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British Pound / Euro

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GBPEUR trade ideas

EUR/GBP SHORT Looking into this pair I believe that due to my analysis this shows signs of a clear short incoming. Fundamentals have pointed out that the banks and institutions are long in favour of the GBP which offers higher rates for exchanges, as well as remaining table though its news releases of PMI, Inflation and Employment numbers. The EUR seeming trades well this season over the past 15 years however today this is showing signs that it is declining and no where near the seasons previously. Institutions such as banks and funds as of last Tuesday have repositioned their thesis into the GBP being the stronger suitor and there for have large LONG positions on the GBP compared to the EUR which they have sold off, or shifted their leverage to a mainly SHORT position. Monitor the charts and we could see a nice entry criteria to meet our thesis and short this pair lower.
Short
by CLMW-Trading
2
EURGBP Poised to Challenge Key Resistance LevelThe EUR/GBP currency pair is emerging from a long phase of consolidation, attempting to break through critical resistance levels driven by shifts in local euro exchange rates. Recently, the pair has shown signs of testing both wedge resistance and consolidation resistance—a potentially bullish signal after a sustained period of price stability. The initial focal point for this breakout is the resistance at 0.8346. Should the bulls successfully defend this level, it could mark the beginning of a more substantial upward move, targeting higher resistance levels between 0.838 and 0.842. This would signal a transition into a “realization phase” for the EUR/GBP, where the price progression aligns more firmly with underlying bullish momentum. Fundamentally, the broader economic landscape remains similar for both the Eurozone and the UK. Both economies face ongoing interest rate adjustments and a shared dependence on the robust dollar. However, subtle differences in sentiment are visible, as the euro shows slightly stronger buying interest among market participants. This positivity toward the euro could underpin further gains for the pair, supporting a bullish outlook if these technical thresholds are breached. Current resistance levels to monitor closely include 0.8346, followed by 0.8384 and 0.842. On the downside, support is established at 0.8316. The currency pair remains within a risk zone where a battle between buyers and sellers is underway. If buyers manage to consolidate above the recent breakout points—particularly above the critical 0.8346 mark—it could affirm a continuation of the upward trend. This consolidation above key resistance may well be the stepping stone needed to initiate a stronger bullish realization phase for EUR/GBP, as buyers seek to capitalize on the favorable technical and local sentiment indicators shaping the market outlook.
Long
by lonelyPlayer0
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.
Long
by FXCM
1
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!
Long
by RLinda
5
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.
Short
by Abderrahmane_24
BUY EURGBP for bearish trend reversal STOP LOSS : 0.8302BUY EURGBP for bearish trend reversal STOP LOSS : 0.8302 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
Long
by BALE_FX
EUR GBP SETS UP FOR A BUY-LONG:The best trades are the ones that allow you to buy low in price, sometimes even at their last leg of a short. This is what sort of happened with EUR GBP earlier today when I saw its price get so low and tempting to buy an order, but there was also a reversal setup taking place which also had momentum in the price action, something you don't often see when bargain hunting on trading. I knew that this trade would ascend and run nicely for EUR GBP because the currency combo had 2 macd's working its return to momentum, these would give an early indication of how long the currency pair might need macd to support its future growth, but it was also a chance to catch up with miserable clients and koolj. So take profit for educational purposes ate 84.30 Stop Loss: 83. Buy up until 83.50 I should go to target quickly with very little data economic today. Thanks for taking the time to read.
Long
by Easy_Explosive_Trading