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Eur-gbp

Waiting for a short to happen in EURGBP *************************************************************************************** Hello there! If you like my analysis and it helped you ,do give me a thumbs ups on tradingview! 🙏 And if you would like to show further support for me, you can gift me some coins on tradingview! 😁 Thank you! Disclaimers: The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes. The author/producer of these content shall not and will not be responsible for any form of financial/physical/assets losses incurred from trades executed from the derived conclusion of the individual from these content shared. Thank you, and please do your due diligence before any putting on any trades!
Short
by Shadowing_The_Big_Boys
⭕️BUY GBPEUR; It's time to buy🤨🚀🔰You can see the analysis of the British pound to the euro in the 30-minute time frame (GBPEUR_ 30min)💣🔍 💥SUPPLY and DEMAND zones are indicated in the picture🧐 Due to the presence of the GAP in the chart and the presence of the price near the Support🧡, there is a possibility that the price will rise as a result of hitting the support line up to the Supply zone🚀🔺 Do you think this analysis can be profitable❓ I hope the analysis was useful for you🤍🌹 📌Please introduce the channel to your friends 🙏🏻 __________📈TRADER STREET📉___________
Long
by TRADER_STREET
1
EUR GBP SHORT IDEA 18.09Dear trader, I leave you a little description of my technical analysis about eur/gbp for the next swing period cause I think the zone where we now are is a good bearish opportunity. Why? In weekly timeframe we in a Range, the price is about at the medium level of the range, in Daily tf we can see the bearish resistance upside and the momentum we had in the last week was powerful bullish, that means interest. Interest from the bigs to catch the price or to take the best price movement. Intuitive trading: I ask my self where I would more like inclined to sell. I look at the past, I saw on 4 Feb 2021 a Bearish engulfing breaking 0.87850, where we now are. Again, the bearish momentum caused by institutional on that date, possibly are ready for the next bearish move, cause the large amount of liquidity with which they broke the level 0.87850. Let now see this week how it ll go after major news we have about eur and gbp and waiting for structure confirmation in lower time frames (H1/30m/15m). Worst case scenario: Bullish tp 0.89200, aka the next liquidity point $ And if you ask yourself why you can't see well the candles in my analysis, is because to read the market you need to know where the liquidity is. Have a great week. Ian
Short
by vib_investments
EUR/GBPMaybe a potential short trade for the EUR/GBP? - BoE is bound to come with a 75 Basis point increase on the interest rate Thursday . - England are experiencing way tougher inflation than the European regions. - RSI are already/close to signal a overbought signal, therefore a back-trace to more normal levels would be ideal - ADX also showing a strong upward trend, been doing so for days, but should change direction, if my guts are correct. lets see what happens in the coming week.
Short
by Hvalp
2
EURGBP Double Resistance rejection. 1D MA50 pull-back in focus.The EURGBP pair has been trading within a Channel Up pattern on the 1D time-frame since the March 07 market low, which only broke for one day. That came on June 14 when the price was forcefully rejected on both the 1W MA200 (red trend-line) and the 0.87200 Resistance that has been holding since February 26, 2021. This is where the pair is currently at, touching both the 1W MA200 and the Resistance Zone two days ago, with the price rejected sideways. The current consolidation on such high levels seems to be the sell accumulation phase before a leg downwards. With are selling this set-up, targeting the 1D MA50 (blue trend-line). We will turn bullish either on the 1D MA50 or at the bottom of the Channel (Higher Lows trend-line). In both cases the target will be 0.8700. In order to extend buying towards the top of the Channel, we would like to see a candle close above the Resistance Zone. -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
Short
by TradingShot
3
EG is still bullish on d1h4,watch for 0.8660*************************************************************************************** Hello there! If you like my analysis and it helped you ,do give me a thumbs ups on tradingview! 🙏 And if you would like to show further support for me, you can gift me some coins on tradingview! 😁 Thank you! Disclaimers: The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes. The author/producer of these content shall not and will not be responsible for any form of financial/physical/assets losses incurred from trades executed from the derived conclusion of the individual from these content shared. Thank you, and please do your due diligence before any putting on any trades!
by Shadowing_The_Big_Boys
EUR GBP - FUNDAMENTAL DRIVERSEUR FUNDAMENTAL OUTLOOK: WEAK BEARISH BASELINE Persistently high inflation has seen the ECB tilt more hawkish by hiking rates 50bsp in July. Additional pressure on inflation from gas supply shortages and drought-linked supply constraints has seen ECB members get more uneasy about price pressures, with recent comments suggesting growing support among the GC for a 75bsp hike at their September meeting. Going into this week’s policy decision, it’s worth remembering that the bank quelled hawkish excitement in July by saying that frontloading hikes are not a signal of a higher terminal rate. Even if the bank delivers on a 75bsp this week, unless they also revise up terminal rate expectations any hike will unlikely be enough to see support for the EUR due to bigger hikes. Spread fragmentation, even though largely moving into the background, is still a concern, with the ECB failing to ease concerns with their new Transmission Protection Instrument (TPI) as the eligibility criteria means countries like Italy and Spain that will need the support the most might have a tough time qualifying. Even though policy is important, the main driver for the EUR is the economic outlook. Recent data has continued to flag recession risks, and Friday’s Gazprom announcements of an indefinite suspension of the Nord Stream pipeline to Europe in retaliation to the planned energy price cap has opened up a whole new pressure point. POSSIBLE BULLISH SURPRISES De-escalation or cease fire in Ukraine would open up a lot of EUR upside. Stagflation risks remains, but with lots of bad news priced any materially better-than-expected data could spark some relief. Any TPI comments that convinces markets it can solve spread fragmentation issues should be supportive for the EUR. Energy supply is a problem. If Russia does re-open Nord Stream gas flows, it should be a positive catalyst for EUR upside. If gas storage levels, see Europe through winter that could ease some of the pressure so storage levels will be watched. With a 75bsp hike expected, it won’t be enough to trigger EUR upside, but if the bank also increases their terminal rate projections it could trigger upside in the EUR. POSSIBLE BEARISH SURPRISES Any escalation in the Ukraine war that risks including NATO would be big negative risks. Stagflation risks remains, even with lots of bad news priced any materially worse-than-expected data could see more pressure. If ECB fails to act on the TPI when we see big jolts higher in the BTP/ Bund spread could trigger bearish reactions in the EUR. Energy supply is a problem. If Russia keeps Nord Stream one shut, it should add downside risks to the EUR. If gas storage levels are not enough to see Europe through the winter that should increase energy supply concerns for the EUR. With a 75bsp hike expected, it won’t be enough to trigger EUR upside, and if the ECB does not increase their terminal rate projections it could trigger downside for the EUR. BIGGER PICTURE The fundamental outlook remains bearish with recent leading indicators pointing to a much faster economic slowdown than markets previously expected. The current bearish drivers (geopolitics, stagflation, spread fragmentation, energy supply concerns) far outweigh the positives from a hawkish ECB. Recession risks have opened up a narrative change for the EUR which have seen markets adjust forecasts to reflect higher recession probabilities which has continued to weigh on the EUR. With lots of bad news priced in there is risks in chasing the EUR lower, but the fundamental outlook remains bleak. GBP FUNDAMENTAL OUTLOOK: WEAK BEARISH BASELINE The outlook for the UK economy remains bleak, with CPI above 10% and recession expecting to hit in 4Q22 and last for 5 quarters, it has kept pressure on Sterling despite ongoing BoE rate hikes. Even though the bank followed through with a 50bsp hike in July, it wasn’t enough to offset the recession forecasts. With inflation expected to reach close to 20% by some IB estimates (due to the rapid rise in energy prices and expected rise in the energy price caps) the bank is stuck between a rock and a hard place as they are forced to keep hiking rates to try and fight inflation expectations going unanchored, but by doing so they also risk further damaging economic growth as a result. Right now, it seems like fiscal policy is the only way to avoid a much deeper recession. ING research suggests an additional £65 billion of support for households and more support for small businesses are required to offset the expected rise in energy costs. Even though the bias for the GBP remains bearish, a lot of bad news has been priced in for Sterling in a relatively short space of time. With CFTC positioning still giving bullish signals, chasing it lower seems too big of a risk right now. POSSIBLE BULLISH SURPRISES Stagflation fears remain high for the UK, and the BoE is now projecting 5 quarters of recession starting 4Q22. With a recession now the base assumption, any incoming data that surprises meaningfully higher could trigger some relief. With focus on stagflation, any downside surprises in CPI or factors that decrease inflation pressures are expected to support the GBP and not pressure it. The economy needs help, which means any help from the fiscal side will be a positive. Any major fiscal support measures from the incoming PM to help consumers (subsidies or tax cuts) could trigger bullish reactions for the Pound. With UK threats of triggering Article 16 and EU threats to terminate the Brexit deal if they do Brexit is in focus. For now, markets have rightly ignored this as posturing, but any major de-escalation can see some upside for Sterling. POSSIBLE BEARISH SURPRISES Stagflation fears remain high for the UK, and the BoE is now projecting 5 quarters of recession starting 4Q22. Even with recession now the base assumption, any material downside surprises in growth data can still trigger further pressure. With focus on stagflation, any upside surprises in CPI or factors that increase more inflation pressures are expected to weigh on the GBP and not support it. The economy needs help, which means any help from the fiscal side should be a positive, but any fiscal measures from the incoming PM that fails to address the expected impact on consumers and businesses could keep the GBP under pressure. With UK threats of triggering Article 16 and EU threats to terminate the Brexit deal if they do Brexit is in focus. For now, markets have rightly ignored this as posturing, but any actual escalation can see sharp GBP downside. BIGGER PICTURE The fundamentals for Sterling remain bearish, especially after the BoE’s recent forecasts of a 5-quarter recession in the UK. Furthermore, given the risks to growth, there is growing speculation that the BoE might not be too far away from pausing their current hiking cycle. Anything that exacerbates stagflation fears is expected to weigh on the Pound and anything that alleviates some pressure could see some reprieve. Since Sterling is trading at fresh new cycle lows, the risk to reward for chasing it lower looks unattractive, and we could see asymmetric reactions skewed to the upside on positive data & news.
by thunderpips
3