Eurgbpsell
EURGBP - Long from bullish order block ✅Hello traders!
‼️ This is my perspective on EURGBP.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for long. I want price to continue the retracement and then to reject from bullish order block.
Fundamental analysis: On Thursday will be released Interest Rate on EUR followed by ECB Conference, based on the result and the speech we will see direction for the next couple of weeks.
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EURGBP A nice 1:5 Short Setup hello traders
eurgbp has formed a head and shoulders pattern on a strong resistance level .
the same resistance level also happens to be the 61.8 golden fibbonacci zone if you do a fib retracement on weekly tf the daily candle also rejected that level with a inversed hammer .
wait for the price to come and retest the neckline and we might see our nice setup play out.
EURGBP - Potential long ✅Hello traders!
‼️ This is my perspective on EURGBP.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for long. I want price to continue the retracement to fill the imbalance lower and then to reject from bullish order block.
Fundamental analysis: Tomorrow will be released yearly CPI on GBP, one of the most important news, so if the result is positive, we can see the retracement.
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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 - Potential retracement ✅Hello traders!
‼️ This is my perspective on EURGBP.
Technical analysis: As we can see here price started to form higher highs and higher lows, so we are in a bullish market structure, now I expect we could see a retracement after price took out buy side liquidity. I look for a long if price fills the imbalance lower and then rejects from bullish order block.
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EURGBP faces dual resistance challengesEURGBP currently encounters two resistance levels : one from the downtrend and another from a sideway pattern. We're closely monitoring this pair, and if it manages to break through both of these resistances, it could potentially make a strong upward move towards the next resistance levels at 0.8850, 0.8920, and 0.8950.
Moreover, if it respects these resistance levels and shows signs of weakness, we may consider a short position with targets set at 0.8520, 0.8430, and 0.8350 .
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 - Long from bullish order block ✅Hello traders!
‼️ This is my perspective on EURGBP.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for long. I want price to continue the retracement to fill the imbalance lower and then to reject from bullish order block.
Fundamental analysis: Tomorrow will be released yearly CPI on GBP and on Thursday Interest Rate. These are important news which will indicate the structure for short and mid term perspective, so pay attention to the results in order to validate the analysis.
Like, comment and subscribe to be in touch with my content!
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
EUR GBP SHORT Risk 0.5%
TP1 = 1:2 RR
Disclaimer:
The contents in this Idea are intended for information purpose only and do not constitute investment recommendation or advice. Nor are they used to promote any specific products or services. They serve as an integral part of a case study to demonstrate fundamental concepts in risk management under given market scenarios. A full version of the disclaimer is available in our profile description.
EURGBP VERY BEARISHhello traders honestly i did not find this my self it was idea of @VasilyTrader
after watching his video about eurgbp i decided to hop on the chart and i found that the price formed a head and shoulder with a broken retested neckline on the daily tf .
@VasilyTrader Latest video provides more signs that the price may be heading down i recommend everyone to go watch it for somegood educational content and extra convincing as he does analysis of the 4h tf and the 1hr .
i also recommend to drop a sub this guys content is gold and really helped my trading career forever grateful to him.
this is no ad trading view dont ban me pls thx
EURGBP - AMD Confirmation ✅Hello traders!
‼️ This is my perspective on EURGBP.
Technical analysis: Here we can see the confirmation of AMD Pattern, as for the last couple of days price was in a range and now price manipulated buy side liquidity and rejected from bearish order block, so I expect the distribution lower.
Fundamental analysis: This week on Thursday will be released Bank Rate on GBP, which was forecasted to increase, this means strength in currency, so it will support our analysis.
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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.