Eurgbplong
Scenario on EURGBP 13.2.2025On this chart, I see the situation like this: if I should take a short, then the first sfp at the price level of 0.83800-0.84000, if I should be interested in a long position, then the first target that makes more sense to me is the sfp at the price of 0.8300, other scenarios are other alternatives where the market could react if certain conditions are met
EURGBP: What Are You Anticipating With This Volatile Pair?I am a swing trader, as you can probably tell from the timeframes I use in my posts. However, I do believe that EURGBP lends itself better to day trades or position trades, if you can stomach the movement. Considering it has made, for me, surprising reverses just when you think it would push further, I offer a couple of scenarios for both a sell and buy possibility. I do see EURGBP selling further but this is a pair you want to be prepared for movement in the opposite direction as well. Game plan, ready! What would be your move?
EURGBP - Long active !!Hello traders!
‼️ This is my perspective on EURGBP.
Technical analysis: Here we are in a bullish market structure from daily timeframe perspective, so I expect price to continue bullish price action after filling the imbalance and rejecting from bullish OB + institutional big figure 0.83000.
Fundamental news: On Thursday (GMT+2) we will see results of Interest Rate on GBP, news with high impact on currency.
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EURGBP, First Long and after that Get Ready for ShortHello Traders, Hope you are doing great.
for upcoming weeks, we'll probably see continuation of upward momentum and after that we'll probably find an opportunity to Sell at one of these specified zones. so with a proper trigger we can open a long at first and after that a short position.
And finally tell me what do you think ? UP or DOWN ? leave your comment below this post.
If this post was helpful to you, please like it and share it with your friend.
THANKS.
EUR/GBP at Critical Resistance – Major Move Incoming?What’s great everyone!? Mr. Blue Ocean FX here, breaking down EUR/GBP with an in-depth analysis you don’t want to miss.
Starting from the higher timeframes, we’ve identified a major trendline resistance dating back to January 2023, which has been tested multiple times and is now being challenged again. After a massive impulse move from the 0.8275 area in late December, price has surged to the current levels around 0.8472, but signs of weakness are starting to emerge.
Looking closer at the daily timeframe, we’ve seen a clear rejection off the trendline with significant bearish volume stepping in yesterday—indicating strong selling pressure after a liquidity grab above 0.8444. With a confirmed daily close below 0.8434, we’re now eyeing potential downside targets.
Dropping down to the H1 timeframe, we’re observing a lower high formation, which could signal a continuation lower. I’ve already entered this trade with a high-risk, high-reward approach, placing stops above the recent high and targeting multiple liquidity areas below.
Key levels to watch:
• First target: 0.8433, sweeping liquidity.
• Next: 0.8413 (double bottom) and ultimately 0.8335 if momentum continues.
If we break below key support at 0.8410, this could trigger a much larger drop into untested levels from past price action, potentially targeting the 0.8146 area.
The next few candles will be crucial—will EUR/GBP hold this level or melt down further? Stay tuned and let’s see how it plays out!
If you’re finding value in these breakdowns, make sure to boost, share, and comment with your thoughts. Let’s make some moves!
EURGBP to continue in the bullish channel?EURGBP - 24h expiry
Intraday dips continue to attract buyers and there is no clear indication that this sequence for trading is coming to an end.
20 4hour EMA is at 0.8429.
We look to buy dips.
Dip buying offers good risk/reward.
A break of the recent high at 0.8463 should result in a further move higher.
We look to Buy at 0.8431 (stop at 0.8409)
Our profit targets will be 0.8489 and 0.8499
Resistance: 0.8454 / 0.8464 / 0.8485
Support: 0.8436 / 0.8420 / 0.8404
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
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EURGBP - Look for a long position !!Hello traders!
‼️ This is my perspective on EURGBP.
Technical analysis: Here we are in a bullish market structure from daily timeframe perspective, so I look for a long. I want price to make a retracement to fill the imbalance lower and then to reject from bullish OB + level 0.83000.
Fundamental news: Upcoming week on Wednesday (GMT+2) we will see results of yearly CPI on GBP, news with high impact on currency.
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EURGBP TRADE IDEA: LONG | BUY (01/01/25)Happy New Year!
I might actually end up being wrong on this one because the order flow actually seems to be bearish.. I’m essentially betting on the potentially of it reversing/my predicted low to be protected. If you’re already in a sell congratulations, this trade idea is taking advantage of the incoming buy. My issue is the TP. I don’t know if it’ll get hit. Enjoy and trade safely!
#EURGBP 1DAYEURGBP (1D Timeframe) Analysis
Market Structure:
Trendline Breakout: The price has moved above a previously established trendline, indicating potential bullish momentum.
Forecast:
Buy Opportunity: The breakout suggests a shift in trend direction, favoring buyers. Further upside movement is expected as long as the price sustains above the broken trendline.
Key Levels to Watch:
Entry Zone: After breakout confirmation or upon retesting the broken trendline as new support.
Risk Management:
Stop Loss: Placed below the trendline or recent swing low.
Take Profit Zones: Focus on upcoming resistance areas and psychological price levels.
Market Sentiment:
Positive Momentum: A breakout above resistance typically reflects strengthening buying interest and potential continuation of the upward move.
Mon 16th Dec 2024 EUR/GBP Daily Forex Chart Buy SetupGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a EUR/GBP Buy. Enjoy the day all. Cheers. Jim
EURGBP - Short from bearish OB !!Hello traders!
‼️ This is my perspective on EURGBP.
Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I look for a short. My point of interest is imbalance filled and rejection from bearish OB.
Fundamental news: On Thursday (GMT+2) we will see results of Interest Rate on EUR, news with high impact on currency.
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POTENTIAL UPWARDS IMPULSE MOVEMENT!Hello,
A clear descending triangle pattern has formed. This level also serves as a strong weekly support/demand area. I believe prices have accumulated enough, and soon there may be a significant correction or the start of a fresh trend.
Place your stop loss below the triangle and set your TP at a 1:3 RR. Please share your opinion.
Good luck!
EURGBP - Long active !!Hello traders!
‼️ This is my perspective on EURGBP.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I look for a long. I expect bullish price action as we can see that price filled the imbalance and rejected from bullish OB.
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EURGBP Long Trade setting up on Daily.
I have been watching this one for a while now as I kept an eye on Crypto's pullback.
This is a daily trade, EUR is a bit overextended to the short-side, looking to come back to reversion and a bonus bulls head n shoulders pattern on 1hr.
Details of trade I will post below when the setup executes. If it ever does today.
EURGBP possible 250pips Currently near lows last time seen almost 3 years ago. Opening here a small position just in case we dont see a pull back from this possible break out.
Will be adding more as price falls below .8350
Expecting the next economic data from GBP to be the main driver of this price action..
This analysis its invalidated if price makes a new low
EUR/GBP Support ZoneEUR/GBP is currently trading at a strong weekly support level. This area has historically acted as a key turning point, providing solid buying opportunities. The pair shows signs of potential reversal, with buyers stepping in to defend this level. Target the next resistance level for profit, with a stop-loss set just below the support to manage risk.
EURGBP - Idea for a short !!Hello traders!
‼️ This is my perspective on EURGBP.
Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I look for a short. I want price to make a retracement to fill the imbalance higher and then to reject from trendline.
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Progress of this EURGBP TradeI identified a double bottom a couple of days ago on the EURGBP trading chart somewhere at the middle of a bullish order block. This is supposed to indicate an upward price move but price went down and almost took me out. There's been a reversal and price seems to be going back in the original direction of my trade. I'll keep you posted on the progress of this trade.
EUR GBP SETS UP FOR A BUY-LONG:The best trades are the ones that allow you to buy low in price, sometimes even at their last leg of a short. This is what sort of happened with EUR GBP earlier today when I saw its price get so low and tempting to buy an order, but there was also a reversal setup taking place which also had momentum in the price action, something you don't often see when bargain hunting on trading.
I knew that this trade would ascend and run nicely for EUR GBP because the currency combo had 2 macd's working its return to momentum, these would give an early indication of how long the currency pair might need macd to support its future growth, but it was also a chance to catch up with miserable clients and koolj.
So take profit for educational purposes ate 84.30
Stop Loss: 83.
Buy up until 83.50
I should go to target quickly with very little data economic today.
Thanks for taking the time to read.