The EURGBP is ready to drop hardAs you can see price hit the Resistance + OG consolidation, SO here is big chance price is going drop from this resistance
Eurgbpforecast
EURGBP Analysis H4Here is my analysis for EURGBP on H4 using Order Block. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
EURGBP Short Term Buy IdeaH4 - Bullish trend pattern followed by a double wave correction.
Price respected a strong support zone and bounced higher.
Most recent downtrend line breakout.
H1 - Bullish trend pattern.
Currently it looks like a pullback is happening.
Until the two strong support zones hokd my short term view remains bullish here.
EURGBP WEEKLY ANALYSIS-UPDATE 01/10/2023Anticipating EUR/GBP Decline on Upcoming Euro Weakness
🔍 My analysis points to potential Euro weakness ahead, which could lead to a fall in EUR/GBP. Stay tuned for this evolving market scenario. 📉 #EURGBP #Forex #TradingViewAnalysis 📊📉
EURGBP Long Term Buying Trading IdeaHello Traders
In This Chart Forex ForecastEURGBP DAY By FOREX PLANET
today EURGBP analysis 👆
🟢This Chart includes_ (EURGBP market update)
🟢What is The Next Opportunity on EURGBP Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts.
EURGBP a break out could change everything very intense scenario going on eurgbp at the moment
analysing the weekly tf looks to me like the price is bullish , the price formed a double bottom broke and retested neckline .
but on lower tfs looks like something else the price formed a double top on daily and decending triangle on 1hr .
the neckline of the double to in daily is also accompanied with 100 and 200 moving averages if the price manages to break all of them without a doubt we will see a bearish move
EUR-GBP Bearish Breakout!EURGBP broke the support
Cluster of the rising and
Horizontal levels at 0.86717
And the breakout is confirmed
So I think that we will see
A further move down !
EURGBP 04/10 MovePair : EURGBP ( Euro / British Pound )
Description :
Completed Corrective Waves " ABC " in a Corrective Pattern " Rising Wedge " and Impulsive Waves " 1234 " in a Corrective Pattern " Bullish Channel " in Short Time Frame if it Breaks the Lower Trend Line of Bullish Channel / Rising Wedge and Retrace then Sell
EURGBP MID-WEEK ANALYSIS-UPDATE 24/09/2023In the upcoming days, I'll be closely monitoring EUR/GBP with an expectation for a further continuation of the current uptrend, aligning with its recent movements. However, if the prevailing trend were to shift, we would need to consider a bearish scenario instead. Stay tuned for real-time updates as we navigate the evolving market conditions. 📈📉 #EURGBP #Uptrend #BearishScenario
EURGBP Analysis D1Here is my analysis for EURGBP on D1 using Order Block. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
EURGBP Long Term Selling Trading IdeaHello Traders
In This Chart EURGBP HOURLY Forex Forecast By FOREX PLANET
today EURGBP analysis 👆
🟢This Chart includes_ (EURGBP market update)
🟢What is The Next Opportunity on EURGBP Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
EURGBP I Headed for top of the rangeWelcome back! Let me know your thoughts in the comments!
** EURGBP Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support!
EURGBP Long Term Selling Trading IdeaHello Traders
In This Chart EURGBP HOURLY Forex Forecast By FOREX PLANET
today EURGBP analysis 👆
🟢This Chart includes_ (EURGBP market update)
🟢What is The Next Opportunity on EURGBP Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
EURGBP 15/09 MovePair : EURGBP ( Euro / British Pound )
Description :
Rejection from the Daily Descending Trendline at Fibonacci Level - 61.80%. It has completed " ABC " Corrective Wave. Bullish Channel as an Corrective Pattern in Short Time Frame and it has Breakout the Lower Trend Line and Completed its Retest
EURGBP 31/08 MovePair : EURGBP ( Euro / British Pound )
Description :
Bullish Channel in Short Time Frame and Rejection from Upper Trend Line or Fibonacci Level - 61.80% , It has Breakout the Lower Trend Line and Completed the Retracement. Impulse and Correction Completed it will make its Impulse Again
EURGBP Analysis H4Here is my analysis for EURGBP on H4 using Order Block. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
EURGBP LONG TERM BUYING IDEAHello Traders
In This Chart EURGBP HOURLY Forex Forecast By FOREX PLANET
today EURGBP analysis 👆
🟢This Chart includes_ (EUGBP market update)
🟢What is The Next Opportunity on EURGBP Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the ChartS
EURGBP Analysis H1Here is my analysis for EURGBP on H1 using Order Block. The price could go bearish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
EURGBPI am expecting a continuous rise for EURGBP has it has tested support already, there is a breakdown trendline and a pullback is made already. So till Monday to see it play out l.
7 Dimension Analysis For EURGBP 😇7 Dimension Analysis - Daily Time Frame: Identifying Potential Reversal Opportunities
1: Price Structure:
Bullish trend with an initial choch (Correction of Higher Chance) phase. The move is impulsive, but weakness is evident with an inverter hammer and a doji candle formation. Inducement is completed, and the price has changed its character. A liquidity sweep has occurred with no pullback yet. Demand area and weekly support are defined, providing a strong foundation.
2: Patterns:
🟢TREND LINES:
Multiple angles and horizontal lines indicating potential support and resistance levels.
🟢CHART PATTERNS:
Double bottom pattern with a fake breakout. Rectangle pattern already broken. A fake out occurred at the bottom.
🟢CANDLE PATTERNS:
Inverted hammer with multiple long wicks. Doji candle formation. A record session count with 6 consecutive sessions showing proper higher high closings. Change in guard pattern completed. Inside Bar pattern with the last two sessions forming an inside hammer and an inside doji.
3: Volume:
High volume at the start of the swing, but currently low volume.
4: Momentum UNCONVENTIONAL Rsi:
🟢 Sideways to bullish .
🟢 Range shift from Bearish to sideways.
5: Volatility measure Bollinger bands:
🟢 Squeeze breakout occurred, but unable to sustain. Now, middle band support will decide further direction.
🟢 W formation completed, suggesting a move towards the target.
🟢 Dual band derivation 1 supported.
6: Strength ADX:
Bulls are currently in power.
7: Sentiment ROC:
The rate of change indicates that EUR is stronger than GBP.
✔️ Entry Time Frame: H1
✅ Entry TF Structure: Bearish
☑️ Entry Move: Corrective wait till Choch
✔ Support Resistance Base: Third Higher Low (3rd HL) May push prices into trigger area
➕ FIB: Trigger event activated
↕️ Trend line breakout: Wait for confirmation. after breakout we will wait price can finish corrective move
☑️ Final Comments: Waiting for the completion of the corrective move.
💡 Decision: Patience until the price completes its correction.
🚀 Entry: 0.8591
✋ Stop Loss: 0.8499
🎯 Take Profit: 0.8755
😊 Risk to Reward Ratio: 1:3
🕛 Expected Duration: 10 days.
EURGBP Analysis 23July2023After last week this pair shows a strong bullish, next week there is a possibility of a bearish correction with a target in the SR Flip area where the area is parallel to the Fibo Retracement notation 0.382. the possibility of a strong price will go to the area before continuing the bullish trend again
EURGBP SHORT Trend Momentum Bearish ContinuesEUR/GBP BEARISH CONTINUATION
Euro zone fundamentals weaken: Technical recession confirmed, inflation data improving which helps build a case for a more dovish ECB to come
Markets anticipate another 100-bps worth of tightening from the BoE this year as inflation is way too high still at 8.7%
EU FUNDAMENTALS ARE LIKELY TO EMBOLDEN ECB DOVES
Downward revisions to both the Q4 2022 and Q1 GDP quarterly growth figures suggests the European economy is taking strain as financial conditions are set to tighten even further next week. With the euro zone in a technical recession and seeing core inflation head lower, bears within the ECB’s ranks may soon garner support from more hawkish governing council members when it relates to the path of future monetary policy. Furthermore, disappointing Chinese data has revealed that the reopening of its economy has not gone to plan – which has negative trade implications for Germany, Europe’s biggest economy.
On the other hand, the bank of England still sees inflation at 8.7% which is way too high but the good news is that they forecast the figure to drop quickly for the rest of 2023. Nevertheless. markets still anticipate as much as 100-basis points into year end which would place the bank rate at levels anticipated for the Fed at 5.5%. Such expectations are likely to support the pound in the interim.
EUR/GBP TECHNICALS
EUR/GBP appears to be consolidating within a pennant formation which usually hints at a bearish continuation provided it is preceded by a downtrend. The death cross (blue line crossing below the red line) suggests a bias towards bearish moves. Should prices break below the pennant or even consolidate before regaining downside momentum, 0.8565 is the immediate level to watch, followed by 0.8515 and 0.8500 flat. The bearish bias would need to be reevaluated should prices breach 0.8650 and continue to produce a daily candle close above the zone around 0.8725 (orange zone). An additional risk to this setup is the nearness of the RSI to oversold territory. Therefore, a period of consolidation may be welcomed in this case.
EURGBP - Looking To Buy Pullbacks In The Short TermH4 - Strong bullish momentum.
Higher highs.
No opposite signs.
H1 - Bullish trend pattern.
Until the two strong support zones hold I expect the price to move higher further after pullbacks.
