EURGBP.P trade ideas
EUR/GBP Short Setup โ Technical Breakdown Aligns with Dovish ECBTechnical Insight:
EUR/GBP is once again rejecting a major higher timeframe resistance zone, showing clear signs of bearish pressure. Price action has decisively broken below the ascending trendline that held since April 2, confirming a market structure shift. The break adds to confluence as momentum turns in favor of sellers.
Fundamental Backdrop:
This weekโs European Central Bank (ECB) meeting is highly anticipated, with increasing speculation that policymakers will lean dovishโpotentially signaling readiness to cut rates as early as June. Recent data from the Eurozone (including sluggish PMI prints and easing inflation figures) has further pressured the euro, making it vulnerable ahead of the announcement.
In contrast, the Bank of England remains cautious on rate cuts amid persistent wage and services inflation, which may keep GBP relatively supported in the near term.
Key Takeaways:
Bearish market structure confirmed with trendline break
HTF resistance still holding firm (0.8737โ0.8743)
ECB likely dovish, weakening euro fundamentals
BoE more hawkish stance strengthens GBP outlook
Risk-reward ratio remains favorable with downside targets around 0.8350โ0.8320
EURGBP SHORT FORECAST Q2 W16 D18 Y25EURGBP SHORT FORECAST Q2 W16 D18 Y25
Fun Coupon Friday !
SUMMARY
- Trading areas identified
- Long position via 4H order block + weekly wick imbalance fill alignment. 15' breaks of structure required prior. 15' order block to be created post 15' break of structure. B set up.
- Short position via weekly order block 15' order block identified.15' breaks of structure required prior & lower time frame break of structure + turn around in price actions. A Set up
FRGNT X
EUR/GBP โ Trendline Break & Retest: Reversal Confirmed?Technical Outlook:
EUR/GBP has broken above the descending trendline and is now retesting it from above near 0.8540โ0.8560. This zone is critical โ holding it confirms a trend reversal. If successful, the next upside targets are 0.8625 and 0.8680. RSI remains above 50, and MACD continues to support bullish momentum.
Fundamentals:
Dovish expectations from the BoE weigh on the pound. The euro gains support from improving inflation outlook and capital inflows. Interest rate differentials now favor EUR.
Scenarios:
๐ Main: bounce from 0.8540โ0.8560 โ move to 0.8625 and 0.8680
๐ Alt: break below 0.8540 โ retracement to 0.8500โ0.8480
Short trade
15min TF overview
๐ Trade Breakdown โ Sell-Side (EUR/GBP)
๐
Date: Monday, April 14, 2025
โฐ Time: 3:30 AM โ London Session AM
๐ Pair: EUR/GBP
๐งญ Direction: Short (Sell)
Trade Parameters:
Entry: 0.86547
Take Profit (TP): 0.85986 (โ0.65%)
Stop Loss (SL): 0.86725 (+0.21%)
Risk-Reward Ratio (RR): 3.15
๐ง Trade Narrative:
This early London session is a short-term trade idea
Reversing from a premium zone, targeting a clear drop back into discount or mid-range.
EURGBP Massive Short! SELL!
My dear subscribers,
EURGBP looks like it will make a good move, and here are the details:
The market is trading on 0.8674 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 0.8620
About Used Indicators:
The average true range (ATR) plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
โโโโโโโโโโโ
WISH YOU ALL LUCK
Bullish continuation?EUR/GBP has bounced off the pivot which is a pullback support and could rise to the 128.2% Fibonacci resistance.
Pivot: 0.8608
1st Support: 0.8527
1st Resistance: 0.8767
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
EURGBP Trade IdeaHi Everyone !!
EURGBP is showing strong bearish momentum on the 1HR timeframe with clear CHoCH and BOS. I am looking to short when the price reaches my POI range 0.86795 to 0.86900, below is my trade setup, please do your own analysis before taking any trades.
Sell limit order
Sell @ 0.86795
SL - 0.86990
TP1 - 0.86595 โ Set to breakeven once TP1 is hit
Final TP - 0.86200
RR 1:3
Cheers !
EURGBP Discretionary Analysis: Eyes on the SupplyIt's that feeling when you just know the tide's about to turn (like when you're waiting for the wind to pass but can already smell the rain). EURGBP is giving off that "Next stop? Supply zone" kind of vibe. I see it pushing up to test that level, like it's gearing up for a showdown. If I'm right, I'll be eyeing some clean entries to make a move. If I'm wrong, I'll just grab a coffee and wait for the next opportunity to roll in.
Just my opinion, not financial advice.
EURGBP INTRADAY overbought retracement EUR/GBP maintains a bullish bias, supported by the prevailing upward trend. Recent intraday movement indicates a corrective pullback toward a key consolidation zone, offering a potential setup for trend continuation.
Key Support Level: 0.8525 โ previous consolidation range and pivotal support
Upside Targets:
0.8736 โ initial resistance
0.8787 and 0.8900 โ extended bullish targets on higher timeframes
A bullish reversal from 0.8525 would suggest continuation of the uptrend, confirming buying momentum.
However, a decisive break and daily close below 0.8525 would invalidate the bullish structure, opening the door for further retracement toward 0.8460, with additional support at 0.8370 and 0.8300.
Conclusion
EUR/GBP remains bullish above 0.8525. A bounce from this level supports further gains. Traders should watch for confirmation signals before positioning for the next move.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
REACTION to 90 DAY PAUSE on TARIFFS - Trade the Retrace!!! All the information you need to find a high probability trade are in front of you on the charts so build your trading decisions on 'the facts' of the chart NOT what you think or what you want to happen or even what you heard will happen. If you have enough facts telling you to trade in a certain direction and therefore enough confluence to take a trade, then this is how you will gain consistency in you trading and build confidence. Check out my trade idea!!
www.tradingview.com
EURGBP enters the overbought zoneEuro has gained a remarkable strength against the British pound during the latest round of tariff announcement from the US administration. However, from the historical studies we know that EURGBP rarely makes substantial trends, and more often it turns black having reached 2 standard deviations from the 20-day moving average (the upper band of the Bollinger Bands indicator). It is exactly where we observe the price now.
So, it is possible to observe the bearish turn for this currency pair, which may be associated with a bullish reversal for GBPUSD or stabilizing EURUSD or both.
Don't forget - that's just an idea, always do your own research and never forget to manage your risk!
EURGBP Breakout And Potential RetraceHey Traders, in today's trading session we are monitoring EURGBP for selling opportunity around 0.85700 zone, EURGBP was trading in an uptrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 0.85700 support and resistance area.
Trade safe, Joe.
EURGBP Short Term Buy IdeaH4 - Strong bullish momentum
No opposite signs
Expecting retraces and further continuation higher until the two Fibonacci support zones hold.
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Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Lingrid | EURGBP tests RESISTANCE at July 2024 High. ShortThe price perfectly fulfilled my last idea . It hit TP. FX:EURGBP market shot up and reached the resistance zone as well as channel border. The price is now near the July High of 2024. The market has completed an ABC move where the C point is near the psychological level at 0.86000. On the 1H timeframe, the price has formed a double top with bearish divergence, suggesting a potential pullback. If the market remains below this resistance zone, I expect the price may retest the lower levels after the impulse leg. My goal is support level 0.84600
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad ๐ฉโ๐ป
Bullish rise?EUR/GBP has bounced off the pivot and could rise to the 1st resistance which lines up with the 50% Fibonacci retracement.
Pivot: 0.8524
1st Support: 0.8493
1st Resistance: 0.8589
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Short trade
15min ~TF overview
๐ Trade Breakdown โ Sell-Side (EUR/GBP)
๐
Date: Thursday, April 10, 2025
โฐ Time: 12:30 PM (NY Time) โ NY Session AM
๐ Pair: EUR/GBP
๐งญ Direction: Short (Sell)
๐ Structure/Concept: Based on PD Array reference (0.5 Target)
Trade Parameters:
Entry: 0.86418
Take Profit (TP): 0.86102 (โ0.37%)
Stop Loss (SL): 0.86609 (+0.22%)
Risk-Reward Ratio (RR): 1.65
Reason: price reaching a pivotal price level and making a higher high (NY Session) suggests an indication of a sellside trade idea.
EURGBP: Potential sell setup towards 0.8500?OANDA:EURGBP has reached a notable resistance level, an area that has been a clear turning point in the past, leading to some notable reversals. Given this, there is once again potential for a bearish reaction if price action confirms rejection, such as a bearish engulfing candle, long upper wicks or increased selling volume.
If the resistance level holds, I anticipate a downward move toward 0.8500 , which for me is quite an achievable target now.
But if the price breaks above this zone and sustains above it, the bearish outlook may be invalidated, leading to further upside.
Just my take on support and resistance zones, not financial advice. Always confirm your setups and trade with solid risk management.