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EUR/GBP H4 | Potential bullish bounceEUR/GBP is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 0.8413 which is a pullback support. Stop loss is at 0.8390 which is a level that lies underneath a swing-low support. Take profit is at 0.8453 which is an overlap resistance that aligns with the 23.6% Fibonacci retracement level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 62% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 59% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Long
by FXCM
2
Trading Idea: GBP/EUR Resistance BreakoutCurrent Resistance Level: GBP/EUR is currently facing a resistance level. If the price breaks above this resistance, it could signal a potential bullish breakout. Next Target: After the breakout, the next key resistance level becomes the target. Bullish Pattern: There is also a potential bullish pattern forming, which could further support the breakout scenario. A confirmed breakout above the first resistance could lead the price to rally toward the second resistance level. Confirmation: Wait for a clear break and close above the current resistance, and a confirmation of the bullish pattern, to strengthen the breakout signal. Risk Management: Consider placing a stop-loss below the previous support level to manage risk in case of a false breakout.
Long
by rebenga93
EURGBP The Target Is DOWN! SELL! My dear subscribers, This is my opinion on the EURGBP next move: The instrument tests an important psychological level 0.8443 Bias - Bearish Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 0.8433 My Stop Loss - 0.8451 About Used Indicators: On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment. ——————————— WISH YOU ALL LUCK
Short
by AnabelSignals
1
#EURGBP 1DThe EUR/GBP pair has shown a bullish outlook with potential buying opportunities at its current levels. The resistance level at 0.84100, indicating that price movement could face significant resistance around this point. A breakout above this resistance may signal further upward momentum. Traders might consider entering long positions if the price successfully surpasses this level, but should also watch for any signs of reversal or consolidation near this area. As always, it is advisable to monitor fundamental and technical indicators for additional confirmation.
Long
by PIPSFIGHTER
Heading into 38.2% Fibonacci resistance?EUR/GBP is rising towards the resistance level which is an overlap resistance that lines up with the 38.2% Fibonacci retracement and could reverse from this level to our take profit. Entry: 0.84550 Why we like it: There is an overlap resistance level that aligns with the 38.2% Fibonacci retracement. Stop loss: 0.84913 Why we like it: There is a pullback resistance that aligns with the 61.8% Fibonacci retracement. Take profit: 0.84077 Why we like it: There is a pullback support level. Enjoying your TradingView experience? Review us! Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Short
by VantageMarkets
Long Trade For Monday: EUR GBP Long. Please read below. The EUR / GBP is parked very bullishly on W/Bottoms on the higher timeframes but their also exists a bullish H"S" Pattern on the 2HR timeframe. This pattern had already retested the Neckline. High timeframe RSI & Stochastic's are also very bullish to bring the EURO out of Ovesold territory and rally hard agains the Pound. I will buy the breakout of the trendline in the chart attached. Cheers, easy_explosive_trader.
Long
by Easy_Explosive_Trading
2
EURGBP Set To Fall! SELL! My dear followers, This is my opinion on the EURGBP next move: The asset is approaching an important pivot point 0.8432 Bias - Bearish Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market. Goal - 0.8427 About Used Indicators: For more efficient signals, super-trend is used in combination with other indicators like Pivot Points. ——————————— WISH YOU ALL LUCK
Short
by AnabelSignals
3
EURGBP-NEXT WEEK 9-SEP-2024 TO 13-SEP-2024Currently, the market is forming a Head and Shoulders pattern, which suggests a potential reversal. On the 1-hour timeframe, a Cup and Handle formation has been identified, but the breakout isn’t strong enough yet, and a retest hasn’t occurred. However, volume confirmation on the 4-hour chart signals that the breakout may be imminent. On the 15-minute chart, we see a triangle formation, but we are waiting for a retest to confirm our entry. The area of value lies below the resistance zone, which we will use to define our risk levels after the retest. I am using Fibonacci retracement on the 4-hour chart to define the take-profit target. At the moment, there are no major obstacles like significant support or resistance levels on the way, which aligns well with our target. The stop-loss is set 10 pips above the resistance on the 4-hour chart, giving us a well-protected position. The risk-reward ratio (RRR), which is calculated at 2.11, making this trade attractive in terms of risk management.
Long
by dannyqaq1991
1
Watch out as EURGBP net short positioning is reversing quicklyLeveraged money net positioning is reversing from extreme short levels in EURGBP futures. We do acknowledge the UK's recent positive political momentum amid political turbulence in the EU, however we believe the effect is in the price. On top of that, our fundamental macro model is slightly bullish EURGBP, certainly not indicating a further drop from these levels. This might indicate a rally in EURGBP towards 0.86 after a recent 2 standard deviation selloff.
Long
by bearwhispering
Market Analysis: EUR/GBP Eyes GainsMarket Analysis: EUR/GBP Eyes Gains EUR/GBP is gaining pace and might extend its upward move above the 0.8440 zone. Important Takeaways for EUR/GBP Analysis Today - EUR/GBP started a fresh increase above the 0.8420 resistance zone. - There is a major rising channel forming with support near 0.8425 on the hourly chart at FXOpen. EUR/GBP Technical Analysis On the hourly chart of EUR/GBP at FXOpen, the pair started a fresh increase from the 0.8400 zone. The Euro traded above the 0.8420 level to move into a positive zone against the British Pound. The EUR/GBP chart suggests that the pair settled above the 50-hour simple moving average and 0.8440. There was a clear move above the 50% Fib retracement level of the downward move from the 0.8467 swing high to the 0.8399 low. Immediate resistance is near 0.8440 or the 61.8% Fib retracement level of the downward move from the 0.8467 swing high to the 0.8399 low. The next major resistance for the bulls is near the 0.8450 zone. A close above the 0.8450 level might accelerate gains. In the stated case, the bulls may perhaps aim for a test of 0.8465. Any more gains might send the pair toward the 0.8500 level in the coming days. Immediate support sits near a key rising channel at 0.8425. The next major support is near the 0.8400 zone. A downside break below the 0.8400 support might call for more downsides. In the stated case, the pair could drop toward the 0.8365 support level. Any more losses might send the pair toward the 0.8340 level in the near term. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
by FXOpen
1
EUR/GBP "CHUNNEL" Bullish Robbery Plan on Long sideHola ola My Dear, Robbers / Money Makers & Losers, This is our master plan to Heist EUR/GBP "CHUNNEL" Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich. Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money. Entry : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Swing Low Stop Loss : Recent Swing Low using 1h timeframe Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update. Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target. Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.
Long
by Thief_Trader
Bearish reversal?EUR/GBP is rising towards the resistance level which is an overlap resistance that aligns with the 38.2% Fibonacci retracement and could reverse from this level to our take profit. Entry: 0.8455 Why we like it: There is an overlap resistance level that aligns with the 38.2% Fibonacci retracement. Stop loss: 0.8491 Why we like it: There is a pullback resistance level which lines up with the 61.8% Fibonacci retracement. Take profit: 0.8407 Why we like it: There is a pullback support level. Enjoying your TradingView experience? Review us! Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Short
by VantageMarkets