EURGBPThe expected trajectory for the pair in the coming days suggests a likely continuation of the upward trend.
EURGBP.P trade ideas
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 0.8399 pivot level.
Bias - Bearish
My Stop Loss - 0.8424
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 0.8350
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.
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WISH YOU ALL LUCK
EURGBP Down to SupportEURGBP broke out of the bullish channel and I think it will go back to the previous support level
EURGBP - Potential Sell From Key Resistance ZoneThe EURGBP pair is approaching a significant supply zone, marked by historical price reactions and strong resistance levels. The current market structure suggests the potential for a reversal from this area if sellers regain control.
I anticipate that if the price confirms a rejection from this supply zone, the market is likely to move downward toward the 0.83611 level. This setup aligns with the idea of trend exhaustion near resistance.
If you have additional insights or an alternative perspective, feel free to share your thoughts!
EURGBP: Bullish Rally Continues 🇪🇺🇬🇧
EURGBP keeps rallying.
The market broke and closed above a key daily horizontal resistance.
The next strong resistance is 0.8435,
it will most likely be the next goal for the buyers.
❤️Please, support my work with like, thank you!❤️
possibility of correctionThe uptrend is expected to continue to the resistance zone, then there is a possibility of a trend change and a correction.
Potential bullish rise?EUR/GBP has reacted off the pivot which acts as a pullback support and could rise to the 1st resistance which is slightly above the 61.8% Fibonacci retracement.
Pivot: 0.8361
1st Support: 0.8263
1st Resistance: 0.8490
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Disclaimer:
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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.
Like, comment and subscribe to be in touch with my content!
EURGBPAB=CD reversal pattren bulish divergence price beark last LH and showing first HH and my entry at first HL anticipate at support level
BUY limit 0.82729
SL : 0.82238
TP: 0.83221
EURGBP Trading Opportunity! SELL!
My dear friends,
Please, find my technical outlook for EURGBP below:
The price is coiling around a solid key level - 0.8378
Bias - Bearish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Goal - 0.8330
Safe Stop Loss - 0. 8403
About Used Indicators:
The pivot point itself is simply the average of the high, low and closing prices from the previous trading day.
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WISH YOU ALL LUCK
EURGBPBought EG because I expect the Euro to strengthen against the British Pound, likely due to stronger economic data or anticipated shifts in monetary policy. I plan to swing the trade, holding it for a few days or weeks or months, aiming to capitalize on price movements during that period.
DeGRAM | EURGBP pullback from the trend lineEURGBP is above the ascending channel between the trend lines.
The price is moving from the dynamic resistance and is now under the 78.6% retracement level.
The chart has formed a harmonic pattern.
We expect a pullback.
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Share your opinion in the comments and support the idea with like. Thanks for your support!
EURGBP - Will the pound continue to fall?The EURGBP currency pair is above the EMA200 and EMA50 in the 4-hour timeframe and is moving in its upward channel. The continued rise of this currency pair towards the supply zone will provide a position to sell it with a suitable risk reward. In case of downward correction, we can buy within the demand zone.
Yesterday, Reeves, the UK Chancellor of the Exchequer, faced questions from Members of Parliament following a significant increase in the sale of UK government bonds. Sir Lindsay Hoyle, the Speaker of the House of Commons, accepted an urgent query raised by Conservative opposition members. This compelled Reeves to appear in Parliament on Thursday morning, as the yield on 10-year UK government bonds surged to 4.93%, the highest level since 2008.
The pound also dropped during this market turmoil, reaching $1.224, its weakest level since November 2023. The rising yields on UK government debt have posed a serious challenge to Reeves’ fiscal plans, constraining the government’s borrowing capacity under its budgetary rules. Borrowing costs have spiked as investors grow increasingly concerned about the government’s heavy borrowing needs and the mounting risk of stagflation.
Jones, a senior official at the UK Treasury, stated that only the Office for Budget Responsibility (OBR) could predict the impact of bond market movements on the fiscal outlook. He emphasized that the government remains committed to strict fiscal rules, ensuring public spending stays within budget limits. He also noted that public services must operate within their allocated resources, dismissing the need for any emergency intervention by the Treasury.
Meanwhile, Breeden, a member of the Bank of England, commented that recent data suggest it may be time to ease restrictive policies.She expressed the need to understand the causes behind the slowdown in economic activity and how employers are coping with higher hiring costs. While economic activity appears somewhat subdued, Breeden added that it is expected to rebound.
According to a Citi/YouGov survey, UK households’ one-year inflation expectations have risen to 3.7%, while their long-term inflation expectations have climbed to 3.9%. Concurrently, the UK Debt Management Office plans to syndicate and reissue the 4.375% 2040 bonds in the week starting January 20. This move aims to finance the government and manage public debt.
Separately, Cipollone of the European Central Bank remarked that monetary policy should enable the Eurozone economy to operate at full capacity while avoiding demand reductions that could trigger inflationary shocks. He highlighted structural issues in Europe’s industrial sector, including declining productivity relative to the US and excessive reliance on foreign technological solutions. Cipollone further noted that Europe has lost its edge in innovation and scalability due to fragmented markets and a defensive, nationalist approach.
EURGBP: Top-Down Analysis & Bullish OutlookEURGBP successfully adhered to a previously broken significant horizontal resistance level. Following its bullish breakout, a highlighted blue region turned into a support zone.
Testing the broken structure, the market established an inverted head and shoulders pattern on a 30-minute timeframe, signaling a short-term bullish indication.
It is anticipated that there will be a pullback, reaching a minimum of 0.8392 and potentially extending to 0.8410.
EURGBP-SELL strategy 8 Hourly chartThe pair has been been moving up sharply as we all have seen. Now we are consolidating, and judging BB bands, RSI and other indicators, it seems clear it is time for a correction here.
Strategy SELL 0.8370-0.8400 and take profit near 0.8335 for now.
EURGBP The EUR/GBP currency pair is currently a strong sell opportunity at the price of 0.83755. Traders should aim for the following target levels:
1. Take Profit 1: 0.83200
2. Take Profit 2: 0.82800
3. Take Profit 3: 0.82400
To minimize risks, set a stop-loss at 0.84300.
Key Trading Tips:
Always stay informed and refine your strategies based on market conditions.
Never invest more than you can afford to lose.
Use risk management tools like stop-loss orders and diversify your portfolio to safeguard your capital.
EURGBP QUICK CYPHERSo this analysis with the fibonacci tools on it became a bearish cypher pattern.
Price went bullish and bearish in a certain formation.
ITs a XABCD pattern. If you dont understand please do research
Do what you need for TP/SL
Happy Trading
EURGBP break higher has stalled. Intraday Update: The EURGBP has stalled at the 38% retracement of the Aug highs to Dec lows. Also, the 161% ext of the last move lower has held as resistance after coming out of the descending wedge. While below the .8400 level we'd expect dips to be bought back at the .8325 level.
Long trade
4Hr TF overview
1Hr TF overview
Pair EURGBP
Sun 05th Jan 25
5.00 pm
NY session PM
Buyside trade
Entry 4Hr TF
Entry 0.82988
Profit level 0.83695 (0.85%)
Stop level 0.82729 (0.31%)
RR 2.73
Reason - Observing price action since the 5th Jan 2025 and price respecting support zone highlighted green) seem indicative of a buyside trade.
DeGRAM | EURGBP seeks to exit the channelEURGBP is in a descending channel between the trend lines.
The chart is holding above the trend line and 38.2% retracement level.
The price has formed a bullish takeover while attempting a decline under the dynamic support.
We expect the price to rise after consolidation above the resistance level.
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Share your opinion in the comments and support the idea with like. Thanks for your support!
Institutional Supply: EUR/GBP shortsHey,
Price is currently in a key counter-zone supply..
This means that I'll be watching it closely to see if the 4h wants to slow down.
PA is very strong to the upside at the moment..
I want to see my indicator print a star formation to take it short.
Let's be patient.
Kind regards,
Max Nieveld
EURGBP Long on Regression BreakAfter a 47 trading day run short, the regression has broken upwards and indicates the trend has changed.
I will open a long only EA to take the trades that may appear.
EURGBP Forecast: Bullish Trends Ahead!As I analyze the current market conditions for the EURGBP pair, I'm leaning towards a buy position. The recommended entry price stands at 0.83411, with a take profit target of 0.83676667 and a stop loss set at 0.82981667.
This bullish outlook is supported by the resilience noticed in the eurozone's economic indicators, which show steady growth amidst global economic fluctuations. Recently, positive manufacturing data and stronger consumer confidence in the euro area have created a favorable environment for the euro.
Moreover, the strategy utilized here is powered by the EASY Trading AI, which has successfully identified a consistent pattern in market movements. The analysis indicates that the EURGBP is positioning itself for an upward trend, driven by market sentiment and economic fundamentals.
For traders, it's crucial to observe the levels set for take profit and stop loss. The risk-reward ratio in this scenario is compelling, offering a decent opportunity for possible gains while managing risks effectively.
Utilizing the EASY Trading AI, traders can benefit from automated signals and algorithms designed to maximize returns. Don't forget, experienced traders also recommend subscribing to our Telegram signals for timely updates. Happy trading!
