EURGBP LONGEURGBP... it is time to go higher? Increased probability that the price will go higher.Longby ticks4FX0
Check the trend According to the behavior of the price in the current support range, possible scenarios have been identified. As long as the price is above the support range, the continuation of the upward trend is likelyby STPFOREX0
EURGBPWe looking for selling opportunities as the market has changed a type of trend to bearish momentum resulting sells to the downside|30 M TIMEFRAMEShortby officialpotego_fx0
Sentiment Play Before Major Events (Past)Fundamentals & Sentiment EUR: - Recent economic data has been bullish, driving the euro up GBP: - Raised taxes - bearish in the short-term for the pound - Recent bearish economic data Technical & Other Expectations - after such a runup, the technical area is good for taking profits, especially before NFP on the same day and the US Elections next week. Setup: S(B) Setup timeframe: 1h Trigger: 1h Medium-term: Up Long-term: Down Min target: 50% of the upward move Stop loss: 0.26% Position size: 0.66 of the normal Risk Unit Shortby Cherry94Updated 0
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-SELL strategy 3-hourly chartThe pair is overextended short-term,even though we understand the underlying conditions why. The facts are, we are overstretched, and it requires some pullback short-term. Strategy SELL current 0.8435-0.8450 and take profit around 0.8375 or slightly lower. SL based on personal risk appetite.Shortby peterbokma3
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
DeGRAM | EURGBP channel correctionEURGBP is moving in an ascending channel between the trend lines. The price has already reached the upper boundary of the channel and the dynamic resistance level. The chart has fallen under the 50% retracement level. We expect the correction to continue after the retest of the nearest resistance. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!Shortby DeGRAMUpdated 116
EURGBP - Long TradePrice swept liquidity from the inside day bar and broke a market structure. The target will be opposite liquidity pull (Inside day bar high) Keep it simple and consistent =)Longby Maks_KlimenkoUpdated 5
Gaining Accuracy: EUR/GBP Swing Long PlansEUR/GBP at ideal areas for swing longs (may take time). Pair has ranged evenly for 9 years, sentiment case slightly favouring Euro upside.Long02:00by WillSebastian118
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.Longby lonelyPlayer0Updated 4
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
EG Short - looking to short EG as sellers step in around POC and provide an impulse candle. Shortby Osiris9924