD Limited is an online brokerage company offering products of Forex, Spot Metals and CFDs.

    The ideas and the information shown here have no responsibility of any of the trading decisions made by the investors or the visitors of this site. Therefore, under no circumstances will FTD Limited nor FTD Articles be held responsible or liable in any way for any claims, damages, losses, costs or liabilities resulting or arising directly or indirectly from the use of website content. We recommend that you seek advice if you have not involved with trading before in order to prevent potential risks that may arise.

    No Result
    View All Result
    • DAILY UPDATES
    • MARKETS
      • Forex
      • CFDs
      • Spot Metals
      • Indices
    • ANALYSIS
      • Fundamental Analysis
      • Technical Analysis
    • ARTICLES

    © 2020 FTD Limited

    FTD Articles is a website prepared by FTD Limited's research team. FTD Limited is an online brokerage company offering products of Forex, Spot Metals and CFDs.

    The ideas and the information shown here have no responsibility of any of the trading decisions made by the investors or the visitors of this site. Therefore, under no circumstances will FTD Limited nor FTD Articles be held responsible or liable in any way for any claims, damages, losses, costs or liabilities resulting or arising directly or indirectly from the use of website content. We recommend that you seek advice if you have not involved with trading before in order to prevent potential risks that may arise.

    Welcome Back!

    Login to your account below

    Forgotten Password?

    Create New Account!

    Fill the forms below to register

    *By registering into our website, you agree to the Terms & Conditions and Privacy Policy.
    All fields are required. Log In

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In
    This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.