EURGBP Analysis: Two Daily POIsHello traders!
EURGBP is offering two trading scenarios on the daily timeframe.
The first scenario suggests the pair may react bullishly from the next zone, setting up a bounce opportunity that could drive price higher toward the 0.84400 area.
The second scenario anticipates a bounce toward the 0.83800 area, where a mean reversion setup may come into play (if buyers step in and price action confirms bullish intent near that support).
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EURGBP trade ideas
EUR/GBP - Blue Box is Strong SupportIn our recent EUR / GBP analysis we observed a substantial 226‑pip decline from the peak.() Price has now settled into the blue‑boxed support area, a level at which previous pullbacks found buyers and genuine value emerged.
It follows, then, that if price can break above the nearby red‑boxed resistance on lower‑time‑frame charts, with clear follow‑through rather than a fleeting spike, a long position would be entirely reasonable. Such a breakout would signal that demand has overcome supply pressure, restoring the upward trend in a disciplined, verifiable way.
Throughout our work, we have never relied on guesswork or emotion. Every level is chosen through careful study of price behavior and hard data, and our methodology has consistently delivered high accuracy as a result. In the spirit of prudent analysis, we ask only for confirmation of these key levels before committing capital, an approach that has served us well and should serve our followers equally.
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EURGBP BULLISH OR BEARISH DETAILED ANALYSISEURGBP is currently respecting a well-defined rising channel structure on the daily timeframe, and the pair has just delivered a strong bounce off the lower trendline support. This fresh reaction suggests renewed bullish momentum from the bulls stepping in at a key zone. The current price is hovering around 0.84–0.8450, and I’m targeting a move towards the 0.87 area, aligning perfectly with the upper boundary of the channel and a clean resistance level from previous market structure.
From a fundamental standpoint, euro sentiment is being supported by sticky inflation across the Eurozone. The ECB remains cautious with any premature easing, with policymakers signaling a data-dependent approach to rate cuts. Meanwhile, the UK economy is under pressure after the latest GDP figures confirmed weak growth, adding weight to the Bank of England’s dovish leanings. Traders are now increasingly pricing in rate cuts from the BOE in the coming quarter, creating a clear divergence in monetary policy outlooks — a bullish driver for EURGBP.
This technical setup is further reinforced by bullish candlestick formations on the daily chart, signaling a potential reversal from recent weakness. RSI is bouncing off mid-levels, and there's early crossover potential in MACD favoring upward momentum. Price has also reclaimed key support near 0.8400, now likely to act as a floor going forward. As long as price remains above this zone, the path of least resistance remains to the upside.
With this combination of a rising channel pattern, supportive euro fundamentals, and GBP macro weakness, EURGBP presents a high-probability long opportunity. I remain bullish on this pair with a clean 0.87 target in view. Momentum is building, and this setup fits perfectly into a swing trading model with trend continuation potential.
EURGBP Potential Bullish Reversal OpportunityEURGBP price action seems to exhibit signs of a potential Bullish Reversal on the shorter timeframes if the price action forms (and sustains) a credible Higher High with multiple confluences from key Fibonacci and Support levels.
Trade Plan :
Entry @ 0.8459
Stop Loss @ 0.8375
TP 0.9 - 1 @ 0.8534 - 0.8540
EUR/GBP Caper: Bearish Breakout Blueprint!🌍 Greetings, global money heisters! 🌟 Welcome to the EUR/GBP "Chunnel" Forex Market caper! 🤑💸
Dear traders and fortune chasers, get ready to execute our cunning plan based on the 🔥 Thief Trading Style 🔥, blending sharp technicals with savvy fundamentals. Our mission? A slick short entry targeting the high-risk Support Zone. The market’s oversold, consolidation’s brewing, and a trend reversal’s lurking—perfect for our ambush! 🏆🎯 Here’s the blueprint to steal those pips! 🚀
Entry 📈: The heist kicks off at the Major Support breakout. Lock in your sell at 0.84000 for bearish gains! 💰 For precision, set sell stop orders above the Moving Average or sell limit orders post-breakout within a 15/30-minute window near the swing low/high for pullback entries. 📌 Pro tip: Set a chart alert 🚨 to catch the breakout moment!
Stop Loss 🛑: Stay sharp, crew! For sell stop orders, hold off on placing your stop loss until the breakout confirms. 📍 Place it at the nearest swing high/low on the 4H timeframe (0.84400) for swing/day trades. Adjust based on your risk, lot size, and multiple orders. Play smart—your capital, your rules! ⚠️🔥
Target 🎯: Aim for 0.83500 or slip out early if the market whispers an escape. 🏃♂️💨
💵 Why’s the Chunnel ripe for the taking? The EUR/GBP’s in a bearish groove, driven by key market signals. Curious? Dive into the fundamentals, COT reports, sentiment, and intermarket analysis for the full scoop! 🌎🔗 Check linkk macro trends and future targets & overall score. 📊
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Happy heisting, and let’s make those charts bleed green! 💪🌟
EURGBP SHORT FORECAST Q2 W20 D16 Y25EURGBP SHORT FORECAST Q2 W20 D16 Y25
Professional Risk Managers👋
Welcome back to another FRGNT chart update📈
Diving into some Forex setups using predominantly higher time frame order blocks alongside confirmation breaks of structure.
Let’s see what price action is telling us today!
💡Here are some trade confluences📝
✅Weekly order block
✅15' order block
✅Intraday bearish breaks of structure
✅Tokyo ranges to be filled
🔑 Remember, to participate in trading comes always with a degree of risk, therefore as professional risk managers it remains vital that we stick to our risk management plan as well as our trading strategies.
📈The rest, we leave to the balance of probabilities.
💡Fail to plan. Plan to fail.
🏆It has always been that simple.
❤️Good luck with your trading journey, I shall see you at the very top.
🎯Trade consistent, FRGNT X
EURGBP SHORT FORECAST Q2 W20 D15 Y25EURGBP SHORT FORECAST Q2 W20 D15 Y25
Professional Risk Managers👋
Welcome back to another FRGNT chart update📈
Diving into some Forex setups using predominantly higher time frame order blocks alongside confirmation breaks of structure.
Let’s see what price action is telling us today!
💡Here are some trade confluences📝
✅Weekly order block
✅15' order block
✅Intraday bearish breaks of structure
✅Tokyo ranges to be filled
🔑 Remember, to participate in trading comes always with a degree of risk, therefore as professional risk managers it remains vital that we stick to our risk management plan as well as our trading strategies.
📈The rest, we leave to the balance of probabilities.
💡Fail to plan. Plan to fail.
🏆It has always been that simple.
❤️Good luck with your trading journey, I shall see you at the very top.
🎯Trade consistent, FRGNT X
OK, LONG TERM BULLISH, BUT BUT BUT, LET COLLECT SOME MONEY!EURGBP SHORT FORECAST Q2 W21 Y25
OK, LONG TERM BULLISH, BUT BUT BUT, LET COLLECT SOME MONEY BEFORE THE LONG MOVE! ITS THERE FOR THE TAKING !!!!!!!
Professional Risk Managers👋
Welcome back to another FRGNT chart update📈
Diving into some Forex setups using predominantly higher time frame order blocks alongside confirmation breaks of structure.
Let’s see what price action is telling us today!
💡Here are some trade confluences📝
✅Weekly order block
✅15' order block
✅Intraday bearish breaks of structure
✅Tokyo ranges to be filled
🔑 Remember, to participate in trading comes always with a degree of risk, therefore as professional risk managers it remains vital that we stick to our risk management plan as well as our trading strategies.
📈The rest, we leave to the balance of probabilities.
💡Fail to plan. Plan to fail.
🏆It has always been that simple.
❤️Good luck with your trading journey, I shall see you at the very top.
🎯Trade consistent, FRGNT X
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.
EURGBP SHORT FORECAST Q2 W21 D21 Y25EURGBP SHORT FORECAST Q2 W21 D21 Y25
Professional Risk Managers👋
Welcome back to another FRGNT chart update📈
Diving into some Forex setups using predominantly higher time frame order blocks alongside confirmation breaks of structure.
Let’s see what price action is telling us today!
💡Here are some trade confluences📝
✅Weekly order block
✅15' order block
✅Intraday bearish breaks of structure
✅Tokyo ranges to be filled
🔑 Remember, to participate in trading comes always with a degree of risk, therefore as professional risk managers it remains vital that we stick to our risk management plan as well as our trading strategies.
📈The rest, we leave to the balance of probabilities.
💡Fail to plan. Plan to fail.
🏆It has always been that simple.
❤️Good luck with your trading journey, I shall see you at the very top.
🎯Trade consistent, FRGNT X
EURGBP SHORT FORECAST Q2 W21 D20 Y25EURGBP SHORT FORECAST Q2 W21 D20 Y25
OK, LONG TERM BULLISH,
BUT BUT BUT, LET COLLECT SOME MONEY BEFORE THE LONG MOVE!
ITS THERE FOR THE TAKING !!!!!!!
Professional Risk Managers👋
Welcome back to another FRGNT chart update📈
Diving into some Forex setups using predominantly higher time frame order blocks alongside confirmation breaks of structure.
Let’s see what price action is telling us today!
💡Here are some trade confluences📝
✅Weekly order block
✅15' order block
✅Intraday bearish breaks of structure
✅Tokyo ranges to be filled
🔑 Remember, to participate in trading comes always with a degree of risk, therefore as professional risk managers it remains vital that we stick to our risk management plan as well as our trading strategies.
📈The rest, we leave to the balance of probabilities.
💡Fail to plan. Plan to fail.
🏆It has always been that simple.
❤️Good luck with your trading journey, I shall see you at the very top.
🎯Trade consistent, FRGNT X
EURGBP downtrend continuation below 0.8440Trend Overview:
EUR/GBP remains in a longer-term bearish trend, with recent price action aligning with the prevailing downward momentum.
Key Resistance Level:
0.8440 – Recent swing high and critical resistance. A pivotal level to watch for near-term direction.
Key Support Levels:
0.8390 – Initial support target on bearish rejection.
0.8375 – Secondary support, aligning with previous consolidation zone.
0.8350 – Longer-term support and potential bearish extension target.
Scenario 1: Bearish Rejection at 0.8440
An oversold rally into the 0.8440 resistance level followed by bearish rejection would likely confirm the continuation of the broader downtrend. In this case, sellers may target:
First support: 0.8390
Then: 0.8375
Ultimately: 0.8350 over the longer timeframe.
Scenario 2: Bullish Breakout Above 0.8440
A confirmed breakout and daily close above 0.8440 would invalidate the bearish bias. This would shift sentiment toward a more bullish short-term outlook, opening the path for:
Immediate resistance: 0.8460
Followed by: 0.8480
Conclusion:
The bias remains bearish as long as EUR/GBP trades below the key resistance at 0.8440. A rejection from this level would reinforce the downtrend and bring 0.8390–0.8350 into focus as downside targets. However, a daily close above 0.8440 would be a technical reversal signal, with scope for a bullish extension toward 0.8480.
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.
The Day AheadKey Economic Data, Market Moving Potential:
United States
University of Michigan Consumer Sentiment (May, preliminary) – Key for gauging consumer confidence & inflation expectations.
Building Permits & Housing Starts (April) – Important for housing market outlook and economic momentum.
Import/Export Prices (April) – Monitors inflation pressure from trade.
TIC Flows (March) – Shows foreign investment in US securities.
NY Fed Services Business Activity – Insight into the services sector strength in the NY region.
Japan
Q1 GDP – Key read on Japanese economic performance.
Eurozone / Italy
Eurozone & Italy Trade Balance (March) – Relevant for EUR strength and trade dynamics.
Canada
International Securities Transactions (March) – Tracks foreign demand for Canadian assets.
Central Bank Speakers:
Fed’s Barkin (Hawkish/Dovish tone watch)
BoJ’s Nakamura (Policy outlook)
ECB’s Lane (Eurozone inflation/growth views)
BoE’s Lombardelli (UK economic commentary)
Watch for rate path clues and policy sentiment shifts.
Earnings:
Cie Financière Richemont (Luxury sector pulse – could affect European equities & sentiment)
Other:
European Commission Spring Economic Forecasts
Could impact EUR and EU equity markets depending on growth/inflation projections.
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 BEST PLACE TO BUY FROM|LONG
Hello, Friends!
We are now examining the EUR/GBP pair and we can see that the pair is going down locally while also being in a downtrend on the 1W TF. But there is also a powerful signal from the BB lower band being nearby indicating that the pair is oversold so we can go long from the support line below and a target at 0.854 level.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
✅LIKE AND COMMENT MY IDEAS✅
EURGBP Technical & Order Flow AnalysisOur analysis is based on multi-timeframe top-down analysis & fundamental analysis.
Based on our view the price will fall to the monthly level.
DISCLAIMER: This analysis can change anytime without notice and is only for assisting traders in making independent investment decisions. Please note that this is a prediction, and I have no reason to act on it, and neither should you.
Please support our analysis with a boost or comment!