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Eurgbp!

EURGBP - Europe will pass this winter safely!?The EURGBP currency pair is below the EMA200 and EMA50 in the 4-hour timeframe and is moving in its descending channel. If the resistance range is broken, we can witness the upward movement of this currency pair. A valid break of the drawn upward trend line will provide us with the downward path of this currency pair to the level of 0.82400. Bloomberg has reported that the cessation of Russian natural gas flow to Europe via Ukraine is likely to heighten competition with Asia and drive up the cost of alternatives. Ukrainian President Volodymyr Zelensky stated on Wednesday that Ukraine hopes increased gas supplies from the U.S. and other producers to Europe will make prices more acceptable. The flow of gas from Russia to Europe through Ukraine stopped on Wednesday, marking the end of over five decades of this route being the primary channel for gas to the Eurozone. While this move was anticipated after months of political tension, Europe still needs to replace about 5% of its gas supply and may increasingly rely on storage levels that have now dropped below average. The European Commission noted that the suspension of gas flow via Ukraine on January 1st was a foreseen scenario, and the EU is prepared for it. Christine Lagarde, President of the European Central Bank (ECB), expressed optimism that the ECB could achieve a 2% inflation rate by 2025. She stated, “We have made significant progress in reducing inflation in 2024 and hope that 2025 will be the year we reach our target as expected and planned in our strategy. However, we will continue our efforts to ensure inflation stabilizes at the 2% medium-term target.” Meanwhile, UBS has noted that the value of the U.S. dollar has increased, suggesting that investors can sell dollars more robustly and convert them to currencies such as the British pound or the Australian dollar. Despite the recent rise in the dollar’s value, driven by shifts in expectations around Federal Reserve policies and U.S. government actions, the bank believes the dollar remains overvalued. While UBS does not anticipate a sharp decline in the dollar’s value in the short term, it sees opportunities for investors to pivot toward more attractive currencies. The British pound (GBP) and Australian dollar (AUD) are among its top picks due to their potential to perform well amidst evolving global monetary conditions. Additionally, according to data from Nationwide, house prices in the UK reached near-record levels at the end of last year. This indicates that the real estate market continues to gain momentum. Nationwide reported that house prices rose by 0.7% on a monthly basis, reaching an average of £269,426 (equivalent to $337,500). This figure is only slightly below the record high of £273,751 recorded in the summer of 2022.
Long
by Ali_PSND
Bearish drop?EUR/GBP is reacting off the pivot and could drop to the 1st support. Pivot: 0.82747 1st Support: 0.82239 1st Resistance: 0.83031 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.
Short
by ICmarkets
1
EURGBP What Next? SELL! My dear subscribers, My technical analysis for EURGBP is below: The price is coiling around a solid key level - 0.8295 Bias - Bearish Technical Indicators: Pivot Points Highanticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 0.8273 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
Short
by AnabelSignals
1
#EURGBP 1DAYEURGBP (1D Timeframe) Analysis Market Structure: Trendline Breakout: The price has moved above a previously established trendline, indicating potential bullish momentum. Forecast: Buy Opportunity: The breakout suggests a shift in trend direction, favoring buyers. Further upside movement is expected as long as the price sustains above the broken trendline. Key Levels to Watch: Entry Zone: After breakout confirmation or upon retesting the broken trendline as new support. Risk Management: Stop Loss: Placed below the trendline or recent swing low. Take Profit Zones: Focus on upcoming resistance areas and psychological price levels. Market Sentiment: Positive Momentum: A breakout above resistance typically reflects strengthening buying interest and potential continuation of the upward move.
Long
by PIPSFIGHTER
EURGBP Massive Short! SELL! My dear subscribers, This is my opinion on the EURGBP next move: The instrument tests an important psychological level 0.8308 Bias - Bearish Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 0.8277 My Stop Loss - 0.8325 About Used Indicators: On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment. ——————————— WISH YOU ALL LUCK
Short
by AnabelSignals
1
Bullish bounce?EUR/GBP is falling towards the pivot which has been identified as a pullback support and could bounce to the 1st resistance which is a pullback resistance. Pivot: 0.8268 1st Support: 0.8224 1st Resistance: 0.8325 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
Bullish bounce off 50% Fibonacci support?EUR/GBP is falling towards the support level which is a pullback support that lines up with the 50% Fibonacci retracement and could bounce from this level to our take profit. Entry: 0.8269 Why we like it: There is a pullback support level that lines up with the 50% Fibonacci retracement. Stop loss: 0.8223 Why we like it: There is a pullback support level. Take profit: 0.8329 Why we like it: There is an overlap resistance 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.
Long
by VantageMarkets
EURUSD GOING DOWNEUR/USD appears poised for a bearish move, supported by key technical indicators and chart structures. Price action has rejected a significant liquidity zone, suggesting strong selling pressure and the inability of buyers to hold higher levels. A confluence of resistance from a descending trendline and the 50-day EMA strengthens the bearish outlook. On higher timeframes, a recent liquidity sweep at a key high has been followed by a sharp rejection, indicating trapped buyers and the potential for further downside. A break below the recent market structure low could trigger stop orders, accelerating the move toward the next major liquidity cluster. Watch for increasing momentum and volume as confirmation of this potential bearish shift. + responding to the liquidity rectangle, pushing down
Short
by edl75