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Eurgbpshort

Short EURGBPEURGBP pair has been moving in a downward channel. There are a number of reasons for the EURGBP's recent weakness. One reason is the divergence in monetary policy between the European Central Bank (ECB) and the Bank of England (BoE). The ECB has been slower to raise interest rates than the BoE, which has led to a widening in the interest rate differential between the two currencies. This has made the euro less attractive to investors, as they can earn a higher yield on their investments by holding sterling. Another reason for the EURGBP's weakness is the ongoing war in Ukraine. The war has caused a humanitarian crisis and has also had a negative impact on the European economy. This has led to increased uncertainty and risk aversion, which has weighed on the euro. The EURGBP pair is currently trading at around 0.87, the next potential target for the EURGBP pair is 0.866 as it is moving in the channel. Hope you like the idea. Do comment, like and follow for more such ideas and targets.
Short
by FxPercent
Looking at EURGBP ahead of ECB Rate Decision TomorrowAhead of the ECB rate decision tomorrow, the futures markets see almost zero chance we get anything other than a hold at 4.50%. This falls in line with other economies including the Bank of Canada which held rates earlier today. From a technical perspective the Daily chart is back above the wedge breakout level. I took a Long this morning from 0.87140 after a nice rejection candle close yesterday, but price moved sideways and failed to push higher. This continues the pairs lack of conviction above 0.8700 which starts to make it more and more difficult to see price making a clean break higher. So 0.8700 is the line in the sand tomorrow, if we see buyers really step up and drive price higher I'll be looking for more Longs, but if we fall back inside 0.8700 I'll flip my bias short, specially if we fall back inside after the rates have been announced. Best of luck out there and I'll see you tomorrow.
by RuckSack
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. Like, comment and subscribe to be in touch with my content
Long
by Snick3rSD
6
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. Like, comment and subscribe to be in touch with my content
Long
by Snick3rSD
2
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.
Long
by ForexPlanet20
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
Short
by xAB777