15-11 EURGBP15-11 EURGBP We are early here. An uptrend of this pair. The current GDP growth figure from the UK is -0.1% which is a deterioration of the economy. We execute a buy here with a long range linked to it starting at 0.83470.Longby Probeleg0
eurgbp EURGBP broke the falling trend channel on the hourly basis and tested it with its 4-hour support. It will rise to the upper resistance.Longby foxforex31
EURGBPTime Frame: 1H EPT : buy _____________________ Note: After pullback search For Entery confirmations Longby INFO_Group1
EURGBP Long Trade setting up on Daily. I have been watching this one for a while now as I kept an eye on Crypto's pullback. This is a daily trade, EUR is a bit overextended to the short-side, looking to come back to reversion and a bonus bulls head n shoulders pattern on 1hr. Details of trade I will post below when the setup executes. If it ever does today.Longby Easy_Explosive_TradingUpdated 1
We see a potential long on Euro/Gbp There has been a break of bearish market structure there hence let's look for long opportunity all the way to the topby Knight_zw3
EUR/GBPOn MOnthly, ther is a Bearish Engulfing candel formation. On Weekly, Price is below 200, 50 and 20 EMA. On Daily, it touched 52 Weeks Low Support line and price is below 200, 50, and 20 EMA. On 10 Minutes, the Daily Trendline and 10 Minutes Trendline are broken. at this memnt, it's confirming this break and seems it's poised to Bearish move.Shortby Ha-Lion1
Sell EURGBP at current levels. Very weak EUR Daily EUR GBP and the pound looks to have the upper hand. It's at a double bottom and not much beneath. Shortby Easy_Explosive_TradingUpdated 0
EURGBP to find sellers at previous resistance?EURGBP - Intraday Previous resistance located at 0.8350. The lack of interest is a concern for bulls. We look for a temporary move higher. Preferred trade is to sell into rallies. We are trading at overbought extremes. Risk/Reward would be poor to call a sell from current levels. We look to Sell at 0.8345 (stop at 0.8367) Our profit targets will be 0.8290 and 0.8275 Resistance: 0.8325 / 0.8350 / 0.8375 Support: 0.8306 / 0.8295 / 0.8280 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
EURGBP: Bullish Continuation & Long Signal EURGBP - Classic bullish formation - Our team expects growth SUGGESTED TRADE: Swing Trade Buy EURGBP Entry Level - 0.8319 Sl - 0.8300 Tp - 0.8358 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️ Longby UnitedSignals112
EURGBP ENTRY IDEAOn this Pair, we are anticipating for a BUY REVERSAL, as we expect a weak POUNDS, also the EURGBP is on a STRONG DAILY DEMAND ZONE, and on the LTF price already gave us our REVERSAL FORMATION, You can add to your watch-list if this setup matches with your IDEA Longby LOVEGODFX2116
uptrendIt is expected that a trend change will be formed in the current support range and we will witness the beginning of an upward trend. Breaking and stabilizing above the resistance trend line will confirm the upward trend.Longby STPFOREX0
EURGBP, Triple Bottom at Strong Support with Bullish DivergenceMarket retesting weekly strong support level Triple Bottom type formation Bullish Divergence Buy @ CMP Target towards Weekly resistance 1 and 2 SL on break of support levelLongby itsrohansaeed7
Elliott Wave View in EURGBP Calling for More DownsideShort Term Elliott Wave View in EURGBP suggests that decline to 0.8295 on October 18, 2024 ended wave (1). Wave (2) corrective bounce is proposed complete at 0.8447 as the 1 hour chart below shows. Internal subdivision of wave (2) unfolded as a Flat Elliott Wave structure. Up from 10.18.2024 low, wave A ended at 0.8352 and wave B pullback ended at 0.8295. Wave C higher ended at 0.8447 which completed wave (2) in higher degree. Pair has turned lower in wave (3) with internal structure of an impulse. Down from wave (2), wave (i) ended at 0.8366 and wave (ii) ended at 0.8418. Wave (iii) has resumed lower as an impulse. Down from wave (ii), wave i ended at 0.8388 and wave ii ended at 0.8412. Wave iii lower ended at 0.8414 and wave iv rally ended at 0.834. Last leg wave v lower ended at 0.8305 which completed wave (iii) in higher degree. Wave (iv) corrective rally ended at 0.833. Expect pair to extend lower to end wave v of ((i)). Then it should rally in wave ((ii)) to correct cycle from 11.1.2024 high before it resumes lower. Near term, as far as pivot at 0.8447 high stays intact, expect rally to fail in 3, 7, or 11 swing for further downside.by Elliottwave-Forecast5
EURGBP long Thursday Nov 7, 2024A long on EURGBP based on interest rate differential between the Euro and the GBP. Trading is based almost entirely on technical indicators that use past price action to forecast future price action. However, the trader who ignores fundamental forces that move markets is at a disadvantage to traders who factor fundamental data into their trading decisions. The fundamental data that have the most effect on exchange rates are interest rates, which affect the perceived value of currencies. While central bank rates are not volatile, the yields on government bonds, such as the U.S. 10-year treasury note, fluctuate on all time frames in global bond markets. Those yields reflect the expectation the market has as to where future central bank rates will go. Bond yields are often a leading indicator of interest rates and of exchange rates. In the forex market, the metric that applies to a currency pair is the interest rate differential, especially the delta, or change in the interest rate differential, on various time frames. This trade shows a case where movement of the interest rate differential, expressed in basis points, in the positive direction was a leading indicator of movement of the EURGBP currency pair in the same direction. by Zee1116661
EURGBP - Trend Reversal - Falling Wedge Bullish Indicator : 1- Bullish Divergence 2- Formation of Falling Wedge Buy Stop: 0.83411 Stop loss: 0.83035 TP1 : 0.83726 TP2 : 0.84127Longby hmuhammadumer953
EURGBP WILL GROW BUYTake a look at our analysis for EURGBP. The market is trading around a solid horizontal sturcture 0.833 The above observation make me that the market will inevitably achieve 0.838 level. .. Longby GoldMarketKiller4
EURGBP BREAK and RETEST Trade Set-UpDaily timeframe shows break od trend and retest of support. Targeting 4:1 R/R Longby RichFish404111
EURGBP Will Grow! Buy! Take a look at our analysis for EURGBP. Time Frame: 12h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is trading around a solid horizontal structure 0.833. The above observations make me that the market will inevitably achieve 0.838 level. P.S We determine oversold/overbought condition with RSI indicator. When it drops below 30 - the market is considered to be oversold. When it bounces above 70 - the market is considered to be overbought. Like and subscribe and comment my ideas if you enjoy them!Longby SignalProvider112
EURGBPRSI indicates Bullish Divergence. Which means that at any time the market trend can change to HH and HL. Longby SohailChaudhary5
BUY EURGBP for bearish trend reversal STOP LOSS : 0.8295BUY EURGBP for bearish trend reversal STOP LOSS : 0.8295 Regular Bullish Divergence In case of Regular Bullish Divergence: * The Indicator shows Higher Lows * Actual Market Price shows Lower Lows We can see a strong divergence on the MACD already and There is a strong trend reversal on the daily time frame chart..... The daily time frame is showing strength of trend reversal from this strong level of Support so we are looking for the trend reversal and correction push from here ..... TAKE PROFIT : take profit will be when the trend comes to an end, feel from to send me a direct DM if you have any question about take profit or anything Remember to risk only what you are comfortable with…….trading with the trend, patient and good risk management is the key to success here Longby BALE_FX5
EURGBP - How will BOE decisions affect the pound?The EURGBP currency pair is below the EMA200 and EMA50 in the 4H timeframe and is moving in its medium-term descending channel. In case of an upward correction due to the meeting of the Central Bank of England today, we can see the supply zones and sell within those zones with appropriate risk reward. Breaking the specified support range will pave the way for this currency pair to continue its decline Britain’s Treasury Secretary, Reeves, stated that it is still too early to make changes to economic forecasts following the U.S. election. He also expressed confidence that trade flows between the UK and the U.S. will continue under Trump’s presidency, noting that during Trump’s previous term, the two nations had a strong and constructive relationship. Reeves showed optimism about Britain’s role in shaping the global economic agenda. Meanwhile, the risk of a German government collapse appears more serious than ever. The German government has entered a new phase of political crisis that could potentially lead to the final breakdown of the ruling coalition. Last Friday, a document from Germany’s Finance Minister, Christian Lindner, was leaked, outlining his plans for economic reform in Germany. This document analyzes the economic challenges facing the country and offers proposals, such as corporate tax cuts and increased working hours. With internal tensions peaking, the likelihood of government collapse has risen. ECB Vice President De Guindos stated that the European Central Bank is committed to a data-driven, meeting-by-meeting approach and is increasingly confident in achieving the 2% inflation target. Goldman Sachs, in its latest report, has lowered its GDP growth forecast for the Eurozone in 2025 to 0.8%, down from the previous forecast of 1.1%. This revision was attributed to potential threats stemming from Trump’s tariff policies following his reelection. Shortby Ali_PSND3
EURGBP| ANALYSIS | SIDEWAYS PRICE ACTION !WE ARE LOOKING AT THE EURGBP TO REBOUND 0.83697 giving us 60 pip towards the upside key support area 0.83091 if it breaks then we will see a bearish price action a 50 pip downward moment please manage your risk if you agree with my idea do not trade blindly always trade responsibly . don't rush market will always give you an opportunity by MSK-2