EUR/GBP Trade Analysis & Key LevelsEUR/GBP Trade Analysis & Key Levels
📈 **Current Price:** 0.83800
🔹 **Resistance:** 0.83900
🔹 **Support:** 0.83700
💡 **Market Outlook:**
- Strong **bullish momentum** observed, supported by the **EMA50** trend.
- If the price **breaks resistance**, the next target is **0.84600**.
- If the price **breaks support**, a bearish move may follow.
🎯 **Trade Plan:**
✅ **Entry:** Monitor for breakout confirmation.
✅ **Stop Loss:** 0.83600 (to manage risk effectively).
✅ **Risk Management:** Essential for capital protection.
📊 **Stay updated & trade wisely!** 🚀
Eurgbp!
EURGBP INTRADAY higher, German debt reforms and ECB rate policyBullish Scenario:
The EURGBP pair maintains a bullish intraday sentiment, supported by the longer-term uptrend. The key level to watch is 0.8400, which acts as a critical resistance zone. If the price rallies above 0.8400, the uptrend could resume, targeting 0.8420, with further resistance levels at 0.8430 and 0.8450 over the longer timeframe.
Bearish Scenario:
A confirmed break below 0.8360, especially with a daily close beneath this level, would invalidate the bullish outlook. This could lead to further downside movement, with immediate support at 0.8328, followed by 0.8310 and 0.8300, signaling a deeper corrective pullback.
Conclusion:
The overall intraday trend remains bullish, with 0.8400 as the key pivot level. Holding above this support reinforces the upside potential, while a confirmed breakdown below it could shift momentum toward a deeper retracement. Traders should monitor price action around this critical level for confirmation of the next move.
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 at major support zone: Bullish Rebound ExpectedOANDA:EURGBP is approaching a significant support zone, highlighted by previous price reactions and strong buying interest. This area has historically acted as a key demand zone, increasing the likelihood of a bounce if buyers step in.
The current market structure suggests that if the price confirms support within this zone, we could see a bullish reversal. A successful rebound could push the pair toward the 0.83350 level, a logical target based on past price behavior and structural confluence.
Just my take on support and resistance zones—not financial advice. Always confirm your setups and trade with solid risk management.
Best of luck!
EURGBP at Key Demand Zone - Rebound Toward 0.83000?OANDA:EURGBP has reached a critical demand zone, marked by previous price reactions and strong buying pressure. Historically, this area has acted as a significant support level, leading to bullish reversals.
If buyers step in and confirm a rejection, we could see a move toward the 0.83000 level, which represents a logical target within the current market structure. However, a break below this demand zone would invalidate the bullish outlook and open the door for further downside.
If you agree with this analysis or have additional insights, feel free to share your thoughts in the comments!
EURGBP at Key Resistance – Will Sellers Step In?OANDA:EURGBP is currently trading at a key resistance zone, where sellers may regain control. The recent bullish momentum has pushed price into this supply zone, suggesting a potential for bearish bounce if price action confirms a rejection.
If the price confirms rejection from this zone, a move lower toward 0.83300 is likely. However, a strong breakout above could invalidate this setup, shifting momentum back to the bulls.
Do you agree with this analysis? Let me know your thoughts in the comments!
EURGBP: Bearish Continuation & Short Signal
EURGBP
- Classic bearish formation
- Our team expects fall
SUGGESTED TRADE:
Swing Trade
Sell EURGBP
Entry Level - 0.8346
Sl - 0.8364
Tp - 0.8306
Our Risk - 1%
Start protection of your profits from lower levels
❤️ Please, support our work with like & comment! ❤️
SHORT - SELL EUR/GBP 1HSHORT - SELL EUR/GBP 1H
Hi, my name is Andrea Russo and I am a Professional Trader specializing in Forex. The EUR/GBP pair has been in a recent downtrend. The decision to sell on an hourly chart (1H) is supported by technical indicators that suggest a continuation of the selling pressure.
Entry Point
Entry Level: 0.83367 This level represents a previous resistance zone that could now act as a starting point for a new bearish wave.
Stop Loss (SL)
SL Level: -0.26 Placing the Stop Loss at this level protects the position in case of unexpected market movements. It is always important to manage risk to avoid excessive losses.
Take Profit (TP)
TP Level: +0.78 The Take Profit was set based on technical analysis and price movement expectations. This level represents a significant profit potential if the price follows the expected direction.
Indicators Used
Alligator: This indicator, composed of three moving averages (lips, teeth and jaw), helps identify trends and consolidation phases. In this case, the moving averages indicate a probable bearish movement.
Wavetrend: Used to detect changes in momentum. A sell signal has been triggered, reinforcing the idea of an impending downtrend.
RSI (Relative Strength Index): This relative strength indicator is useful for identifying overbought or oversold conditions. A high RSI value suggests that the price is in the overbought area, thus favoring a short position.
Trading Strategy
Confirm the trend with the above-mentioned indicators.
Wait for a reversal pattern to form or confirmation of continuation.
Constantly monitor the market for any reversal signals or fundamental news that could affect the EUR/GBP pair.
Adjust the SL and TP levels based on the market movement and volatility.
Conclusions Selling EUR/GBP at 0.83367 with a Stop Loss at -0.26 and a Take Profit at +0.78 is a thoughtful strategy based on current technical analysis. It is essential to follow a rigorous discipline and adapt quickly to market changes to maximize the chances of success.
Andrea Russo
DeGRAM | EURGBP retest of the support levelEURGBP is in an ascending channel between the trend lines.
The price is moving from the lower boundary of the channel as well as the support level, which coincides with the 88.6% retracement level.
The chart is forming an ascending structure.
On the 1H Timeframe, the indicators indicate a bullish convergence formation.
We expect growth in the channel after consolidation above the support.
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!
EUR/GBP "The Chunnel" Forex Market Heist Plan🌟Hi! Hola! Ola! Bonjour! Hallo! Marhaba!🌟
Dear Money Makers & Thieves, 🤑 💰🐱👤🐱🏍
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 long entry. Our aim is the high-risk Red Zone. Risky level, overbought market, consolidation, trend reversal, trap at the level where traders and bearish robbers are stronger. 🏆💸Book Profits wealthy and safe trade.💪🏆🎉
Entry 📈 : "The heist is on! Wait for the MA breakout (0.83400) then make your move - Bullish profits await!"
however I advise to Place Buy stop orders above the Moving average (or) Place buy limit orders within a 15 or 30 minute timeframe most recent or swing, low or high level.
📌I strongly advise you to set an alert on your chart so you can see when the breakout entry occurs.
Stop Loss 🛑:
Thief SL placed at the recent/swing low or high level Using the 4H timeframe (0.83000) swing trade basis.
SL is based on your risk of the trade, lot size and how many multiple orders you have to take.
Target 🎯:
Primary Target - 0.84200 (or) Escape Before the Target
Secondary Target - 0.85000 (or) Escape Before the Target
🧲Scalpers, take note 👀 : only scalp on the Long side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money 💰.
📰🗞️Fundamental, Macro, COT Report, Quantitative Analysis, Intermarket Analysis, Sentimental Outlook:
EUR/GBP "The Chunnel" Forex Market market is currently experiencing a neutral trend,., driven by several key factors.
🔱Fundamental Analysis
Interest Rates: The European Central Bank (ECB) has maintained its interest rates at 3.50%, while the Bank of England (BoE) has kept its rates at 4.50%. The interest rate differential is slightly in favor of the GBP.
Inflation: Eurozone inflation is at 5.3% (Jan 2025), while UK inflation is at 3.2% (Jan 2025). The higher inflation in the Eurozone might lead to a rate hike by the ECB.
GDP Growth: Eurozone GDP growth is expected to be around 1.2% in 2025, while the UK's GDP growth is expected to be around 1.5% in 2025.
Trade Balance: The Eurozone has a trade surplus, while the UK has a trade deficit.
🔱Macroeconomic Factors
Unemployment Rates: Eurozone unemployment is at 6.4% (Jan 2025), while UK unemployment is at 3.7% (Jan 2025).
Manufacturing PMI: Eurozone Manufacturing PMI is at 48.5 (Feb 2025), while UK Manufacturing PMI is at 49.3 (Feb 2025).
Services PMI: Eurozone Services PMI is at 52.3 (Feb 2025), while UK Services PMI is at 50.2 (Feb 2025).
🔱Global Market Analysis
Risk Appetite: Global risk appetite is moderate, with investors seeking safe-haven assets amid concerns over inflation and economic growth.
Commodity Prices: Oil prices are stable, while gold prices are rising due to safe-haven demand.
🔱COT Data
Non-Commercial Traders (Large Speculators)
Net Positions: EUR/GBP net positions are slightly bearish, with 55% of traders holding short positions.
Long Positions: Long positions are moderate, with 45% of traders holding long positions.
Short Positions: Short positions are slightly higher, with 55% of traders holding short positions.
Commercial Traders (Hedgers)
Net Positions: EUR/GBP net positions are slightly bullish, with 52% of traders holding long positions.
Long Positions: Long positions are moderate, with 52% of traders holding long positions.
Short Positions: Short positions are slightly lower, with 48% of traders holding short positions.
🔱Intermarket Analysis
Correlation: EUR/GBP is negatively correlated with EUR/USD and positively correlated with GBP/JPY.
Cross-Rates: EUR/JPY and GBP/JPY are trading in a range, indicating a balanced market.
🔱Quantitative Analysis
Trend Analysis: The EUR/GBP is trading in a downtrend, with a bearish bias.
Momentum Indicators: RSI (14) is at 40, indicating a neutral market. MACD (12, 26) is bearish, with a signal line crossover.
🔱Market Sentimental Analysis
Trader Sentiment: Trader sentiment is slightly bearish, with 55% of traders expecting a price decline.
Market Positioning: Market positioning is neutral, with a balanced ratio of long to short positions.
🔱Positioning
Long Positions: Long positions are moderate, with traders holding 45% of long positions.
Short Positions: Short positions are slightly higher, with traders holding 55% of short positions.
🔱Overall Summary Outlook
The EUR/GBP is expected to trade lower, driven by a stronger GBP and a weaker EUR. The bearish bias is supported by fundamental, technical, and sentimental analysis. However, traders should be cautious of potential reversals and use proper risk management techniques.
📌Keep in mind that these factors can change rapidly, and it's essential to stay up-to-date with market developments and adjust your analysis accordingly.
⚠️Trading Alert : News Releases and Position Management 📰 🗞️ 🚫🚏
As a reminder, news releases can have a significant impact on market prices and volatility. To minimize potential losses and protect your running positions,
we recommend the following:
Avoid taking new trades during news releases
Use trailing stop-loss orders to protect your running positions and lock in profits
💖Supporting our robbery plan 💥Hit the Boost Button💥 will enable us to effortlessly make and steal money 💰💵. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀
I'll see you soon with another heist plan, so stay tuned 🤑🐱👤🤗🤩
EUR/GBP BUYERS WILL DOMINATE THE MARKET|LONG
Hello, Friends!
The BB lower band is nearby so EUR-GBP is in the oversold territory. Thus, despite the downtrend on the 1W timeframe I think that we will see a bullish reaction from the support line below and a move up towards the target at around 0.836.
✅LIKE AND COMMENT MY IDEAS✅
EURGBP The Target Is DOWN! SELL!
My dear friends,
EURGBP looks like it will make a good move, and here are the details:
The market is trading on 0.8274 pivot level.
Bias - Bearish
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Goal - 0.8263
About Used Indicators:
Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis
———————————
WISH YOU ALL LUCK
Bearish drop off pullback resistance?EUR/GBP is reacting off the pivot which has been identified as a pullback resistance and could drop to the pullback support.
Pivot: 0.8265
1st Support: 0.8224
1st Resistance: 0.8292
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
EURGBP Bearish trend continuationThe EUR/GBP currency pair remains in a bearish trend, with price action aligning with the longer-term prevailing downtrend. However, short-term moves could see a corrective bounce before resuming the dominant trend.
Bearish Scenario:
The key level to watch is 0.8274, which serves as a crucial resistance zone.
A potential oversold rally toward 0.8274 may result in a bearish rejection, reinforcing the downside trend.
If selling pressure resumes from this level, the next targets are 0.8240, followed by 0.8225, with 0.8200 acting as a longer-term support.
Bullish Scenario:
A confirmed breakout above 0.8274 on a daily close would challenge the bearish outlook.
This could trigger further upside momentum, leading to a test of 0.8290, followed by 0.8305 if bullish momentum strengthens.
A sustained move above 0.8305 could signal a broader shift in trend dynamics.
Conclusion:
The overall sentiment remains bearish, but an oversold bounce toward 0.8274 could provide a fresh shorting opportunity if rejection occurs. However, a break above 0.8274 and a daily close beyond this level would open the door for further upside. Traders should watch price action around this key resistance zone to confirm the next directional move.
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.
EUR: watch for a single word that could change everything The European Central Bank (ECB) is set to cut interest rates by 25 basis points at its March 6 meeting, lowering the deposit rate to 2.5%. All 82 economists surveyed by Reuters expect the cut.
So, with this in the bag, the focus shifts to what comes next. Markets see a 60% chance of another cut in April, but hawkish policymakers like Isabel Schnabel are pushing back.
According to ING, a key signal will be whether the ECB drops the term “restrictive” from its stance. If it does, a pause could follow; if not, further cuts may be likely.
Overall, though, the ECB is unlikely to provide detailed forward guidance. Factors like U.S. tariffs and developments in Ukraine could significantly impact the eurozone economy, making it difficult to set a long-term policy path.
EUR/GBP Breakdown – More Downside Ahead? Local Short! SellAnalysis & Description:
The EUR/GBP pair is showing bearish momentum, having broken below a key horizontal resistance zone, confirming a potential downtrend continuation.
Key Observations:
✅ Break & Retest Pattern: The price has broken below the previous support (now resistance) and is retesting it before further downside.
✅ Bearish Structure: Lower highs and lower lows indicate a continuation of the downtrend.
✅ Target Level: The next bearish target is marked around 0.82441, aligning with previous support.
Trading Plan:
📉 Bearish Bias:
A successful rejection from the resistance zone could provide a selling opportunity targeting 0.82441 and lower.
⚠️ Bullish Invalidations:
If the price reclaims 0.82760, it could signal a fakeout and potential bullish reversal.
Final Thought:
EUR/GBP is in a clear bearish trend, and a rejection from the resistance zone could trigger a further decline toward the 0.82441 level. Stay cautious of any false breakouts! 📉🔥
EUR/GBP Bearish Retest – Downtrend Continuation Below 0.8300Chart Analysis & Trade Setup:
The EUR/GBP 2-hour chart highlights a strong downtrend with a descending trendline acting as resistance. The price recently tested a key horizontal resistance zone near 0.8300, rejecting it for a potential continuation lower.
Technical Breakdown:
📉 Descending Trendline: The price has respected the trendline resistance, marked by two key rejection points (black and red arrows).
📊 Support Turned Resistance: The previous support near 0.8300 has now flipped into resistance after a breakdown.
🔄 Bearish Retest Formation: Price is expected to retest 0.8300 before continuing the downtrend.
📌 Bearish Outlook: If the price holds below 0.8300, we can expect further downside toward new lows.
Trade Plan:
✅ Entry: Consider a short position near 0.8290 - 0.8300 on bearish confirmation.
🎯 Target 1: 0.8220 (Previous low).
🎯 Target 2: 0.8180 (Next key support zone).
🛑 Stop Loss: Above 0.8325, to protect against an invalidation of the bearish setup.
Conclusion:
EUR/GBP remains in a clear downtrend, with a bearish rejection at 0.8300 acting as a key trigger for further downside. Traders should watch for a clean retest before entering short positions.
📊 Bearish Retest in Play – EUR/GBP Targets Lower Levels! 🚀
EURGBP Potential DownsidesHey Traders, in today's trading session we are monitoring EURGBP for a selling opportunity around 0.82900 zone, EURGBP is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.82900 support and resistance area.
Trade safe, Joe.
DeGRAM | EURGBP retest of the demand zoneEURGBP is in a descending channel, in the demand zone between the trend lines.
The price is moving from the lower boundary of the channel and dynamic support, which has previously become a rebound point.
The chart has formed a harmonic pattern.
Indicators on the 1H Timeframe point to a bullish convergence.
We expect growth after the retest of the lower boundary of the demand zone.
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!