EURGBP: Short Trading Opportunity EURGBP - Classic bearish formation - Our team expects pullback SUGGESTED TRADE: Swing Trade Short EURGBP Entry - 0.8391 Sl - 0.8414 Tp - 0.8354 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️ Shortby UnitedSignals112
EURGBP has just started its bullish phaseafter breaking LH the trend moved upwards strongly and marked its new HH and now it is making its HL probably at the .382 fib level. Trade plan has been shown on the chart Longby faisal-1010
EURGBP BULLISHEURGBP bullish in h4 wait for retracement and to complete it C of ab=cd pattern .50% fib level is good for buynigLongby shahid7670
Change the trend It is expected that the corrective trend will form up to the specified support levels, then there will be a possibility of a trend reversal and the start of an upward trend. If the strength of the 78.6% level is broken, the continuation of the downward trend is likelyLongby STPFOREX0
EURGBPIf the analysis aligns with the market's actual direction, and the currency pair moves in the anticipated direction (up for a buy trade or down for a sell trade), the trade will likely yield a profit. The magnitude of the profit will depend on the size of the price movement, position size, and leverage used.Longby FXNestFX1
EURGBP with two probabilities for 11/1/2024This is my idea Nbr 24 after 20 ✅️ EURGBP with a high probability to make the decision for 11/1/2024 ✅️ : 🔸️If the price exceeds the green bar 🟩, with the bar closing in the hour above: there will be a high chance of entering a purchase as indicated in the chart, respecting the day, news and the stop loss. 🔸️If the price exceeds the red bar 🟥, with the bar closing in the hour below: there will be a high chance of entering a sale as indicated in the chart, respecting the day, news, and the stop loss.Shortby Abderrahmane_241
EurGbp is bullishEur/Gbp is heading down according to the Htf so i will be anticipating to take advantage of the internal structure on D1 tf that shows strong bullish momentum. I will see how it goes. Happy trading.Longby ellcothleoma020
Support test and possible ignition move in the EURGBP.EUR/GBP is sitting in a significant support area on the daily chart, marked by a descending trendline (which was broken in yesterday’s candle) and a horizontal level of support that comes all the way from 2022. Below are some key points about the pair at the moment: Horizontal Support at Lowest time since 2022: The orange line on the chart marks a critical support area, coinciding with the lowest price recorded since 2022. This horizontal support suggests a strong turning point where sellers seem to be losing steam, which could indicate a possible reversal if the price remains above this level. Bullish Engulfing Pattern: On September 30, in the daily chart a Bullish Engulfing pattern has recently formed after the price touched the support area. This pattern, characterized by a bullish candle completely engulfing the previous bearish candle, signals renewed interest from buyers and potential bullish momentum in the coming days Break of downtrend line: On September 30th, EURGBP showed the beginning of a break of a downtrend line that has been in place since August 8th. This also indicates a potential increase in buying interest in this region. Fibonacci Levels as Potential Targets: The 0.382 and 0.5 Fibonacci levels stand out as potential targets for an upward correction. The red zone near the 0.5 level (around 0.8460) is an important resistance point, which could serve as a target if the price maintains its recovery. Resistance and Support: The orange line at the 0.8339 level represents a critical support zone. On the other hand, the region near 0.8460 (0.5 Fibonacci level) is a potential resistance and target for buyers if the bullish momentum continues. Considering these factors, an upward move could occur if the price remains above the support, with a possible target for levels near 0.8460. Alternatively, a break below the horizontal support and the descending trendline could trigger renewed selling pressure, driving the price to lower levels. Watch for NonFarm Payrolls (NFP) on Friday: Traders interested in EUR/GBP should also keep an eye on the upcoming US NonFarm Payrolls (NFP) report, which is due out on Friday, November 1. This economic indicator affects the dollar directly, but it can also impact global market sentiment, influencing pairs such as EUR/GBP. A strong NFP reading could lead to an overall strengthening of the dollar, which could indirectly affect the euro and pound, while a weak reading could have the opposite effect. Disclaimer: 74% 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. Past performance is not necessarily indicative of future results. The value of investments may fall as well as rise and the investor may not get back the amount initially invested.Longby Marketscom2
Sell OpportunityTrade Idea: Sell EUR/GBP Entry: 0.83730 1st take Profit: 0.83529 2nd Take Profit: 0.83200Shortby GODOCM0
EURGBP is BullishBulls have assumed control of the price action after the emergence of bullish divergence on four hourly time frame. Previous lower high is broken successfully and if the momentum sustains then we can expect further upside in price action. Targets are mentioned on the chart. Longby Fahad-Rafique0
EUR/ GBP ! 10/31 ! resistance SELL NOW EUR/ GBP trend forecast October 31, 2024 EUR/GBP trades slightly lower near 0.8360 early Thursday in Europe, easing after gains from the previous session. However, the Euro may find support as investors reduce expectations for a large ECB rate cut in December, following stronger-than-expected economic data from the Eurozone and Germany on Wednesday. Focus now shifts to Thursday's release of the Eurozone HICP. H1 resistance - selling pressure exists in this area, besides, today's EUR news data is also predicted by experts to be bad, creating conditions for price to decrease. /// SELL EUR/GBP : zone 1.83780 - 1.83980 SL: 1.84250 TP: 60 - 120 - 200 pips (1.81980) Safe and profitable tradingShortby Moon-ForexAcademy112
EURGBP Bullish Momentum: Key Resistance at 0.84083Hello, OANDA:EURGBP has begun its bullish ascent! While the overall trend remains bearish, it’s now positioned well for additional upward movement. A key resistance level to watch is 0.84083. If the price breaks above and holds at this level, we can expect further gains! TradeWithTheTrend3344 by TradeWithTheTrend33441
Check the trend It is expected that after some fluctuation and correction, a trend change will be formed and we will witness the beginning of an upward trend. In this case, it is expected that the resistance range will be broken. If the price crosses the green support zone, the downward trend will continueby STPFOREX0
Potential buys on EURGBP Failed to break the last low it made. And thus been making new highs at 4TF, more confirmation can be gathered if it breaks the resistance it's in rn.Longby M_1234-zondo1
EUR/GBP H4 | Falling to 61.8% Fibonacci supportEUR/GBP is falling towards a swing-low support and could potentially bounce off this level to climb higher. Buy entry is at 0.8321 which is a swing-low support that aligns with the 61.8% Fibonacci retracement level support. Stop loss is at 0.8292 which is a level that sits under a multi-swing-low support. Take profit is at 0.8346 which is a multi-swing-high resistance. 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. 64% 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 (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% 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 FXCM115
EURGBP → Attempting to break through the resistance.FX:EURGBP is breaking wedge resistance and consolidation resistance after prolonged consolidation. The reason is the change of the local euro rate. If the bulls are able to keep the defense above 0.8346, then in perspective the currency pair will be able to move into the realization phase, which will allow the price to reach 0.838 - 0.842. The fundamental background for both countries is similar. The general course of interest rates reduction and dependence on the growing dollar. But the local sentiment allows pointing to a more positive mood among those willing to buy EUR. Resistance levels: 0.8346, 0.8384, 0.842 Support levels: 0.8316 The price is in the risk zone, where there is a struggle between the participants. The focus is on the buyer. If he can consolidate his positions above the previously broken wedge resistance, then above the consolidation resistance at 0.8346, it will be the beginning of realization. Regards R. Linda!Longby RLinda5526
EURGBP with two probabilities for 10/25/2024EURGBP with a high probability to make the decision for 10/25/2024 ✅️ : 🔸️If the price exceeds the green bar 🟩, with the bar closing in the hour above: there will be a high chance of entering a purchase as indicated in the chart, respecting the day, news and the stop loss. 🔸️If the price exceeds the red bar 🟥, with the bar closing in the hour below: there will be a high chance of entering a sale as indicated in the chart, respecting the day, news, and the stop loss.Shortby Abderrahmane_241
EURGBPRejection from 8 year weekly support level Doubble bottom formation Bullish Divergence Bullish Stance waiting for previous LH to break for EntryLongby itsrohansaeed1
RR=2 buy ideabullish alternate bat pattern + price bounce at stron support level tested more than 4 times : expecting the trend to reverse and break above the forme falling wedge PS : never risk more than 2% of your capital per tradeLongby slim71
EURGBP | Long Opportunity with Strong Weekly SupportI'm watching EURGBP on the weekly timeframe as it approaches a strong support zone between 0.8200 and 0.8275 . The pair is currently in a corrective trend, signaling potential upside movement once the correction completes. The support zone has historically held well, indicating a potential rebound. My stop-loss is placed at a weekly close below 0.8140 to protect against further downside. The first profit target is set at 0.8700, with the second target left open for potential extended gains depending on market conditions.Longby SRA_Trades445
EURGBP Daily longHi fellow traders, The first trade that I spot for the week. The reason why it's interesting the last candle is engulfing the last 3 candles. And it's closed above the previous support level. Wen, Thu are also the optimal trading days. There is high impact news tomorrow but I still take the trade because it's a daily setup. So If the current daily candle close like it's now I take the trade Longby FX-DiariesUpdated 3
Buy eurgbpSTRONG WEEKLY and monthly demand level Higher chances to respect it on more time Daily ,weekly and monthly oversold already Minimum target500 pips only Longby forexagent224
Progress of this EURGBP TradeI identified a double bottom a couple of days ago on the EURGBP trading chart somewhere at the middle of a bullish order block. This is supposed to indicate an upward price move but price went down and almost took me out. There's been a reversal and price seems to be going back in the original direction of my trade. I'll keep you posted on the progress of this trade.Long01:45by charles-okoukoni1