Shorts for EURGBPFX:EURGBP
Previously, we mentioned about the price having potential to react off the daily swap zone after falling from the daily resistance zone. However, price gave us only about 100 pips, before failing and breaking down below the daily swap zone. Since price previously reacted off the high time frame daily resistance zone, the break below of the swap zone signals continuous push towards the downside. Currently, price has reached the demand zone and price has rebounded. This zone may be seen as insignificant because, from the bearish price action, we expect it to eventually break below the demand zone and continue the downtrend towards the daily demand zone.
EURGBP trade ideas
EUR/GBP Buy Trade Analysis – 4H Timeframe📈 Pair: EUR/GBP
🕒 Timeframe: 4-Hour
📥 Entry Price: 0.85112
🎯 Take Profit (TP): 0.86300 (approximate based on visual RR box)
🛑 Stop Loss (SL): 0.84786
🔍 Trade Setup Explanation:
Strong Support Zone: The price has bounced multiple times from the 0.84900–0.85000 support area, indicating buyer strength and market rejection of lower prices.
200 EMA Acting as Support: The blue 200-period EMA is providing dynamic support, aligning with the horizontal level and increasing the probability of a bullish move.
Bullish Reversal Candles: The recent bullish candles near support show strong buying interest, suggesting a shift in momentum.
EMA Crossover Potential: Price is testing the 50 EMA from below, and a break above could indicate a trend reversal or a deeper pullback.
RSI Confirmation: RSI has bounced from oversold levels and is now crossing above its signal line (moving average), signaling building bullish momentum.
💡 Summary:
This EUR/GBP long trade is supported by confluence of horizontal support, EMA dynamics (200 EMA support, 50 EMA pressure), and RSI bullish crossover. The setup offers a strong risk-to-reward profile with technical confirmation for a potential upside move.
EURGBP DETAILED ANALYSIS TECHNICAL AND FUNDAMENTALSEURGBP is currently trading around 0.85, having completed a successful breakout and retest of the previous resistance-turned-support level. The price action aligns with a classic bullish continuation pattern, suggesting that the pair is poised for another upward move. My target for this bullish wave is 0.88, which corresponds to the next significant resistance zone.
Technical indicators support this outlook. The formation of a falling wedge pattern on the 4-hour chart has been confirmed, with the breakout leading to a sustained upward trajectory. The retest of the breakout level has held firm, indicating strong buyer interest and the potential for continued bullish momentum.
From a fundamental perspective, the euro is gaining strength due to improved economic indicators in the Eurozone, while the British pound faces headwinds amid ongoing fiscal policy uncertainties in the UK. This divergence in economic outlooks is contributing to the euro's relative strength against the pound, further supporting the bullish case for EURGBP.
In summary, the combination of technical patterns and fundamental factors suggests that EURGBP is well-positioned for a move toward 0.88. Traders should monitor key support levels to manage risk and look for confirmation of continued bullish momentum as the pair approaches the target zone.
EURGBP head and shoulders top pattern, pay attention to the neckOn the 4-hour chart, EURGBP formed a head-and-shoulders top pattern and then fell back in a shock. Short-term bears have the upper hand. Currently, you can pay attention to the neckline near 0.8520. If the rebound is blocked, you can consider shorting. The support below is around 0.8380.
EURGBP SHORT FORECAST Q2 W18 D30 Y25EURGBP SHORT FORECAST Q2 W18 D30 Y25
Professional Risk Managers👋
Welcome back to another FRGNT chart update📈
Diving into some Forex setups using predominantly higher time frame order blocks alongside confirmation breaks of structure.
Let’s see what price action is telling us today!
💡Here are some trade confluences📝
✅Weekly order block
✅15' order block
✅Intraday bearish breaks of structure
✅Tokyo ranges to be filled
🔑 Remember, to participate in trading comes always with a degree of risk, therefore as professional risk managers it remains vital that we stick to our risk management plan as well as our trading strategies.
📈The rest, we leave to the balance of probabilities.
💡Fail to plan. Plan to fail.
🏆It has always been that simple.
❤️Good luck with your trading journey, I shall see you at the very top.
🎯Trade consistent, FRGNT X
EURGBP Short SetupEURGBP Short Setup
4H Chart Trendline Breakdown and Retest
Entry : 0.84944
Stop Loss : 0.86678
Take Profit : 0.83310
RR 1 to 1.9
Market broke below the ascending support and retested the underside of a broken trendline confluence. Bearish pressure is building as price fails to reclaim 0.85396 zone. Clean structure for continuation to the downside.
Price is now respecting lower highs with momentum shifting beneath structure. This setup targets the previous demand zone near 0.833 region where price consolidated before the last impulse up.
As long as price holds below 0.854 zone, bearish bias remains valid.
EURGBP: Long Signal Explained
EURGBP
- Classic bullish setup
- Our team expects bullish continuation
SUGGESTED TRADE:
Swing Trade
Long EURGBP
Entry Point - 0.8501
Stop Loss - 0.8468
Take Profit - 0.8557
Our Risk - 1%
Start protection of your profits from lower levels
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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EUR/GBP - Liquidity Hunt and Big Sell ScenarioThe price is expected to test the liquidity pools formed after the last downtrend and make an upward correction. Intermediate resistances are likely to be encountered in the "Small Boys" areas, but I think the real target is the upper area where the liquidity of the big players is located. After this level, a sharp sell-off (scenario #3) and deeper declines are possible. Alternative scenarios (#1 and #2) include short-term corrections and potential declines.
EURGBP INTRADAY corrective pullback supported at 0.8444EUR/GBP maintains a bullish bias, supported by the prevailing upward trend. Recent intraday movement indicates a corrective pullback toward a key consolidation zone, offering a potential setup for trend continuation.
Key Support Level: 0.8444 – previous consolidation range and pivotal support
Upside Targets:
0.8550 – initial resistance
0.8620 and 0.8715 – extended bullish targets on higher timeframes
A bullish reversal from 0.8444 would suggest continuation of the uptrend, confirming buying momentum.
However, a decisive break and daily close below 0.8444 would invalidate the bullish structure, opening the door for further retracement toward 0.8376, with additional support at 0.8350 and 0.8300.
Conclusion
EUR/GBP remains bullish above 0.8444. A bounce from this level supports further gains. Traders should watch for confirmation signals before positioning for the next move.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
EURGBP – Sell Limit Setup (Intraday Trade)Expires: 30/04/2025 06:00
Trade Summary
Type: Sell Limit
Entry: 0.8525
Target: 0.8440
Stop Loss: 0.8556
Risk/Reward Ratio: 2.74:1
Duration: Intraday
Technical View
Price is reacting to the 50% Fibonacci pullback level (0.8527), where selling has resumed.
Short-term bias remains bearish, with no clear signs of reversal.
Previous support at 0.8520 now acts as resistance, reinforced by the 20-period 4H EMA at 0.8523.
The move lower is intact, favoring a sell-on-rally approach.
Resistance: 0.8520 / 0.8548 / 0.8584
Support: 0.8487 / 0.8450 / 0.8425
Upcoming Event Risk
29/04/2025 10:00 (EU): Business & Consumer Surveys
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
EUR/GBP LONG FROM SUPPORT
Hello, Friends!
We are now examining the EUR/GBP pair and we can see that the pair is going down locally while also being in a downtrend on the 1W TF. But there is also a powerful signal from the BB lower band being nearby indicating that the pair is oversold so we can go long from the support line below and a target at 0.860 level.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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EURGBP Technical Setup: 1:3 R:R Opportunity on RetestAfter the drop to 0.8250 — a level not touched since 2022 — EURGBP rebounded to 0.8450 before starting another decline.
However, the 0.8250 support held firm once again, a higher low follow, and EURGBP eventually broke above 0.8450, confirming a double bottom pattern.
Price acceleration quickly took the pair above 0.8700, and now EURGBP is undergoing a normal correction.
The broken neckline at 0.8450 now acts as clear support.
Traders could look to buy near the 0.8450 retest, using a tight stop below the neckline, and aiming for at least a 1:3 risk-reward ratio.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.
EURGBP SHORT FORECAST Q2 W18 D29 Y25EURGBP SHORT FORECAST Q2 W18 D29 Y25
Professional Risk Managers👋
Welcome back to another FRGNT chart update📈
Diving into some Forex setups using predominantly higher time frame order blocks alongside confirmation breaks of structure.
Let’s see what price action is telling us today!
💡Here are some trade confluences📝
✅Weekly order block
✅5' order blockS
✅Intraday bearish breaks of structure
✅Tokyo ranges to be filled
🔑 Remember, to participate in trading comes always with a degree of risk, therefore as professional risk managers it remains vital that we stick to our risk management plan as well as our trading strategies.
📈The rest, we leave to the balance of probabilities.
💡Fail to plan. Plan to fail.
🏆It has always been that simple.
❤️Good luck with your trading journey, I shall see you at the very top.
🎯Trade consistent, FRGNT X
TRADING IS READING A STORY + COMMON SENSE!! All the information you need to find a high probability trade are in front of you on the charts so build your trading decisions on 'the facts' of the chart NOT what you think or what you want to happen or even what you heard will happen. If you have enough facts telling you to trade in a certain direction and therefore enough confluence to take a trade, then this is how you will gain consistency in you trading and build confidence. Check out my trade idea!!
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EURGBP Wave Analysis – 28 April 2025
- EURGBP broke support area
- Likely to fall to support level 0.8450
EURGBP currency pair recently broke the support area between the key support level 0.8525 (which stopped the previous waves iv and A) and the 38.2% Fibonacci correction of the upward impulse from February.
The breakout of the support level 0.8525 accelerated the active impulse wave i, which belongs to the C-wave of the ABC correction B from the start of April.
Given the bearish euro sentiment seen today, EURGBP currency can be expected to fall toward the next support level 0.8450.
EURGBP Will Explode! BUY!
My dear friends,
Please, find my technical outlook for EURGBP below:
The instrument tests an important psychological level 0.8496
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 - 0.8538
About Used Indicators:
Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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WISH YOU ALL LUCK
EURGBP SHORT FORECAST Q2 W18 D28 Y25EURGBP SHORT FORECAST Q2 W18 D28 Y25
Professional Risk Managers👋
Welcome back to another FRGNT chart update📈
Diving into some Forex setups using predominantly higher time frame order blocks alongside confirmation breaks of structure.
Let’s see what price action is telling us today!
💡Here are some trade confluences📝
✅Weekly order block
✅5' order blockS
✅Intraday bearish breaks of structure
✅Tokyo ranges to be filled
🔑 Remember, to participate in trading comes always with a degree of risk, therefore as professional risk managers it remains vital that we stick to our risk management plan as well as our trading strategies.
📈The rest, we leave to the balance of probabilities.
💡Fail to plan. Plan to fail.
🏆It has always been that simple.
❤️Good luck with your trading journey, I shall see you at the very top.
🎯Trade consistent, FRGNT X