Short trade Reason for Entry: News Driver Reuters GBP/EUR has risen nearly 2.5 cents to a 22-month high since plumbing a 1.1600 low immediately after the BoE's dovish hold on May 9. 11th June 24 5.00am 4Hr TF Sell side Entry 0.84424 Profit level 0.84079 (0.41%) Stop level 0.84710 (0.34) RR 1.21 Shortby davidjulien369Updated 2
change the trend It is expected that the price will stabilize above the Fibonacci levels and then we will witness the start of an uptrendLongby STPFOREX0
Trading Signal for EUR/GBP - Direction: BuyWe are issuing a trading signal for the EUR/GBP currency pair based on our analysis using the EASY Quantum Ai strategy. Signal Details: Enter Price: 0.84332 Take Profit: 0.84502 Stop Loss: 0.84068 Justification for Buy Signal: Our EASY Quantum Ai strategy has identified multiple factors suggesting a bullish trend for the EUR/GBP pair. 1. Technical Indicators: - Moving Averages: The short-term moving average has crossed above the long-term moving average, indicating a strong buy signal. - Relative Strength Index (RSI): The RSI is currently in the neutral zone but trending upwards, suggesting increased buying pressure without reaching overbought territory. - Support and Resistance Levels: The current enter price of 0.84332 has bounced off a strong support level, adding to the bullish sentiment. 2. Economic Factors: - Eurozone Economic Data: Recent economic data from the Eurozone has shown a surprising growth in key sectors, enhancing the demand for the Euro. - Brexit Uncertainty: Continued uncertainty surrounding Brexit negotiations has weighed on the Pound, making the Euro more attractive. 3. Market Sentiment: - Institutional Buying: There has been an uptick in institutional buying activities in the EUR/GBP market, signifying confidence in the pair's upward potential. This comprehensive analysis, validated by our EASY Quantum Ai strategy, leads us to recommend a buy position at the enter price of 0.84332. The take profit level is set at 0.84502, and the stop loss is positioned at 0.84068 to prudently manage risk. Happy Trading!Longby ForexRobotEasy0
EURGBPWe looking for buying opportunities as we have broken outside the bearish wedge resulting in buys-1H TIMEFRAMELongby officialpotego_fx5
EURGBPprice will eventually fill the gap, thus... there can be an opportunity to enter should the price at least come back to the qml. should it not come back I guess its a miss Longby Mntungwa873
Bullish divergence in EURGBP pairA bullish divergence is observed in EURGBP pair in an hourly timeframe. The new bullish trend is confirmed with the formation of new HHs and HLs and the breaking of the previous LH and LL. It is a potentially good point to take long positions.Longby wakqas123
EUR/GBP BUYERS WILL DOMINATE THE MARKET|LONG 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 0.849 level. ✅LIKE AND COMMENT MY IDEAS✅Longby EliteTradingSignalsUpdated 111
EURGPB is bullish temporarily Now Eurgpb is in down trend but it reached to the extreme downside of the channel, its expected to rebound to the level (0.8470-0.8490). In addition to this there’s a gap so it must go up to close the gap and then continues its downward direction. On the upcoming days there high impact news on Euro so be careful. Longby Zeyadabdo1
ST Bullish Bias EURGBPBeginning to share new currency pairs Not really motivated to explain, look at my analysis, use your own judgement and discretion, my analysis are only purposed to encourage your personal bias, best of luck. Have your own TP Have your own SL You will become liquidity for making bad decisions. DXY still strong overall.Longby PepeJTheTrader2
Eurgbp sellWhy? - downtrend confirmed overall - there's a clear gap which will be retested - wait for the retest close to the major zone - probably also wait for a bearish engulfing candlestick pattern Trade wisely Use proper risk management Good luck 🍀Shortby Gideonempire5
EURGBP EURGBP Entry point :- 0.84608 Stop lose :- 0.83956 Risk :- 0.50% Target 1 :- 0.8526 Target 2 :- 0.8591Longby TURTLETRADER313114
EUR GBP- Long Set up1H Tf shows sign of reversal. Have my entry / buy at 0.84238 on pull back Entry - 0.84238 Stoploss - 0.83973 TP-1 - 0.845 TP-2 - 0.84767 #Trading #Technical #Crypto #Stocks #commodities Longby BullBearBTC11
EURGBPPair : EURGBP ( Euro / British Pound ) Description : Bearish Channel as an Corrective Pattern in Short Time Frame Break of Structure Completed " 12345 " Impulsive Waves RSI - Divergence Resistance Levelby ForexDetective4
EURGBP Will Go Down From Resistance! Short! Take a look at our analysis for EURGBP. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 0.843. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 0.836 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!Shortby SignalProviderUpdated 332
EURGBP LongEUGBP price is expected to break the neckline and move upwards as there is bullish divergence Longby H2TO1
Market Analysis: EUR/GBP Poised For More LossesMarket Analysis: EUR/GBP Poised For More Losses EUR/GBP is declining and trading below the 0.8410 support level. Important Takeaways for EUR/GBP Analysis Today - EUR/GBP is declining and showing bearish signs below 0.8460. - There is a major declining channel forming with support at 0.8410 on the hourly chart at FXOpen. EUR/GBP Technical Analysis On the hourly chart of EUR/GBP at FXOpen, the pair struggled to gain pace for a move above 0.8520. The Euro settled below 0.8490 and started a fresh decline against the British Pound. There was a clear move below the 0.8470 pivot level. The EUR/GBP chart suggests that the pair settled below the 50-hour simple moving average and 0.8460. A low is formed near 0.8412 and the pair is now consolidating losses. Immediate resistance is near the 50% Fib retracement level of the downward move from the 0.8457 swing high to the 0.8412 low at 0.8435 and the 50-hour simple moving average. The next major resistance could be near the 76.4% Fib retracement level of the downward move from the 0.8457 swing high to the 0.8412 low at 0.8445. A close above the 0.8445 level might accelerate gains. In the stated case, the bulls may perhaps aim for a test of 0.8470. Any more gains might send the pair toward the 0.8490 level. Immediate support sits near 0.8410. There is also a major declining channel forming with support at 0.8410. The next major support is near 0.8380. A downside break below the 0.8380 support might call for more downsides. In the stated case, the pair could drop toward the 0.8350 support level. Trade over 50 forex markets 24 hours a day with FXOpen. Take advantage of low commissions, deep liquidity, and spreads from 0.0 pips. Open your FXOpen account now or learn more about trading forex with FXOpen. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.by FXOpen116
Check the trend The price is expected to fluctuate within the current support range. Then, according to the behavior of the price in this range, it is expected that the trend will change and we will see the beginning of the upward trend. If the price crosses the green support zone, the downward trend will continue by STPFOREX0
EURGBP: Ready for another bearish move?EURGBP: Ready for another bearish move? We can see two different corrections on the EURGBP chart. Lately it moved in very strange ways but it looks like is getting back to normality. EURGBP is about to breakout from the second correction and the chances are that it can begin a bearish movement as well. The first support and target zone will be found near 0.8370 and 0.8330 You may find more details in the chart! Thank you and Good Luck! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️Shortby KlejdiCuni118
EURGBP SHORTCompleting the EURGBP analysis The remaining targets are expected to be completed as shown. Maybe it go up again a little to area 0.84400/0.84800 Shortby SilverFox_Ideas0
EURGBP // LONG-TERM SHORTThis trade might take months and years. Long term target is at 0.72 Analysis: The failure of the Eurozone could lead to significant instability and potential breaks in the euro currency, which would have far-reaching consequences for exchange rates, including the EUR/GBP pair. Here's how this might happen and why the EUR/GBP might fall again: Economic Divergence: Significant economic divergence among member states can cause friction and weaken the economic cohesion of the Eurozone. Some countries might face severe recessions while others grow, leading to imbalances. Political Tensions: Rising nationalism and anti-EU sentiments could lead to political instability. Member states might question their participation in the Eurozone, leading to uncertainty and weakening the euro.Shortby TickmanX1
EURGBP SWING LONGAnticipating a huge swing long for eurgbp due to a descending wedge pattern on the weekly chart. There is an extended move break to the downside and a stop loss hunt completed so i am expecting a strong move from hereLongby Chathifriends334
EURGBP shorting ideaHello all Price has broke the low on JUN 10th and made a new double bottom. What I can see now is a retracement back to the discounted area to drop lower. Now we have to carefully monitor price to make a LTF flip as a confirmation. If price creates high above 0.84728. We might see a continuation to the up side. But to be sure we need have a full body closure. This pair has lots of spikes in previous movements. SL & TP you can see from my image obviously, I won't make any details here. Please trade on your own risk. Good luckShortby Badi_GunnarsUpdated 332
EURGBP Bullish (1H Div, Double Bottom)EURGBP showing bullish momentum based on 1H divergence and double bottom reversal pattern. Entry is taken at CMP with SL at the previous LL and TP at 1:1 and 1:2. What do you think, will it work?Longby halian2k4