Get started

Eurgbp!

EURGBP - Long active !!Hello traders! ‼️ This is my perspective on EURGBP. Technical analysis: Here we are in a bullish market structure from daily timeframe perspective, so I expect price to continue bullish price action after filling the imbalance and rejecting from bullish OB + institutional big figure 0.83000. Fundamental news: On Thursday (GMT+2) we will see results of Interest Rate on GBP, news with high impact on currency. Like, comment and subscribe to be in touch with my content!
Long
by Snick3rSD
Bearish drop off 38.2% Fibonacci resistance?EUR/GBP is rising towards the resistance level which is a pullback resistance that aligns wit the 38.2% Fibonacci retracement and could reverse from this level to our take profit. Entry: 0.8358 Why we like it: There is a pullback resistance level that line sup with the 38.2% Fibonacci retracement. Stop loss: 0.8387 Why we like it: There is a pullback resistance level that is slightly above the 50% Fibonacci retracement. Take profit: 0.8286 Why we like it: There is a pullback support level. Enjoying your TradingView experience? Review us! Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Short
by VantageMarkets
EURGBP Sellers In Panic! BUY! My dear subscribers, My technical analysis for EUR/USD is below: The price is coiling around a solid key level - 0.8321 Bias - Bullish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 0.8363 My Stop Loss - 0.8295 About Used Indicators: By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses ——————————— WISH YOU ALL LUCK
Long
by AnabelSignals
1
EURGBP, First Long and after that Get Ready for ShortHello Traders, Hope you are doing great. for upcoming weeks, we'll probably see continuation of upward momentum and after that we'll probably find an opportunity to Sell at one of these specified zones. so with a proper trigger we can open a long at first and after that a short position. And finally tell me what do you think ? UP or DOWN ? leave your comment below this post. If this post was helpful to you, please like it and share it with your friend. THANKS.
by aminrzb
Market Analysis: EUR/GBP Falls Into The RedMarket Analysis: EUR/GBP Falls Into The Red EUR/GBP is declining and trading below the 0.8400 support level. Important Takeaways for EUR/GBP Analysis Today - EUR/GBP is declining and showing bearish signs below 0.8400. - There is a key bearish trend line forming with resistance at 0.8370 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 0.8420. The Euro settled below 0.8400 and started a fresh decline against the British Pound. There was a clear move below the 0.8350 pivot level. The EUR/GBP chart suggests that the pair settled below the 50-hour simple moving average and 0.8340. A low is formed near 0.8307 and the pair is now consolidating losses. Immediate resistance is near the 50% Fib retracement level of the downward move from the 0.8389 swing high to the 0.8307 low at 0.8350. The next major resistance could be near the 50-hour simple moving average and the 61.8% Fib retracement level of the downward move from the 0.8389 swing high to the 0.8307 low at 0.8370. There is also a key bearish trend line forming with resistance at 0.8370. A close above the 0.8370 level might accelerate gains. In the stated case, the bulls may perhaps aim for a test of 0.8420. Any more gains might send the pair toward the 0.8450 level. Immediate support sits near 0.8325. The next major support is near 0.8305. A downside break below the 0.8305 support might call for more downsides. In the stated case, the pair could drop toward the 0.8265 support level. Trade on TradingView with FXOpen. Consider opening an account and access over 700 markets with tight spreads from 0.0 pips and low commissions from $1.50 per lot. 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 FXOpen
DeGRAM | EURGBP will continue to declineEURGBP is above the descending channel between the trend lines. The price continues to move from the dynamic resistance. The chart retains the actual formed harmonic pattern, but shows weakness when approaching the channel. We expect the continuation of the decline after the support retest and consolidation in the channel. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
Short
by DeGRAM
5
Bullish bounce off 61.8% Fibonacci support?EUR/GBP is reacting off the pivot which acts as a pullback support and could bounce to the 1st resistance which has been identified as a pullback resistance. Pivot: 0.8321 1st Support: 0.8224 1st Resistance: 0.8393 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.
Long
by ICmarkets
EURGBP - Bearish ReversalHello traders EURGBP has been slowly grinding up since 9 January with there being a trendline holding this slight uptrend. But it broke out of the trendline last week and it retested it. The ideal entry would have been on the retest but let's hope this 4H fvg gets filled then price goes down. Furthermore, the rsi has been making lower lows while price was making higher highs showing bearishness. Add to this that this setup is forming on a daily resistance zone as per the chart.
Short
by The_Worldy
EUR/GBP Bearish Momentum – Eyes on Support Zone!📊 EUR/GBP Daily Chart Analysis (28th Jan 2025) 🔹 Overview: Pair: EUR/GBP Current Price: 0.83855 📉 (-0.10%) Key Indicators: 200 EMA (Red Line): 0.84129 (Price is below the EMA, indicating bearish sentiment) Resistance Zone (🟠 Orange Box): ~0.84200 - 0.84400 Support Zone (🟢 Green Box): ~0.83200 - 0.83400 🔻 Bearish Outlook: Price recently rejected the resistance zone and started declining. It is now trading below the 200 EMA, suggesting potential further downside. Next Target: The support zone (~0.83200 - 0.83400) is likely the next major level. 📉 Possible Scenarios: 1️⃣ Bearish Continuation ⬇️ If the price maintains momentum, it may head toward the support zone (~0.83200). A break below support could trigger further downside. 2️⃣ Bullish Rebound 🔄 If the price finds strong buying interest at support, a rebound toward the resistance (~0.84200) is possible. A breakout above 200 EMA could shift momentum back to bullish. 🎯 Trading Considerations: Short Opportunity: Below 0.83800, targeting 0.83400. Long Opportunity: If support holds around 0.83200, aiming for a move back to resistance. Breakout Watch: A move above 0.84200 could trigger bullish momentum. 🔥 Conclusion: Currently, the trend is bearish, and price action suggests further downside toward the support zone. Keep an eye on price behavior around 0.83400 for potential reactions.
by MrStellanSight
EUR/GBP Collapses Bearish Breakout SetupThis chart shows a short trade setup based on the price action and trendline analysis of the EUR/GBP pair on the 2-hour timeframe. The price was moving within an ascending channel, defined by two parallel white trendlines. The ascending channel suggests a temporary bullish trend where the price consistently made higher highs and higher lows. At the top of the channel, the price experienced resistance, which led to a breakdown below the lower trendline. This breakdown signals a potential reversal of the bullish trend and marks the start of bearish momentum. The break of the lower trendline is the key signal for the short entry. The breakdown also aligns with a shift in market sentiment, as the price failed to maintain its position within the channel. The sell-off that followed confirmed the validity of the breakout. The price is now trending downward toward a lower level, which could act as a support area. The key levels to watch include the recent breakout point, which could act as resistance if the price attempts a pullback, and the lower support level near 0.82856. This support level aligns with a previous price range and serves as the potential target for the short position. The descending movement following the channel break suggests strong selling pressure. To confirm the continuation of the bearish trend, the price should not re-enter the ascending channel. A retest of the lower trendline could provide further confirmation of the breakdown, while a failure to hold below it could invalidate the bearish bias. This setup reflects a clear trend reversal strategy focusing on trading the breakout of an ascending pattern.
Short
by wolfchemist
1
EURGBP Will Go Up From Support! Long! Please, check our technical outlook for EURGBP. Time Frame: 45m Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 0.837. Taking into consideration the structure & trend analysis, I believe that the market will reach 0.839 level soon. P.S Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback. Like and subscribe and comment my ideas if you enjoy them!
Long
by SignalProvider
1
Falling towards 50% Fibonacci support?EUR/GBP is falling towards the pivot which has been identified as an overlap support and could bounce to the pullback resistance. Pivot: 0.83719 1st Support: 0.83258 1st Resistance: 0.84121 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.
Long
by ICmarkets
1
EURGBP Expected Growth! BUY! My dear friends, EURGBP looks like it will make a good move, and here are the details: The market is trading on 0.8412 pivot level. Bias - Bullish Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market. Goal - 0.8437 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
Long
by AnabelSignals
1
EURGBP - Euro is recovering!?The EURGBP pair is below the EMA200 and EMA50 on the 4-hour timeframe and is moving in its ascending channel. The pair’s continued rise towards the supply zone will provide a selling position with a good risk-reward ratio. In case of a downside correction, we can buy in the demand zone. The Eurozone composite PMI rose from 49.6 to 50.2. Although this figure exceeds expectations, it still reflects a stagnant economy with the manufacturing sector in recession. While price pressures are once again on the rise, it appears that weak growth remains the primary concern, as the European Central Bank (ECB) prepares for further interest rate cuts. In the manufacturing sector, the production index increased from 44.3 to 46.8, which still indicates contraction but at a slower pace. Meanwhile, the services sector, which remains the main driver of growth, saw a slight dip in business activity PMI from 51.6 to 51.4. Overall, the Eurozone economy appears to be hovering near stagnation. Economic growth continues to face challenges due to weak international demand. Export orders are still declining, and with U.S. tariffs on Eurozone manufacturing rising again, the outlook remains bleak. Interestingly, however, optimism among manufacturers improved in January, suggesting businesses are counting on growth recovery throughout the year. We believe this expectation is reasonable but mainly driven by stronger domestic demand. The ECB has been gradually lowering interest rates since June 2024, and this trend is expected to continue into 2025. ECB President Christine Lagarde reiterated this gradual approach during the Davos summit this week. However, some investors are hoping for a 0.5% rate cut in January’s meeting. This scenario, though, seems unlikely, as inflation in the services sector remains around 4%, and wage growth has reached its highest level in three decades. At the same time, concerns about the Eurozone’s economic growth have increased due to political unrest in France and Germany, declining exports linked to China’s weak economy, and the potential for new tariffs imposed by Donald Trump. Nevertheless, the situation is not severe enough to prompt the ECB to accelerate rate cuts. The ECB is expected to lower rates by 0.25% in Thursday’s meeting, with Lagarde likely sticking to her recent policy stance. Investors will be watching closely for new clues about any disagreements within the ECB’s Governing Council and policymakers’ views on the neutral rate. If Lagarde does not rule out the possibility of more aggressive rate cuts in the future, the euro could face downward pressure. A larger potential risk lies in new developments on the tariff front, especially if Trump makes statements about imposing trade restrictions on the EU. Additionally, Thursday’s initial GDP estimate for Q4 2024 in the Eurozone could trigger market reactions. These figures could significantly influence market expectations and the euro’s trajectory.
Short
by Ali_PSND