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Eurgbpshort

EURGBP SELL SETUPI am interested in this 15 minute Order Block tucked away in the middle of a 1 hour Order Block. I would wait for confirmation if price reaches the level. Price might rally to clear the PDH and liquidity resting through it in a slanted angle. I don't believe price will drop much further below the Previous Day Low (PDL). If it does, it will be retracing a daily range, which will be a much more significant drop. Too bad I'll be asleep when this happens. I'd be watching it.
Short
by QSVentures
EUR/GBP rally stalls at key high, German data in focusWe see a technical case for EUR/GBP to top out over the near-term, which could be helped if Germany deliver a soft inflation report today. The baulk of today’s economic data is from Germany, with employment data at 08:55 GMT then inflation at 13:00. UK manufacturing PMI is scheduled for 09:30, then manufacturing PMI data is then released for Canada and the US at 14:30 and 14:45 respectively. EUR/GBP has been rising along with GBP-EUR yield differentials as traders price in a more hawkish ECB in 2023. However, the rally lost steam as it approached the October highs and produced a couple of low liquidity Doji’s below that key level. Momentum has turned lower today so we suspect an interim top has formed and prices are due to pull back towards 0.8800. Also take note that the 20-day EMA is near the monthly pivot point around 0.8760 which makes it a potential target for a deeper pullback.
Short
by CityIndex
2
Selling EURGBP for 100 pips at the start of the year First of all, a very happy new year to all the followers. Hope the pips will be with you in 2023 just like it has been with us in 2022. We ended 8 months with a neat profit of 26.3% despite the market being in turmoil. The main reason for this is because we follow the trend and trade accordingly with tight stop losses. We took a break from posting in the last one month but hope to bring you good ideas in 2023 as well. The first trade is the EURGBP sell. It is at a high and ended quite close to the December 2022 high of 0.8869. We have placed a short based on the harmonic pattern with a 50 pip stop loss and targeting 100 pips. We will have to wait for the market to open up tomorrow to see a good movement here. Good luck!
Short
by JD_TeenTrader
1
EURGBP - MEGA PUMP in spring - summer 2023📈I used a system of triangles, I selected several zones, yellow, green and white. The green zone is an uptrend. Yellow global consolidation. White intermediate consolidation in front of the green zone. the fractal that I highlighted in purple can be viewed in more detail on 1d and superimposed on the weekly chart of what is happening now. about the numbers that I described on the chart, 113, 911/116 / 999, etc., look for the answer on your own, it all depends on your intelligence
Long
by FTT_TRADER369
EURGBP - SHORTWill be looking at short positions for this pair for the following reasons. It has approaching a point of Major resistance in the ranging pattern looking back 3 months. This is a long-term short swing for me looking forward at least 2-3 months. Looking to catch a short trade of the rejection from the resistance zone . I would need to zoom in to get a better entry point, once price rejects from the resistance zone . Of course this is purely a technical approach. **This is just my trading thought process and does not constitute as financial advice. **Please trade with proper risk management
Short
by MOGBEBOR
3
eurgbppotential nice set up for a Quick scalping rejection 10-30 pips seems like a decent scalp set up.. remember this is for educational and demo purposes please feel free to drop any questions comments or anything regarding my analysis!! i beleive as a community we can all do better to help one another grow! information is shared for educational and demo purposes only, if you decide to trade in the financial markets please use proper risk management and NEVER trade in with money you cant afford to loose 100% off!
Short
by therealbinarymaster