Get started

Euro / British Pound

No trades
See on Supercharts
Overview News
Ideas
Discussions Technicals Seasonals Economic Calendar

EURGBP trade ideas

EURGBP POSSIBLE SELL?The market is currently testing the current Weekly area. Based on Daily and 4HR TF, the market seems to be forming a possible reversal pattern which could lead to a possible reversal. We could see SELLERS coming in strong should the current level hold. Disclaimer: Please be advised that the information presented on TradingView is solely intended for educational and informational purposes only.The analysis provided is based on my own view of the market. Please be reminded that you are solely responsible for the trading decisions on your account. High-Risk Warning Trading in foreign exchange on margin entails high risk and is not suitable for all investors. Past performance does not guarantee future results. In this case, the high degree of leverage can act both against you and in your favor.
Short
by WiLLProsperForex
EURGBP Expected Growth! BUY! My dear friends, EURGBP looks like it will make a good move, and here are the details: The market is trading on 0.8412 pivot level. Bias - Bullish Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market. Goal - 0.8437 About Used Indicators: Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis ——————————— WISH YOU ALL LUCK
Long
by AnabelSignals
1
EURGBP - Euro is recovering!?The EURGBP pair is below the EMA200 and EMA50 on the 4-hour timeframe and is moving in its ascending channel. The pair’s continued rise towards the supply zone will provide a selling position with a good risk-reward ratio. In case of a downside correction, we can buy in the demand zone. The Eurozone composite PMI rose from 49.6 to 50.2. Although this figure exceeds expectations, it still reflects a stagnant economy with the manufacturing sector in recession. While price pressures are once again on the rise, it appears that weak growth remains the primary concern, as the European Central Bank (ECB) prepares for further interest rate cuts. In the manufacturing sector, the production index increased from 44.3 to 46.8, which still indicates contraction but at a slower pace. Meanwhile, the services sector, which remains the main driver of growth, saw a slight dip in business activity PMI from 51.6 to 51.4. Overall, the Eurozone economy appears to be hovering near stagnation. Economic growth continues to face challenges due to weak international demand. Export orders are still declining, and with U.S. tariffs on Eurozone manufacturing rising again, the outlook remains bleak. Interestingly, however, optimism among manufacturers improved in January, suggesting businesses are counting on growth recovery throughout the year. We believe this expectation is reasonable but mainly driven by stronger domestic demand. The ECB has been gradually lowering interest rates since June 2024, and this trend is expected to continue into 2025. ECB President Christine Lagarde reiterated this gradual approach during the Davos summit this week. However, some investors are hoping for a 0.5% rate cut in January’s meeting. This scenario, though, seems unlikely, as inflation in the services sector remains around 4%, and wage growth has reached its highest level in three decades. At the same time, concerns about the Eurozone’s economic growth have increased due to political unrest in France and Germany, declining exports linked to China’s weak economy, and the potential for new tariffs imposed by Donald Trump. Nevertheless, the situation is not severe enough to prompt the ECB to accelerate rate cuts. The ECB is expected to lower rates by 0.25% in Thursday’s meeting, with Lagarde likely sticking to her recent policy stance. Investors will be watching closely for new clues about any disagreements within the ECB’s Governing Council and policymakers’ views on the neutral rate. If Lagarde does not rule out the possibility of more aggressive rate cuts in the future, the euro could face downward pressure. A larger potential risk lies in new developments on the tariff front, especially if Trump makes statements about imposing trade restrictions on the EU. Additionally, Thursday’s initial GDP estimate for Q4 2024 in the Eurozone could trigger market reactions. These figures could significantly influence market expectations and the euro’s trajectory.
Short
by Ali_PSND
EURGBP - following the trend (down)Well, this one says it all. Why complicate things when the market is saying it is simple? To me, this one seems clear (now, at this time, today! No crystal balls here). - Downward channel with good top nd medium levels, missing well defined two separated price points for a clear support line. - Clear and strong reaction to resistance last week. - Price consolidated for quite a number of hours and seems to be breaking out in the 1H chart. Potential move to 0.823 deserves an 8 on my EP scale. NB: my EB scale is just a personal 1 to 10 conviction rate of my edge in each trade
Short
by Taguspt
EUR/GBP - Monthly OutlookThis in my own opinion is one of my strongest Monthly Outlooks so far. Let me explain HTF - This chart can how a very strong fast Bullish push towards the Upside ALTHOUGH, HTF's do suggest Bearish movements. Sells in this market are currently proffered due to the Monthly time line being Bearish. On the weekly and the Daily we are waiting for price to fall a bit before continuing this bullish leg. Higher TF's suggest this pullback could be part of a correctional stage of Elliot's wave. Im looking for price to return into the 50% range on the Fib to fall into a discount stage before looking to buy. Due to recent Price action there isnt a huge amount of information. We have two possible buy locations marked out, we also have our OTE zone marked out that is between those two entry models. Lower Timeframes here so far are pretty basic. I expect price in the lower timeframes to give us a bit more clarity further into the month when price returns into the HTF Imbalance which may give us a little bit of choppy price action. This may help us determine some entries without the guess work currently other than an OTE zone and two Demand zones. I will keep this Outlook Update further into this trading month. Goodluck to the traders that follow.
by jamesibartram
EUR/GBPA **falling wedge** is a bullish chart pattern that forms as the price moves between two downward-sloping, converging trendlines. It indicates weakening bearish momentum and often precedes an upward breakout. The breakout, confirmed by a price move above the upper trendline (often with increased volume), signals a potential bullish reversal or continuation. The price target is typically calculated by adding the height of the wedge to the breakout point. While commonly bullish, traders should confirm the breakout before acting.
Long
by B9A-88652-NisarAhmad
EUR/GBP: PAT + VPA 11/2/2024Good morning, I will be closely observing the EUR/GBP currency pair on a daily basis, as I expect a bullish pullback or reversal to materialize in the forthcoming weeks. - 1W / Weekly Analysis: The market has recently dipped to a low of 0.839, with current support established at 0.832. The price has tested the 0.832 level multiple times without breaching it, suggesting a diminished appetite for selling at this juncture. Additionally, the presence of significant wicks accompanied by relatively smaller bodies may indicate a potential selling climax. - 1D / Daily Analysis: The daily time frame reveals the formation of a double bottom pattern at the weekly support level of 0.0832. Presently, the price is retesting the recent swing high of 0.84, which represents the latest peak. The price has demonstrated its capacity to remain above the 0.84 threshold, and I anticipate a continued upward movement towards 0.846 in the upcoming weeks. OANDA:EURGBP XETR:DAX TVC:BXY ThePipAssassin
Long
by ThePipAssassin
1
EURGBP - Short SetupMy main trading principle is that the price always moves from swept liquidity levels to untouched liquidity levels. In particular case we clearly can see the following context: price swept 1D key liquidity level and left untouched level lower. But to take more statistically probable trades we should wait for some type of lower timeframe confirmation, and in this case we can notice sign of weakness (reaching the middle of the range), so potentially there is a higher probability to see price lower. Your success is determined solely by your ability to consistently follow the same principles.
Short
by Maks_Klimenko
Could the price drop from here?EUR/GBP is rising towards the pivot which has been identified as a pullback resistance and could drop to the 1st support which is a pullback support. Pivot: 0.8434 1st Support: 0.8391 1st Resistance: 0.8473 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Short
by ICmarkets
Euro-pound’s upward momentum seems to be decliningConsidering monetary policy alone, it seems questionable whether euro-pound’s recent strong gains are sustainable since the current difference in rates of 1.75% in favour of the pound probably won’t shrink more than 0.2 or 0.3% this year. That said, sentiment on the pound has deteriorated markedly in recent weeks as the British government’s borrowing has accelerated, inflation in the UK declined and the economy was overall stagnant in the third quarter of 2024. A gain of more than 1.5p by EURGBP in only about a fortnight is quite unusual. 84.5p was the area of the high at the very end of October last year, so this seems to be more established now as a resistance with several fairly large wicks over the last several periods. The 23.6% monthly Fibonacci retracement is a long way off at around 89p. If there’s a break above the current area, last summer’s highs around 85.5p or maybe slightly higher would seem to be more realistic for the near future. Neither the 200 SMA nor the 38.2% Fibo gave notable resistance earlier this month, so it’s questionable how strong they might be as supports. A lot depends on the ECB’s press conference and preliminary inflation from the eurozone next week. This is my personal opinion which does not represent the opinion of Exness. This is not a recommendation to trade.
by Michael_Stark_Exness
Sell opportunityEUR/GBP Short Signal Entry Price: 0.84492 Target Price: 0.83277 (-1.44%) Stop Loss: 0.84781 (-0.34%) Risk/Reward Ratio: 4.2 Analysis: Technical Indicators: The price is consolidating below the resistance level of 0.84781, indicating potential rejection. EMA (252) and EMA (756) suggest a bearish trend in the medium term. Volume Profile: A high-volume node around the entry area strengthens the case for a short trade, as it represents significant price action. Setup: Downside target aligns with a strong support level around 0.83277, where buyers are expected to re-enter. The tight stop-loss ensures limited risk with an excellent risk/reward ratio. Context: Fundamental pressure on the Euro and a relatively stronger GBP may drive the price lower in the short term.
Short
by GODOCM