EN

EURGBP - Upward trend will continue, Long trade by market price recommended

Alex Zarevich on FXSSI Alex Zarevich Expert
main-buy-market-trend-1
Forecast Details
PairEURGBP
Publication Time1/20/25 7:47 AM
Direction Buy
Status Closed (0.8455)
7:47
7:47
Jan. 20, 2025
Forecast
+45 p
0.8490
Target 1
0.8445
Entry
-45 p
0.8400
Stop Loss
Related Links
How to use MT4/5 Indicators Tools
Recommended by FXSSI
XM Group
2009
Visit Website
Your capital is at risk. *T&Cs apply

Chart & Analyst Comments

main-buy-market-trend-1
  1. According to the most brokers’ data, more than half of the traders are currently in short positions on EURGBP. As a result, we recommend considering only Long trades at this time.
  2. The activity of "fresh" bears while the upward movement may indicate that the market crowd still does not believe in a Bullish trend.
  3. MVP line is below the price and acts as a support level.
  4. The trade is aimed at the previous high breakout. The SLC indicator signals us to set our target at the level where most Stop Losses are placed - 0.849
    index: 1x 0.049874067306519s
t_/pages/forecast: 1x 0.046141147613525s
t_/common/header-new: 1x 0.030246019363403s
t_/common/head: 1x 0.021870136260986s
t_/common/footer-new: 1x 0.0049378871917725s
router_page: 1x 0.0012249946594238s
router: 1x 0.0010669231414795s
t_/popups/on-download: 1x 0.00080704689025879s
t_/common/cookie-banner: 1x 0.00076603889465332s
t_/blocks/sidebar-afil: 1x 0.00039315223693848s
service-routes: 1x 0.00037002563476562s
router_redirection: 1x 0.00021195411682129s
t_/popups/zoom: 1x 0.00012493133544922s
----- END OF DUMP (2025-07-05 16:54:07)  -----