EUR/GBP : From Drop to Pop !!Hey Traders,
Price is showing signs of a potential shift after holding a key demand zone. If structure confirms, we could see a bullish move toward the next major level.
🎯 Target: 0.84335
📌 (Not financial advice)
#EURGBP #ForexSetup #BullishBias #PriceAction #SmartMoney #TechnicalAnalysis #EuroPound #FXTrading
GBPEUR trade ideas
EURGBP: Bears Will Push
Remember that we can not, and should not impose our will on the market but rather listen to its whims and make profit by following it. And thus shall be done today on the EURGBP pair which is likely to be pushed down by the bears so we will sell!
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
❤️ Please, support our work with like & comment! ❤️
The Day Ahead Key Economic Data
United States
Richmond Fed Manufacturing Index (May)
Insight into regional manufacturing. Weak data may increase rate cut expectations.
Dallas Fed Services Activity
Measures service sector strength; can affect Fed rate outlook.
Germany
Unemployment Claims Rate (May)
Higher unemployment could support a more dovish ECB.
Import Price Index (April)
Key for inflation outlook; may influence euro and bund yields.
France
PPI, Consumer Spending, Q1 Payrolls
Indicators of inflation and consumer strength. Can affect Eurozone equities and ECB expectations.
Australia
CPI (April)
Major driver for AUD and rate expectations. A high print could push AUD higher.
Central Bank Events
FOMC Minutes
Traders will watch for signals on inflation concerns and future rate path.
Fed Speakers: Williams, Kashkari
Comments may influence expectations for Fed policy shifts.
ECB Consumer Expectations Survey
Insight into Eurozone inflation expectations. Affects EUR.
RBNZ Decision
Direct impact on NZD. A hawkish stance could lift NZD.
Earnings (Market Movers)
NVIDIA
High-impact for NASDAQ and AI stocks. Watch for volatility and options activity.
Salesforce
Key for tech sector sentiment, especially SaaS names.
Synopsys, Agilent, Abercrombie & Fitch
Sector-specific insights: semis, health, consumer.
Bond Auctions
US 2-Year FRN
US 5-Year Notes
Auctions may impact Treasury yields and USD. Weak demand could push yields higher.
Trading Focus
Watch USD, AUD, EUR, NZD around data and central bank events.
NVIDIA earnings could shift tech and AI market sentiment.
Treasury yield curve may move on Fed minutes and auctions.
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 - Smart Money Short Setup🔽 Looking for a short opportunity around key resistance and order block zones.
Plan A – Resistance Rejection Short
Price has tapped into a strong resistance zone (0.83983–0.83938) and is showing rejection near the trendline. Entry triggered at 0.83938 with stop loss at 0.83993. Targeting 0.83732 for a solid RR.
Plan B – Order Block Short (If Resistance Breaks)
If resistance fails, I’ll wait for price to enter the bearish order block (0.84078–0.84048). Entry planned at 0.84031, SL at 0.84086, TP remains the same at 0.83732.
📍 Entry: 0.83938
🎯 Take Profit: 0.83732
🛑 Stop Loss: 0.83993
🔥 RR: Solid 1:3 type risk-reward
If above one hits sl, use below
📌 Entry #2: 0.84031
🎯 Target: 0.83732
🛑 Stop Loss: 0.84086
🔥RR:- 5.44 Risk-Reward
Trendline still holding well, and structure favors continued bearish pressure.
Waiting for price to deliver into premium zones before looking for reaction.
Following Smart Money logic with price action confirmations. Let’s see how it plays out.
EURGBPLooking at your EUR/GBP analysis, the pair appears to be approaching a critical reversal zone that could mark the end of the current downtrend.
The price action shows a clear Elliott Wave structure, with what appears to be a completed 5-wave decline from the highs marked at point (a). Currently, the pair is testing the significant support area highlighted in the pink box around the 0.786 level (0.83479), which coincides with the completion of wave 5.
This convergence of technical factors suggests we're entering a high-probability reversal area. The completion of the impulsive wave structure, combined with the pair reaching this key support zone, indicates that selling pressure may be exhausting.
From this level, we should anticipate a bullish reversal to develop soon. The initial upside targets would likely include the previous wave 4 area and the descending trendline resistance. A successful break above these levels would confirm the trend reversal and open the path for a more substantial recovery move.
Traders should watch for early signs of buying interest, such as bullish candlestick patterns or positive divergences on momentum indicators, to confirm the anticipated reversal. The risk-reward setup appears favorable for long positions near current levels, with stops below the support box.
Why EUR vs GBP Could Be Your Best Trade This Week!When it comes to forex swing trading or even forex intraday trading, the temptation to zoom into lower timeframes—like the 15-minute or 1-hour charts—is strong. Most forex traders focus on short-term momentum, often diving into scalping strategies that chase quick pips. However, the real edge lies where most don’t look: the higher timeframes, particularly the weekly chart. The EUR/GBP forex pair is a perfect example of these higher timeframes' power, especially when paired with smart money concepts like demand and supply imbalances.
EUR/GBP: A Hidden Gem for Forex Swing Traders
The EUR/GBP Forex cross pair is often overlooked compared to major USD-based pairs. However, for seasoned swing traders and institutional players, EUR/GBP offers deep liquidity, cleaner technical analysis and price action structures, and strong reaction zones that are respected time and time again.
At the end of May 2025, a significant weekly demand imbalance at 0.8384 finally took control of price action—something smart money traders had been anticipating for months. This wasn't a surprise for those watching the higher timeframes. Similar to how the previous weekly imbalance at 0.8299 took control in February 2025, these zones have proven critical in guiding the medium- to long-term direction of EUR/GBP.
EURGBP Expected Growth! BUY!
My dear friends,
Please, find my technical outlook for EURGBP below:
The instrument tests an important psychological level 0.8393
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 - 0.8412
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
EUR/GBP Bullish Breakout Forming – Falling Wedge & Retest SetupEUR/GBP has been in a prolonged downtrend over the past several weeks, characterized by lower highs and lower lows. However, the recent price action shows signs of exhaustion in selling pressure, as the candles begin to compress into a Falling Wedge pattern — a classic bullish reversal formation.
The wedge is defined by two descending, converging trendlines. As price moves closer to the apex of this wedge, volatility contracts and volume typically dries up (not shown here, but conceptually expected). This signals that market participants are preparing for a directional breakout, most likely to the upside in this context.
🔍 Key Technical Elements:
🔸 1. Falling Wedge Pattern:
The Falling Wedge is a bullish setup that forms during a downtrend and signals a potential reversal when confirmed. Price here has followed a steady decline, but the slowing momentum and structure of the wedge suggest the sellers are losing control.
The wedge acts as a compression zone, where bearish moves are becoming less impactful.
Price touches both upper and lower wedge boundaries multiple times, increasing pattern validity.
A breakout has already occurred, and the pair is now undergoing a textbook retest of the broken wedge resistance (now acting as support).
🔸 2. Retest at Key Support Zone (SR Interchange):
The retest is happening precisely at a former support/resistance flip zone, labeled SR – Interchange on the chart. This is a historically significant area where price has reacted multiple times, adding confluence to the setup.
If this level holds during the retest, it may invite strong buying interest, fueling the bullish breakout move.
🔸 3. Resistance Zones & Targets:
Inner Resistance (~0.8460): First hurdle for bulls; breaching this will signal strong momentum.
Minor Resistance (~0.85618): This is the primary target of the setup, based on previous structure and wedge height projection.
Major Resistance (~0.8740): A longer-term bullish objective if momentum sustains beyond the first two targets.
These zones serve as logical areas for profit-taking and reassessment.
📐 Measured Move & Target Projection:
The projected breakout target of 0.85618 is derived using a combination of:
The vertical height of the wedge at its thickest point.
Previous market structure resistance zones.
Fibonacci and price symmetry (if analyzed further).
This target also aligns with a previous supply zone, making it a strong magnet for price if bullish momentum kicks in.
💡 Trading Plan (Not Financial Advice):
This setup provides a good risk-to-reward opportunity if executed with patience and proper confirmation:
Entry Zone: After bullish confirmation at the retest (e.g., bullish engulfing candle, pin bar, or break of minor lower high).
Stop Loss: Below the SR Interchange zone or recent swing low (~0.8350–0.8360).
Target 1: Inner Resistance (~0.8460)
Target 2: Minor Resistance (~0.85618)
Target 3 (extended): Major Resistance (~0.8740)
🔄 Market Psychology:
This chart setup reflects a shift in momentum and sentiment:
Sellers have driven the price down consistently but have failed to create new significant lows with force.
Buyers are stepping in at key demand zones, creating higher lows within the wedge.
The breakout suggests smart money accumulation, and the current retest offers one of the last low-risk entries before a broader move.
🔔 Confirmation to Watch:
Bullish reversal candlestick patterns at the retest zone.
Break above local lower highs near 0.8440–0.8460.
Momentum indicators (if used) showing divergence or crossover confirmation.
📉 Bias:
Short-Term Bullish
Valid if support at 0.8390–0.8400 holds and price confirms breakout continuation.
🧠 Minds Post (Expanded Explanation)
Title: EUR/GBP Bullish Reversal Developing – Falling Wedge Breakout Retest
EUR/GBP has broken out of a textbook falling wedge on the 4H chart, which often signals the end of a downtrend and beginning of a new bullish phase. The price is currently pulling back, testing the breakout zone — a crucial step in confirming the validity of the breakout.
If this retest holds, we may see a sharp move toward the 0.8460 and 0.8560 levels — both key resistances based on past price action.
This pattern reflects a deeper market psychology shift — from consistent bearish dominance to a potential bullish takeover. Smart money may already be positioning here.
I’m watching for confirmation at the support zone around 0.8390. If price holds and breaks above local highs, a continuation toward the upper resistance is likely.
Let the market come to you. Don’t chase. Wait for structure, then trade with confidence.
EURGBP and the Lower LimitIn this trade, I will be entering a short position.
Analyzing the pair on minute timeframes, the pair broke through the area near the 0.83955 price level (a possible reversal zone).
After breaking through that area, there was a downward move, and after reaching 0.83802, it reversed back up to 0.84068, followed by another reversal (which may indicate the presence of a reversal and a pullback).
Considering all of the above, and also taking into account the technical analyses provided by Investing.com, I believe that a sell position represents a good opportunity in this pair.
The short position tool displayed on the chart serves only as a reference to support the entry into this trade.
Several moving averages and the Parabolic SAR were also used in this analysis, and they should be given close attention.
EUR/GBP "The Chunnel" Forex Bank Heist Plan (Scalping/Day Trade)🌟Hi! Hola! Ola! Bonjour! Hallo! Marhaba!🌟
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Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the EUR/GBP "The Chunnel" Forex Market. Please adhere to the strategy I've outlined in the chart, which emphasizes short entry. Our aim is the high-risk YELLOW MA Zone. It's a Risky level, oversold market, consolidation, trend reversal, trap at the level where traders and bullish robbers are stronger. 🏆💸"Take profit and treat yourself, traders. You deserve it!💪🏆🎉
Entry 📈 : "The vault is wide open! Swipe the Bearish loot at any price - the heist is on!
however I advise to Place sell limit orders within a 15 or 30 minute timeframe most nearest or swing, low or high level for Pullback Entries.
Stop Loss 🛑:
📌Thief SL placed at the nearest/swing High or Low level Using the 4H timeframe (0.85400) Day/Swing trade basis.
📌SL is based on your risk of the trade, lot size and how many multiple orders you have to take.
Target 🎯: 0.84000
💰💵💸EUR/GBP "The Chunnel" Forex Market Heist Plan (Scalping/Day Trade) is currently experiencing a Bearish trend.., driven by several key factors.👇👇👇
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As a reminder, news releases can have a significant impact on market prices and volatility. To minimize potential losses and protect your running positions,
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Use trailing stop-loss orders to protect your running positions and lock in profits
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EUR/GBP – Bearish Triangle Breakdown in Play (Long-Term Setup)This EUR/GBP weekly chart is flashing a long-term bearish triangle pattern that has finally broken down, signaling potential for a major move to the downside. This setup is packed with high-confluence signals that traders should not ignore.
🔍 Pattern Breakdown:
📐 Bearish Triangle Pattern
The pair has been forming lower highs while maintaining a relatively flat support base, forming a descending triangle, a classically bearish continuation pattern.
The pressure has been building for over 6 years, with buyers failing to make new highs while sellers stepped in aggressively at lower levels.
The triangle support has now been broken, and price is entering a retest phase, which is critical for confirming the breakdown.
🟧 Black Mind Curve Resistance
A unique visual tool here is the Black Mind Curve — a curved trendline that mirrors the psychology of long-term resistance.
This curve has consistently capped price action since the 2009 peak, reinforcing the dominance of sellers in this zone.
Every time price reached this curve, it reversed — confirming it as a dynamic resistance.
🧱 Major Horizontal Resistance Zone
The shaded blue zone around 0.92–0.93 represents a long-term resistance area, which has repeatedly rejected price for over a decade.
This zone also aligns with the Black Mind Curve, adding to the confluence.
The most recent swing high failed to break this area, and the pair rolled over again.
🔄 Retesting in Progress
After the recent breakdown of triangle support, price is currently retesting the underside of the broken support line (now acting as resistance).
This is a textbook setup: break → retest → continuation.
If this retest fails (which is likely based on history), the bearish move should resume.
🎯 Bearish Target Projection
The projected move from the triangle breakdown points to the 0.64330 area, which aligns with a major support level from early 2007 and 2008.
This level is a high-probability magnet if the pattern plays out in full — giving a long-term swing trade or position-trading opportunity.
🧠 Why This Matters (Pro Insights)
This chart is powerful because:
It’s on the weekly timeframe – high conviction and larger moves.
It shows a long-term squeeze finally breaking.
Resistance is reinforced by multiple layers (curve + horizontal zone).
Retest confirms possible continuation sell setup.
This isn’t a short-term scalp — it’s a position trade idea that could develop over months or even a couple years, with a massive risk-reward potential.
⚠️ Trade Plan Summary
Bias: Bearish
Pattern: Descending Triangle (broken)
Current Action: Retesting broken support
Entry Zone: On bearish rejection near 0.8400–0.8450
Stop Loss: Above resistance zone (around 0.9285)
Target: 0.64330
Risk/Reward: Potentially >4:1 on a swing basis
eurgbp-h1-longBreak of Trend Line: The price has broken below a descending trend line, indicating a potential shift in momentum.
Retest: After the break, the price appears to be retesting the trend line from below, which often acts as a confirmation of the breakout.
Ichimoku Cloud: The price is interacting with the Ichimoku Cloud. A move above the cloud could signal a bullish trend, especially if accompanied by a Tenkan-sen (conversion line) crossing above the Kijun-sen (base line).
Support Zone: The price is near a highlighted support zone (green area), which could act as a springboard for a buy if it holds.
Potential Entry: A buy position could be considered if the price breaks above the trend line during the retest, confirms with a close above the Ichimoku Cloud, and shows bullish momentum with candlestick patterns like a strong bullish candle.