📊 EUR/GBP 4H Technical Analysis
EUR/GBP is currently in a clear uptrend, forming consecutive higher highs (HH) and higher lows. Price is trading above the 50 EMA, which is acting as dynamic support and confirming bullish momentum.
🔻 After reaching a recent high near 0.8510, the pair is now pulling back. A key Area of Interest (AOI D) is identified between 0.8450–0.8475, aligning with:
Previous structure (resistance turned support)
The rising 50 EMA
Demand zone from earlier consolidation
📈 A bullish reaction is expected from this zone, with potential continuation toward new highs above 0.8550.
EUR/GBP is currently in a clear uptrend, forming consecutive higher highs (HH) and higher lows. Price is trading above the 50 EMA, which is acting as dynamic support and confirming bullish momentum.
🔻 After reaching a recent high near 0.8510, the pair is now pulling back. A key Area of Interest (AOI D) is identified between 0.8450–0.8475, aligning with:
Previous structure (resistance turned support)
The rising 50 EMA
Demand zone from earlier consolidation
📈 A bullish reaction is expected from this zone, with potential continuation toward new highs above 0.8550.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.