Long trade
30min TF overview
Trade Breakdown โ Buy-Side (EUR/GBP)
๐
Date: Wednesday, April 9, 2025
โฐ Time: 4:00 AM (Tokyo to London Session Overlap)
๐ Pair: EUR/GBP
๐ Trade Direction: Long (Buy)
Trade Parameters:
Entry Price: 0.85672
Take Profit (TP): 0.86354 (+0.80%)
Stop Loss (SL): 0.85503 (-0.20%)
Risk-Reward Ratio (RR): 4.04
Buy-Side Opportunity During Tokyo-London Transition:
Trying to capitalise on pre-London liquidity grab, signalling a bullish continuation from Asia session consolidation.
EURGBP.P trade ideas
EUR-GBP Bullish Bias! Buy!
Hello,Traders!
EUR-GBP is trading in a
Strong uptrend and the pair
Made a bullish breakout of
The key horizontal level
Of 0.8623 then surged
Further up and is now
Making a local bearish
Correction so we are
Bullish biased and after
The retest of the new
Support level we will be
Expecting a further
Bullish move up
Buy!
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EUR/GBP 1H Analysis โ Bearish Setup๐ Timeframe: 1 Hour
๐ฑ Pair: EUR/GBP
๐ Entry: 0.86129
๐ฏ TP (Take Profit): 0.84807
๐ SL (Stop Loss): 0.86565
๐ Risk-Reward: ~1:3.2
๐ง Trade Idea:
This is a Fib-based reversal setup following a strong bearish leg. Price retraced back into a key supply zone, lining up perfectly with:
๐น 61.8% - 88.6% Fib Retracement
๐น Prior structure resistance
๐น Bearish reaction from 0.86626 high
๐ Key Levels:
Fib Retracement Zone: 0.86079 โ 0.86463
Major Resistance: 0.86626 (Previous high)
Key Support/TP Zone: 0.84807 (-27% Fib Extension)
๐ฅ Trade Execution:
๐ป Entered short at 0.86129
๐ Targeting the extension zone near 0.84800, which aligns with the projected bearish continuation move.
๐ SL just above 88.6% Fib and structure at 0.86565
EURGBP INTRADAY corrective pullback supported at 0.8450EUR/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: 0.8450 โ previous consolidation range and pivotal support
Upside Targets:
0.8576 โ initial resistance
0.8616 and 0.8650 โ extended bullish targets on higher timeframes
A bullish reversal from 0.8450 would suggest continuation of the uptrend, confirming buying momentum.
However, a decisive break and daily close below 0.8450 would invalidate the bullish structure, opening the door for further retracement toward 0.8417, with additional support at 0.8400 and 0.8373.
Conclusion
EUR/GBP remains bullish above 0.8450. A bounce from this level supports further gains toward 0.8576. A close below 0.8450 would shift the outlook bearish, exposing downside risk toward 0.8373.
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.
EUR/GBP Breakdown from Rising Channel | Reversal in Motion๐ Technical Analysis: EUR/GBP just broke out of a clear rising channel on the 1H chart with a strong bearish engulfing candle, signaling an early reversal.
Price failed to maintain momentum above 0.8662 (previous high/resistance)
Massive rejection at the top of the channel, followed by a sharp sell-off
Entry at ~0.8583, SL above highs at ~0.8670, TP targeting near 0.8320 (previous demand zone)
Clean 2.5+ RRR setup ๐
๐ Fundamentals Supporting Bearish Bias:
GBP Strengthening: Hawkish tone from the Bank of England with expectations of delayed rate cuts, supporting GBP bullishness
EUR Weakness: Euro pressured due to weaker German data and growing expectations that the ECB may cut rates earlier than the Fed/BOE
Recent UK Services PMI also came in stronger than expected, giving a further boost to the pound
Market sentiment shifting toward GBP over EUR due to diverging policy outlooks
๐ Trade Setup Recap:
Trade Type: Instant Sell
Currency: EUR/GBP
Entry Price: 0.8583
TP: 0.8320
SL: 0.8670
Risk:Reward: ~1:2.6
Key Reason for Entry: Rising channel breakdown + strong bearish rejection + fundamental GBP strength
๐ Key Chart Note (for overlay):
โChannel Break + Fundamental Divergence = Sell Setup โ
โ
EURGBP SELL TRADE PLAN๐ฅ EUR/GBP TRADE PLAN
๐
Date: 08 April 2025
๐ Format: Institutional 0.01% Precision
๐ Plan Type:
Main Swing Trade
๐ Bias & Trade Type:
Bearish Swing Continuation
๐ฐ Confidence Level: โญโญโญโญ (80%)
Reasons / Confluences:
โ D1 lower high structure holding
โ H4 bearish OB + FVG overlap
โ Volume absorption at premium
โ EUR weak vs GBP in macro sentiment
๐ Status:
Price nearing Primary Sell Zone โ Waiting for Confirmation
No active entry yet. No H1 bearish trigger candle seen.
๐ Entry Zones:
๐ง Secondary Sell Zone: 0.8575 โ 0.8590
(Deeper premium liquidity sweep + FVG + HTF inducement)
โ Stop Loss:
Above 0.8610
(Cleans structural high and invalidates OB stack)
๐ฏ Take Profits:
TP1: 0.8470 โ intraday reaction level
TP2: 0.8415 โ HTF demand base
TP3: 0.8355 โ D1 swing low
๐ Risk:Reward:
Minimum R:R = 1:3.1 from Primary Entry
Higher R:R if entry refined via confirmation
๐ง Management Strategy:
โ Enter only on H1 bearish rejection
โ Move SL to BE after TP1 is hit
โ Secure 50โ70% at TP2
โ Let TP3 run with trailing stop
โ Optional re-entry if zone retests with volume drop-off
โ ๏ธ Confirmation Criteria:
โ H1 bearish engulfing or pin bar inside the zone
โ M15 RSI divergence or trendline break
โ Volume drop-off / absorption candle at EMA + OB
โ Optional M30 BoS flip for added entry precision
โณ Validity:
Valid for 24โ48 hours
Plan invalid if price closes above 0.8610 on H4
๐ Fundamentals:
โ GBP supported by stable macro outlook
โ No major EU/UK red news in 24h window
๐ Final Summary:
Looking to short EURGBP on clean reaction from 0.8575โ0.8595 with confirmation. Structure, macro, and volume aligned. High-probability swing entry with clean downside room. Only execute with LTF trigger.
EURGBP Is Going Down! Sell!
Take a look at our analysis for EURGBP.
Time Frame: 1D
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is on a crucial zone of supply 0.855.
The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 0.846 level.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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EUR/GBP SHORT FROM RESISTANCE
Hello, Friends!
EUR-GBP uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 0.852 area still presents a good opportunity for us to sell the pair because the resistance line is nearby and the BB upper band is close which indicates the overbought state of the EUR/GBP pair.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
โ
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Death of the POPE and Economic Impact
Hi, I'm trader Andrea Russo and today I want to talk to you about an event that has deeply shaken the world: the death of Pope Francis.
Pope Francis, born Jorge Mario Bergoglio, was the first Latin American pontiff and the first Jesuit to hold the role of Pope. Born in Buenos Aires in 1936, he dedicated his life to serving the Church and those most in need. His pontificate, which began in 2013, was characterized by a strong commitment to social justice, peace and environmental protection. He has always tried to bring the Church closer to the faithful, promoting a message of love, humility and inclusion.
The death of Pope Francis, which occurred on April 21, 2025, left a huge void not only in the Catholic Church, but also in the hearts of millions of people around the world. His charismatic figure and his commitment to human rights and social justice have had a significant impact on many aspects of global society.
Pope Francis has been a spiritual leader who has been able to speak to the hearts of people, regardless of their faith. He has addressed complex issues such as the refugee crisis, climate change and global poverty, always seeking solutions that promote human dignity and solidarity. His encyclical "Laudato si'" has been an urgent call to the international community to take care of our common home, planet Earth.
Now, let's analyze how the death of Pope Francis could affect the stock market and forex. The passing of such an influential figure can generate uncertainty and volatility in the financial markets. Investors may react with caution, waiting to see how the Church will manage the transition and who will be the next Pope. In addition, the Jubilee of 2025, which is underway, could undergo organizational changes, affecting tourism and the economy of Rome.
In the short term, there may be some instability in the markets, with fluctuations in the values โโof currencies and stocks linked to sectors influenced by the Catholic Church. However, in the long term, stability could be restored once the new Pope is elected and the Jubilee celebrations continue.
The death of Pope Francis could also have repercussions on the bond market. Investors could seek refuge in safer assets, such as government bonds, increasing demand and influencing yields. In addition, companies operating in the religious tourism sector could see a temporary drop in bookings, impacting their profits.
Let's now analyze the currency pairs that could be affected by this event:
EUR/USD: The euro/dollar pair could see increased volatility, especially considering the importance of the Vatican and Rome in the European economy. Uncertainties related to the Jubilee and religious celebrations could affect the value of the euro.
EUR/GBP: The euro/pound pair could also be affected, as many pilgrims and tourists from the UK could change their travel plans, affecting the flow of capital between the two regions.
USD/JPY: The dollar/yen pair could see significant movements, as Japanese investors tend to seek refuge in safe assets such as the US dollar in times of global uncertainty.
EUR/CHF: The euro/Swiss franc pair could be affected by European investors' search for stability. The Swiss franc is often considered a safe haven in times of volatility.
Another crucial aspect will be the day of the election of the new Pope. The Conclave, which will take place between May 6 and 11, 2025, represents a moment of great expectation and hope for millions of faithful around the world. During this period, the cardinal electors will gather in the Sistine Chapel to vote for the successor of Pope Francis. The white smoke, announcing the election of the new Pope, will be a sign of stability and continuity for the Catholic Church.
On the day of the election, there is likely to be increased volatility in financial markets. Investors may react quickly to the news, trying to anticipate the economic and political implications of the new pontificate. Currencies and stocks linked to sectors influenced by the Catholic Church could see significant movements, with possible trading opportunities for those who are able to correctly interpret the market dynamics.
In conclusion, the death of Pope Francis is a major event that will have not only spiritual and social repercussions, but also economic ones. Investors should carefully monitor the developments and adapt their strategies based on the new dynamics that will emerge.