Title
by Americanbulls.com LLC
Last Update
02/23/2018
EURGBP
EURO / BRITISH POUND STERLING
Last Signal: SELL
Last Pattern: BEARISH ENGULFING
Last Close:
0.8800
Change:
-0.0034
Percent change
-0.38%
Signal Update
Our system’s recommendation today is to SELL. The BEARISH ENGULFING pattern finally received a confirmation because the prices crossed below the confirmation level which was at 0.8813, and our valid average selling price stands now at 0.8804. The previous BUY signal was issued on 02/12/2018, 11 days ago, when the currency rate was 0.8867. Since then EURGBP has fallen by -0.71%.
Market Outlook
The market ran out of steam and the traders are now more in agreement about the bearishness. The evidence is strong enough to prompt the closing of long positions. The bearish pattern that was previously identified is finally confirmed and a SELL signal is generated. You still have time to follow the signal and then you may start checking other securities for a bullish bet. more...


Candlestick Pattern Chart
The chart showing Series 1 series.
Pattern Description
This pattern is characterized by a large black body engulfing a preceding smaller white body, which appears during an uptrend. The black body does not necessarily engulf the shadows of the white body but totally engulfs the body itself. This is an important top reversal signal. more...
Signal History
Date 
Price 
Signal 
 
$10K ⇨ 
02/23/20180.8804SELL $8,722
02/12/20180.8867BUY $9,634
02/07/20180.8852SELL $9,644
02/05/20180.8830BUY $9,354
01/31/20180.8754SHORT $10,439
01/29/20180.8781BUY $10,847
01/24/20180.8772SHORT $10,994
01/19/20180.8821BUY $11,717
01/17/20180.8870SELL $11,727
01/10/20180.8825BUY $11,133
01/05/20180.8862SELL $11,143
12/19/20170.8833BUY $10,794
12/14/20170.8793SHORT $11,351
12/11/20170.8795BUY $11,404
11/29/20170.8861SELL $11,414
11/24/20170.8943BUY $12,531
11/16/20170.8940SELL $12,541
11/09/20170.8848BUY $11,354
11/06/20170.8841SHORT $11,467
11/02/20170.8801BUY $10,970
10/12/20170.8919SELL $10,980
09/29/20170.8788BUY $9,279
09/21/20170.8802SHORT $9,111
09/19/20170.8865BUY $9,990
† Standard Lot: US$100K
† Margin: US$10K, Leverage: 1/10
† Transaction cost: US$10/trade
† Long Swap: -US$2/day
† Short Swap: +US$0/day
Date 
Price 
Signal 
 
$10K ⇨ 
02/23/20180.8804SELL $17,433
02/12/20180.8867BUY $18,345
02/07/20180.8852SELL $18,355
02/05/20180.8830BUY $18,065
01/31/20180.8754SHORT $19,150
01/29/20180.8781BUY $19,558
01/24/20180.8772SHORT $19,705
01/19/20180.8821BUY $20,428
01/17/20180.8870SELL $20,438
01/10/20180.8825BUY $19,844
01/05/20180.8862SELL $19,854
12/19/20170.8833BUY $19,505
12/14/20170.8793SHORT $20,062
12/11/20170.8795BUY $20,115
11/29/20170.8861SELL $20,125
11/24/20170.8943BUY $21,242
11/16/20170.8940SELL $21,252
11/09/20170.8848BUY $20,065
11/06/20170.8841SHORT $20,178
11/02/20170.8801BUY $19,681
10/12/20170.8919SELL $19,691
09/29/20170.8788BUY $17,990
09/21/20170.8802SHORT $17,822
09/19/20170.8865BUY $18,701
08/30/20170.9192SELL $18,711
07/18/20170.8801BUY $13,754
06/29/20170.8794SELL $13,764
06/14/20170.8795BUY $13,818
06/07/20170.8710SELL $13,828
05/24/20170.8633BUY $12,872
05/18/20170.8582SELL $12,882
05/16/20170.8519BUY $12,082
05/08/20170.8456SHORT $12,922
05/04/20170.8467BUY $13,093
04/06/20170.8532SHORT $12,270
04/04/20170.8552BUY $12,544
03/30/20170.8646SELL $12,554
03/28/20170.8665BUY $12,803
03/16/20170.8709SELL $12,813
02/27/20170.8477BUY $9,990
† Standard Lot: US$100K
† Margin: US$10K, Leverage: 1/10
† Transaction cost: US$10/trade
† Long Swap: -US$2/day
† Short Swap: +US$0/day
Date 
Price 
Signal 
 
$10K ⇨ 
02/23/20180.8804SELL $49,070
02/12/20180.8867BUY $49,982
02/07/20180.8852SELL $49,992
02/05/20180.8830BUY $49,702
01/31/20180.8754SHORT $50,787
01/29/20180.8781BUY $51,195
01/24/20180.8772SHORT $51,342
01/19/20180.8821BUY $52,065
01/17/20180.8870SELL $52,075
01/10/20180.8825BUY $51,481
01/05/20180.8862SELL $51,491
12/19/20170.8833BUY $51,142
12/14/20170.8793SHORT $51,699
12/11/20170.8795BUY $51,752
11/29/20170.8861SELL $51,762
11/24/20170.8943BUY $52,879
11/16/20170.8940SELL $52,889
11/09/20170.8848BUY $51,702
11/06/20170.8841SHORT $51,815
11/02/20170.8801BUY $51,318
10/12/20170.8919SELL $51,328
09/29/20170.8788BUY $49,627
09/21/20170.8802SHORT $49,459
09/19/20170.8865BUY $50,338
08/30/20170.9192SELL $50,348
07/18/20170.8801BUY $45,391
06/29/20170.8794SELL $45,401
06/14/20170.8795BUY $45,455
06/07/20170.8710SELL $45,465
05/24/20170.8633BUY $44,509
05/18/20170.8582SELL $44,519
05/16/20170.8519BUY $43,719
05/08/20170.8456SHORT $44,559
05/04/20170.8467BUY $44,730
04/06/20170.8532SHORT $43,907
04/04/20170.8552BUY $44,181
03/30/20170.8646SELL $44,191
03/28/20170.8665BUY $44,440
03/16/20170.8709SELL $44,450
02/27/20170.8477BUY $41,627
02/21/20170.8504SHORT $41,310
02/15/20170.8490BUY $41,169
02/07/20170.8599SELL $41,179
01/30/20170.8525BUY $40,286
01/17/20170.8632SELL $40,296
01/06/20170.8546BUY $39,261
01/03/20170.8506SELL $39,271
12/20/20160.8398BUY $37,989
12/16/20160.8353SHORT $38,566
12/13/20160.8393BUY $39,093
12/09/20160.8424SHORT $38,721
12/07/20160.8462BUY $39,222
11/03/20160.8986SELL $39,232
10/27/20160.8940BUY $38,688
10/14/20160.9005SELL $38,698
09/26/20160.8668BUY $34,639
09/22/20160.8568SELL $34,649
09/16/20160.8506BUY $33,861
09/12/20160.8440SHORT $34,747
09/07/20160.8392BUY $34,139
08/18/20160.8633SELL $34,149
08/08/20160.8496BUY $32,378
08/03/20160.8391SELL $32,388
07/28/20160.8378BUY $32,238
07/21/20160.8329SELL $32,248
07/19/20160.8392BUY $33,096
07/08/20160.8535SELL $33,106
06/24/20160.7702BUY $22,358
06/16/20160.7914SELL $22,368
05/31/20160.7620BUY $18,241
05/10/20160.7877SHORT $14,508
04/29/20160.7788BUY $13,266
04/11/20160.8055SELL $13,276
03/31/20160.7890BUY $10,972
03/25/20160.7892SELL $10,982
03/22/20160.7830BUY $10,122
03/18/20160.7807SELL $10,132
03/15/20160.7796BUY $9,990
† Standard Lot: US$100K
† Margin: US$10K, Leverage: 1/10
† Transaction cost: US$10/trade
† Long Swap: -US$2/day
† Short Swap: +US$0/day

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