EURGBP trade ideas
10.04.25 Morning ForecastPairs on Watch -
FX:EURGBP
FX:NZDCAD
FX:AUDJPY
A short overview of the instruments I am looking at for today, multi-timeframe analysis down to what I will be looking at for an entry. Enjoy!
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!!
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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
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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.
EUR/GBP Breakdown from Rising Channel | Reversal in Motion📉 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 👌
🔎 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
📌 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
📍 Key Chart Note (for overlay):
“Channel Break + Fundamental Divergence = Sell Setup ✅”
EUR/GBP LONG IDEAclear uptrend making hh's and hl's. 1hr demand zone w/ refined entry on 15min. going for a 1 to 3 but risking 1.6% because i really believe in this setup.
EURRGBP currently in correction phaseEURGBP Made 3 green candles after breaking the channel resistance and now in correction phase likely to go 0.85. let us see.
EURGBP Wave Analysis – 9 April 2025- EURGBP broke the resistance zone
- Likely to rise to resistance level 0.8700
EURGBP currency pair recently broke through the long-term resistance zone located between the resistance levels 0.8625 (multi-month high from last August) and 0.8645 (strong resistance from April of 2024).
The breakout of this resistance zone accelerated the c-wave of the active weekly upward ABC correction 4 from the end of September.
Given the strongly bearish sterling sentiment seen recently, EURGBP currency pair can be expected to rise to the next resistance level 0.8700 (earlier resistance from December of 2023).
DXY, BTCUSD, ETHUSD & EURGBP Daily Trade SetupsIn this update, we review the recent price action and identify the next high-probability trade setups and price objectives to target. To review today's video analysis, click here!
EURGBP SHORT FORECAST Q2 D9 W15 Y25EURGBP SHORT FORECAST Q2 D9 W15 Y25
Welcome back Traders! Here's my take.
We have two points of interest here. As always you know how we look into every play. It is imperative we have a turn around of price action prior getting involved even more so when the point of interest is not an order block.
My reasoning behind selection of the weekly/daily highs is simply due to how it aligns with market structure. IF we break the most recent Asia lows from that point of interest followed by a pull back into an order block that would have been created and left behind as a result. The short position will be entertained.
With the above said, in reflection I am already having second thoughts but feel free ti dive into the way I chart and analysis. Would I risk capital from simply a high? It does not seem "smart".
The above is scrapped and we must wait for price action to enter into the daily order block. Let us await a reaction from the area and again, show signs of a turn around. Await for 1'/5' break of structure and lower time frame order block creation.
THEN! We arm our capital and take the short position for what I can foresee will be a worthwhile risk to reward.
Trade well!
FRGNT X
EURGBP swing trade shortas seen I have smashed the TPs in the long position taken on this pair. however it has hit weekly SR line and created a pull back and retest and then pull back again. hopefully drops to previous support
EURGBP-09/04/2025Dear Traders.
EURGBP Now Hit resistance Area , i believe price will be start correction 0.84500 Soon
If you enjoyed this forecast, please show your support with a like and comment. Your feedback is what drives me to keep creating valuable content."
Regards,
Alireza!
EURGBP SELL TRADE PLAN🔥 EUR/GBP TRADE PLAN
📅 Date: 08 April 2025
🔒 Format: Institutional 0.01% Precision
🔖 Plan Type:
Main Swing Trade
📈 Bias & Trade Type:
Bearish Swing Continuation
🔰 Confidence Level: ⭐⭐⭐⭐ (80%)
Reasons / Confluences:
– D1 lower high structure holding
– H4 bearish OB + FVG overlap
– Volume absorption at premium
– EUR weak vs GBP in macro sentiment
📌 Status:
Price nearing Primary Sell Zone – Waiting for Confirmation
No active entry yet. No H1 bearish trigger candle seen.
📍 Entry Zones:
🟧 Secondary Sell Zone: 0.8575 – 0.8590
(Deeper premium liquidity sweep + FVG + HTF inducement)
❗ Stop Loss:
Above 0.8610
(Cleans structural high and invalidates OB stack)
🎯 Take Profits:
TP1: 0.8470 – intraday reaction level
TP2: 0.8415 – HTF demand base
TP3: 0.8355 – D1 swing low
📏 Risk:Reward:
Minimum R:R = 1:3.1 from Primary Entry
Higher R:R if entry refined via confirmation
🧠 Management Strategy:
– Enter only on H1 bearish rejection
– Move SL to BE after TP1 is hit
– Secure 50–70% at TP2
– Let TP3 run with trailing stop
– Optional re-entry if zone retests with volume drop-off
⚠️ Confirmation Criteria:
– H1 bearish engulfing or pin bar inside the zone
– M15 RSI divergence or trendline break
– Volume drop-off / absorption candle at EMA + OB
– Optional M30 BoS flip for added entry precision
⏳ Validity:
Valid for 24–48 hours
Plan invalid if price closes above 0.8610 on H4
🌐 Fundamentals:
– GBP supported by stable macro outlook
– No major EU/UK red news in 24h window
📋 Final Summary:
Looking to short EURGBP on clean reaction from 0.8575–0.8595 with confirmation. Structure, macro, and volume aligned. High-probability swing entry with clean downside room. Only execute with LTF trigger.
correction It is expected that the trend will change within the current resistance range and we will see the start of the correction trend. Then, it is expected that the upward trend will continue.
EURGBP-SELL strategy 12 hourly chart RegressionThe pair still has moved higher, but it does not deter us from adding to SHORTS... the pair is overbought and correction is needed.
Strategy SELL @ 0.8600-0.8635 and take profit near 0.8478 for now.
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.
EUR/GBP: Monthly Resistance Test, Rising Risk of PullbackEUR/GBP has recently shown a strong bullish acceleration, breaking decisively above the consolidation zone between 0.8285 and 0.8480, and reaching the monthly resistance area around 0.8580–0.8600. This zone, highlighted on the chart with a marked red and grey band, represents a historically significant selling area—already tested earlier this month and revisited again today. The strong upward expansion has been accompanied by an RSI nearing extreme levels, indicating a possible and imminent loss of bullish momentum.
From a technical perspective, the current setup reveals an active supply zone that could trigger a pullback, especially if the price fails to close decisively above the weekly and monthly highs. Potential profit-taking may drive the pair back toward the intermediate balance zone around 0.8450–0.8480, which would serve as the first dynamic support level. Only a clear and confirmed breakout above 0.8600 would open the door for further bullish continuation, with targets toward 0.8650 and beyond.
Strategically, caution is advised at this stage: traders already long may consider scaling out near resistance, while those eyeing short entries could find opportunities on reversal signals or confirmation of rejection from the current zone.
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.
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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 👩💻
Trade outlook 4-8-25Trade outlook 4-8-25 In this video i wil show my friend what i am gonna trade for today
EURGBP Discretionary Analysis: Dive Time, No Life Jacket NeededIt’s dive time, no life jacket needed, just that instinct telling me it’s going down.
You know that feeling when you’re about to jump in, but you’ve got no backup? That’s the vibe here.
I’m calling for a deep dive, and I’m riding it all the way. If I’m right, I’ll be making a splash with some profits. If not, I’ll just float back up and try again.
Just my opinion, not financial advice.
