EURGBP Buy IdeaOANDA:EURGBP has broken the last Lower High indicating an inception of new bullish trend. Currently, It's trading at support level which previously acted as a strong resistance. We can look for buying opportunities at premium fib levels of 38-50%Longby haider_aabbasUpdated 2
EUR-GBP Risky Short! Sell! Hello,Traders! EUR-GBP is trading in a Downtrend and was making A local bullish correction However, the pair will soon Hit a local horizontal Resistance level of 0.8440 From where we will be Expecting a further Move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!Shortby TopTradingSignals663
Break and retest set up Reasons I Favor This Trade: - Aligns with daily/weekly trends - Located in a strong retest zone - Involves a 100 EMA retest, which I prefer - Awaiting an entry point - Market performance suggests that sellers have the upper handShortby mickylewashere0
EUR_GBP RESISTANCE CLUSTER|SHORT| ✅EUR_GBP is making a Bullish rebound while Trading in a downtrend so We are still bearish baised And after the pair hits the Resistance cluster around 0.8440 Will will be expecting a Further move down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅Shortby ProSignalsFx114
EURGBP LONGEURGBP is in bullish trend after making double bottom, there is no divergence so it is likely continue up trend.Longby Trade_With_Shahbaz0
EUR/GBP trading ideaSo we can see that the price has already reversed of the green zone on the chart already. What I am looking for now is for the price to do that thing again and wait for the price to hit the green zone to go long than with a stop loss level just below the level for the chance that we do see a break of the level. Longby MaBaCapital20
EURGBP Trading Opportunity! BUY! My dear friends, Please, find my technical outlook for EURGBP below: The instrument tests an important psychological level 0.8393 Bias - Bullish Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 0.8420 Recommended Stop Loss - 0.8373 About Used Indicators: Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price. ——————————— WISH YOU ALL LUCK Longby AnabelSignalsUpdated 114
EURGBP Bullish Momentum 4H TF (Div, Dow,BOS,Trend Break)EURGBP showing bullish momentum supported by 4H bullish divergence. Price actions shows DOW HH and HL setup with BOS (Break of Structure) also supported by break of falling trendline. Entry is placed 15 pips above previous LH and TP at 1:1 R:R at FIB 78.6%. What do you think, will this setup work? Note: If you are not comfortable with TP at FIB level 78.6%, you can do TP at 61.80%. Longby Trad3WithTayyab2
EURGBP is BullishPrice has been in a downtrend for quite some time, however a big bullish RSI divergence has appeared on the four hourly time frame, indicating that bulls might be in control of the price action. Previous lower high is broken, and if the momentum sustains we can expect a bullish rally as per the Dow theory. Longby Fahad-Rafique2
Bullish EurGbpCurrently trading at dynamic resistance. Descending trendline observed waiting for break of trendline to the topside for bull ordersLongby rejoicem76Updated 444
Uptrend The price is expected to stabilize above the current support range and then the start of an uptrend. Longby STPFOREX112
EURGBP TO MAKE A MASSIVE SELL!!!Ahead of uk retail sales report coming up soon, price currently trades at 0.84155. We May experience a massive drop In price from the current market price. Shortby Cartela222
EURGBP Trade Setup following ECB Interest Rate Decision.Taking a look at the daily tf, price action closed above the last candle where we saw strong rejection following a retest of the descending support. Today the ECB also left interest rates unchanged at 4.25%. Even though this is a low risk to reward setup, I believe it has a good chance of becoming a winning trade. Longby Michael_Harding116
EURGBP Long 1HThe EUR/GBP currency pair is showing bullish momentum on the 1-hour time frame and is forming a mature bullish divergence. Additionally, there is a clear continuation pattern visible, suggesting the uptrend is likely to persist. Longby naveedashfaq1
EURGBP could continue lower, but perhaps not immediatelyThe European Central Bank (‘the ECB’) left its main rates on hold on 18 July as widely expected. Although participants seem to be expecting one or two more cuts before the end of the year, the central bank itself doesn’t have a clear intention for September’s meeting. The main reason for the ECB’s reservation is that isn’t not clear yet whether inflation is declining quickly enough to justify further cuts when, at least for now, growth isn’t a major concern. Relative to a major pair, euro-pound has been in a fairly consistent downtrend since late April and touched 10-month lows below 84p on 14 July. As for cable, though, immediate continuation is questionable due to the oversold signal from the slow stochastic. This indicator recently completed a crossover of the main line above the signal line within oversold, suggesting a bounce. ATR has also declined significantly since the middle of last month. Probably the most important data next week for EURGBP are Wednesday’s German consumer confidence and PMIs. In the absence of any very major releases until national and eurozone-wide GDP on 30 July, the overall downtrend might continue after a possible short-term bounce. This is my personal opinion which does not reflect the opinion of Exness. This is not a recommendation to trade.by Michael_Stark_Exness0
DeGRAM | EURGBP growth in the channelEURGBP is moving in a descending channel between the trend lines. The chart touched the lower boundary of the channel and then bounced off the support. We expect the growth to continue in the channel after overcoming the current resistance. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!Longby DeGRAM226
EURGBP - Forecast Main Refinancing RateForecast Main Refinancing Rate Opportunity for EURGBP. This setup trading idea is for intraday. >> TAYOR Risk Factors: 1. Market conditions, unexpected news, or external events could impact the trade. 2. Always use risk management strategies to protect your capital.Longby TREND-TITAN1
EURGBP: Bearish Continuation is Highly Probable! Here is Why: It is essential that we apply multitimeframe technical analysis and there is no better example of why that is the case than the current EURGBP chart which, if analyzed properly, clearly points in the upward direction. ❤️ Please, support our work with like & comment! ❤️ Shortby UnitedSignals333
DeGRAM | EURGBP rebound from supportEURGBP is moving in a descending channel between the trend lines. The price is moving above the lower boundary of the channel and dynamic support. The chart is above the support level, which has already acted as a rebound point. We expect a rebound after the support is retested. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!Longby DeGRAMUpdated 114
EUR/GBP at Crucial Support - Will It Hold or Break?Alright traders, let’s break down the EUR/GBP 4-hour chart On this chart, we can see that EUR/GBP is currently in a downtrend, confirmed by the descending trend line and the lower highs and lower lows pattern. The price is trading below both the 21 EMA and the 8 EMA , indicating bearish momentum. However, there is a consolidation phase happening around the 0.84076 level, where the price seems to be finding temporary support. The key levels to watch are the resistance at 0.84309 and the support at 0.83979. A breakout above the 0.84309 resistance, especially with a strong close above the 21 EMA, could signal a bullish reversal. Conversely, a break below the 0.83979 support could confirm the continuation of the bearish trend. Given the current market structure, my bias is slightly bearish, but I am open to a potential bullish reversal if we see a breakout above the resistance level.by SheenaL1
Long trade Wed 17th July 24 Buyside 7.15am 15min TF Entry LND Session AM RR 5.76 Entry 0.83894 Profit level 0.84084 (0.23%) Stop level 0.83861 (0.04%) Longby davidjulien369Updated 0
EURGBPWeekly TF The general picture shows the movement created choch and broke the structure. After breaking the structure, the price droped to retest the demand zone However, the price has rejected the zone several times Now, the posibility of uptrend will signal us by either 4h choch, bos and the retest of the demand zone in that 4h Because this is a higher Tf needs more patience. Trade safeLongby BoaNergeTrading332
EURGBP: BullishAfter making LL and LH, the instrument is in accumulation phase. Double Bottom with divergence on RSI and MACD at 1 hr time frame suggest bullish momentum. breakout of accumulation box will show bulls strength.Longby ALIHAMID0