Short trade Entry 0.84714 Profit level 0.84654 (0.07%) Stop level 0.84741 (0.03%) Sellside RR 2.22 Reason - Price high 0.84775 reached Target liquidity lowShortby davidjulien369Updated 0
EURGBP BullishEURGBP has formed a falling wedge reversal pattern along with bullish divergence which indicates possible trend reversal.Longby ruba_hasan961
Possibility of uptrend According to the behavior of the price in the current resistance range, possible scenarios have been identified. It is expected that the price will stabilize above the resistance range and continue the upward trend Longby STPFOREX0
EURGBP could decline furtherI’d like to go short EURGBP. On the 4-hour chart, prices have been holding below the 200 moving average line and it looks like a three-wave correction could’ve ended at 0.8499, especially since it has been followed by a 5-wave decline. Aggressive traders could short here with a tight stop above 0.8500, while conservative traders could wait for a clear confirmation on the break below 0.8430 (the end of wave B of the correction) to enter shorts. Shortby tchamoun0
EURGBP long scalpEURGBP provided another entry opportunity. Still long, any pullback is a chance to long. Looking close off or look for shorts in the box. Its making y correction in a wxy. Longby Tradingdeck1
EUR-GBP Swing Short! Sell! Hello,Traders! EUR-GBP is trading in a Downtrend and the pair Made a bullish correction Towards the strong horizontal Resistance level of around 0.8500 But we are bearish biased So we will be expecting a Further move down In the foreseeable future Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too! Shortby TopTradingSignals223
Po3 Market accumulated then manipulated and also created the three wave pattern so we going bullish Longby kenneth_FX0
Forex Trading Signal for EUR/GBP PairDirection: Sell Enter Price: 0.84858 Take Profit: 0.8479 Stop Loss: 0.84939 We recommend a sell position for the EUR/GBP pair with an entry price at 0.84858. The target is to reach a take profit level at 0.8479, while the stop loss should be set at 0.84939. Justification for the Signal: This forecast is generated using the EASY Quantum Ai strategy, which is grounded in a robust analysis of several market factors: 1. Technical Indicators: Our strategy utilizes a combination of moving averages, RSI, and MACD to identify ideal entry and exit points. The current analysis shows bearish signals from these indicators, suggesting a downward trend. 2. Market Trends: Recent market data exhibits a pattern of lower highs and lower lows in the EUR/GBP pair, which is consistent with a declining trend. 3. Economic Data: Ongoing economic developments in the Eurozone have shown weaker-than-expected performance, which negatively impacts the euro. Conversely, the GBP has displayed relative strength due to better economic indicators in the UK. 4. Sentiment Analysis: Market sentiment analysis indicates a bearish outlook on the EUR/GBP pair due to geopolitical uncertainties and investor sentiment favoring the GBP over the EUR. By following the EASY Quantum Ai strategy, this signal aims to optimize potential gains while mitigating risks. Always ensure to monitor the market conditions, as forex trading involves significant risk. Trade safely! Disclaimer: This signal is provided for educational purposes only and is not a recommendation to buy or sell any financial instrument. Past performance is not indicative of future results.Shortby ForexRobotEasyUpdated 0
EUR/GBP Exchange Rate Analysis: Key Insights and ProjectionsThe EUR/GBP exchange rate is a crucial indicator of economic dynamics between the Eurozone and the UK. Current fluctuations are driven by economic data, monetary policy expectations, and political events, with significant implications as the UK heads into a general election. Eurozone Economic Indicators and ECB Policy Persistent disinflationary pressures in the Eurozone, with the PPI falling by 0.2% in May. ECB may cut interest rates in Q3 2024 if producer prices continue to decline, potentially weakening the euro. Services sector growth slowing, with the final services PMI for June revised down to 52.8. UK's Pre-Election Economic Environment Cautious market sentiment towards the pound due to the upcoming general election. Hopes for a stable Labour victory supporting the pound. UK's services PMI for June eased to 52.1, reflecting a slowdown influenced by election-related uncertainty. Political Impact on Exchange Rates UK election could cause short-term volatility in the GBP/EUR exchange rate. A Labour victory might boost investor confidence and support the pound, while unexpected outcomes could increase uncertainty. Political stability in France supports the euro, despite broader economic challenges. Exchange Rate Forecast The EUR/GBP exchange rate will be influenced by the UK election outcome and ongoing Eurozone economic challenges. Current trading at around 0.8465, with political and economic developments being key drivers. Conclusion The EUR/GBP exchange rate reflects economic health and political stability in both regions. The imminent UK election and Eurozone economic indicators will shape its future direction, with potential volatility expected in the short term. Shortby signalmastermind1
looking at Eurgbp to drop looking at eurgbp fpr the sell nice looking push to the buttom.Shortby buildtolast0
EURGBPI am expecting EURGBP to make a move upward as the uptrend is still intack. I expect the first lower high to be taken out before the higher high. Longby EM_Trading_CompanyUpdated 6
EURGBP The Target Is DOWN! SELL! My dear followers, This is my opinion on the EURGBP next move: The asset is approaching an important pivot point 0.8465 Bias - Bearish Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market. Goal - 0.8451 About Used Indicators: For more efficient signals, super-trend is used in combination with other indicators like Pivot Points. ——————————— WISH YOU ALL LUCK Shortby AnabelSignalsUpdated 112
EURGBP Looking BullishPrice above weekly support + Daily HL + 4Hours bullish + 4Hours Morning Star + Above 4Hours 50 EMALongby TP_Lorenzo224
EURGBP intraday rallies continue to attract sellers.EURGBP - 24h expiry Although the bears are in control, the stalling negative momentum indicates a turnaround is possible. Price action looks to be forming a top. Intraday signals are bearish. Preferred trade is to sell into rallies. Bespoke resistance is located at 0.8485. We look to Sell at 0.8485 (stop at 0.8500) Our profit targets will be 0.8445 and 0.8425 Resistance: 0.8485 / 0.8500 / 0.8515 Support: 0.8455 / 0.8440 / 0.8425 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.Shortby OANDA2
EURGBPThe ABC structure has played out... I assume this should be breaking out lower, to clear some liquidity. I guess this zone will be a perfect entry Shortby Mntungwa87112
EURGBP Will Go Down! Sell! Take a look at our analysis for EURGBP. Time Frame: 12h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a key horizontal level 0.849. Considering the today's price action, probabilities will be high to see a movement to 0.845. 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. Like and subscribe and comment my ideas if you enjoy them!Shortby SignalProviderUpdated 223
Uptrend It is expected that the corrective process will end in the support range and we will see the beginning of the upward trend. If the price crosses the green support zone, the upward trend will be canceled Longby STPFOREX0
EURGBP H4 | Bullish BounceBased on the H4 chart analysis, we can see that the price has just bounced off our buy entry at 0.8462, an overlap support close to 50% Fibo retracement. Our take profit will be at 0.8495, an overlap resistance level. The stop loss will be placed at 0.8421, a pullback support level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants. Longby FXCM5
EUR_GBP BEARISH BIAS|SHORT| ✅EUR_GBP is going down From a massive horizontal Resistance of 0.8504 and As we are bearish biased We will be expecting a Further move down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅Shortby ProSignalsFx222
EURGBP - Bearish continuation !!Hello traders! ‼️ This is my perspective on EURGBP. Technical analysis: Here we are in a bearish market structure from daily timeframe perspective, so as I mentioned in my previous analysis, price filled the imbalance and rejected from bearish order block + institutional big figure 0.85000. Like, comment and subscribe to be in touch with my content!Shortby Snick3rSD7
EURGBP long scalpEURGBP been bullish, but overall its correcting the market. So far i just see a scalp for long until the target or closer by some pipsLongby Tradingdeck0
EURGBP - short (broke support / ended ABCDE)My previous analysis showed an ABCDE corrective move as one possible outcome. This pattern is completed and we broke a support level that price has been leaning on several times before. All of this is to me indication that price will continue bearish until the red wave Y finds its end point. First after that the pair may revert to a bullish period again.Shortby Staggi10223
Will EURGBP fill the gap?It's been 7 trading days already and the gap created on 10 June remains unfilled. It's not often that we see such PA in the forex market. After trying to 'runaway' I think that this market is now inching towards filling the gap. If/when that happens I will be looking for a bearish continuation. This is not a trade recommendation. Trading carries a high level of risk, so only trade with money you can afford to lose. Anything can happen in the markets at any time. Please use sound money and risk management in all your trades. If you like my idea, please give a “boost” and follow me to get even more. Please comment and share your thoughts too!! Shortby Trading_VistaUpdated 5