EURGBP INTRADAY OutlookBullish Scenario:
The EURGBP pair maintains a bullish intraday sentiment, supported by the longer-term uptrend. The key level to watch is 0.8420, which acts as a critical resistance zone. If the price rallies above 0.8420, the uptrend could resume, targeting 0.8440, with further resistance levels at 0.8460 and 0.8500 over the longer timeframe.
Bearish Scenario:
A confirmed break below 0.8380, especially with a daily close beneath this level, would invalidate the bullish outlook. This could lead to further downside movement, with immediate support at 0.8360, followed by 0.8340 and 0.8327, signaling a deeper corrective pullback.
Conclusion:
The overall intraday trend remains bullish, with 0.8420 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
EURGBP nearing resistance – Drop toward 0.8370 next?OANDA:EURGBP is getting close to a key resistance level that has previously acted as a strong barrier, triggering bearish momentum in the past -
This zone is once again a potential point of interest for those looking for short opportunities. Given this, how price reacts here could set the tone for the next move.
If signs of rejection appear: such as long upper wicks, bearish candlestick formations, or a slowdown in bullish momentum, a move toward the 0.83700 is highly possible . However, a decisive breakout above this resistance may invalidate the bearish bias and lead to further upside. Price action at this level will be critical in determining the next move.
Just my perspective on key levels, always confirm setups and maintain solid risk management.
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 "The Chunnel" Forex Market Bearish Heist Plan🌟Hi! Hola! Ola! Bonjour! Hallo!🌟
Dear Money Makers & Robbers, 🤑 💰🐱👤🐱🏍
Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the EUR/NZD "Euro vs Kiwi" Forex Market. Please adhere to the strategy I've outlined in the chart, which emphasizes short entry. Our aim is the high-risk Green Zone. Risky level, oversold market, consolidation, trend reversal, trap at the level where traders and bullish robbers are stronger. 🏆💸Book Profits Be wealthy and safe trade.💪🏆🎉
Entry 📈 : The heist is on! Wait for the breakout of (0.82650) then make your move - Bearish profits await!"
however I advise placing Sell stop below the support line or Sell limit orders within a 15 or 30 minute timeframe. Entry from the most recent or closest low or high level should be in swing/retest.
I highly recommend to use alert in your trading platform.
Stop Loss 🛑: Thief SL placed at 1.83000 (swing Trade Basis) Using the 4H period, the recent / swing high or low level.
SL is based on your risk of the trade, lot size and how many multiple orders you have to take.
Target 🎯: 0.81950 (or) Escape Before the Target
🧲Scalpers, take note 👀 : only scalp on the Short 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, Sentimental Outlook:
The EUR/GBP "The Chunnel" Forex Market is currently experiencing a Bearish trend., driven by several key factors.
⚖️Fundamental Analysis
- The European Central Bank's (ECB) monetary policy decisions significantly impact the EUR/GBP exchange rate. The ECB's interest rate decisions influence the euro's value relative to the pound.
- The UK's economic performance, including GDP growth, inflation, and employment rates, also affects the exchange rate.
- Political developments, such as Brexit negotiations and EU-UK trade agreements, can create market volatility and impact the EUR/GBP exchange rate.
⚖️Macro Economics
- Inflation Rates: The ECB's inflation target is below, but close to, 2%. The UK's inflation rate has been above the Bank of England's 2% target. These differences can influence the exchange rate.
- Interest Rates: The ECB's interest rates are currently lower than the Bank of England's rates. This difference can impact the exchange rate.
- GDP Growth: The EU's GDP growth has been slower than the UK's in recent years. This difference can influence the exchange rate.
⚖️COT Data
- Commitment of Traders (COT): The COT report shows that large speculators, such as hedge funds and institutional investors, are currently net short on the euro. This suggests that they expect the euro to weaken against the pound.
- Non-Commercial Traders: Non-commercial traders, such as individual investors and hedge funds, are currently net long on the euro. This suggests that they expect the euro to strengthen against the pound.
⚖️Market Sentimental Analysis
- Market Sentiment: The market sentiment for EUR/GBP is currently bearish, with many analysts expecting the euro to weaken against the pound.
- Positioning: Many traders and investors are currently short on the euro, expecting it to weaken against the pound.
⚖️Trader Positions
- Institutional Traders: 55% short, 45% long
- Retail Traders: 58% short, 42% long
- Hedge Funds: 60% short, 40% long
- Commercial Traders: 52% short, 48% long
- Banks: 50% short, 50% long
⚖️Next Trend Move
- Based on the current market sentiment and positioning, the next trend move for EUR/GBP is likely to be downward, with the euro weakening against the pound.
- However, it's essential to keep in mind that market trends can change rapidly, and unexpected events can impact the exchange rate.
⚖️Quantitative Analysis
- Moving Averages: The 50-day moving average is currently above the 200-day moving average, indicating a bullish trend. However, the short-term moving averages (10-day and 20-day) are below the longer-term moving averages, indicating a bearish trend.
- Relative Strength Index (RSI): The RSI is currently at 40, indicating that the market is oversold and due for a bounce.
- Bollinger Bands: The Bollinger Bands are currently widening, indicating increased volatility.
⚖️Intermarket Analysis
- Correlation with Other Markets: EUR/GBP is currently positively correlated with the EUR/USD and negatively correlated with the GBP/USD.
- Impact of Other Markets: The EUR/GBP exchange rate is likely to be impacted by the performance of the US dollar, as well as the relative economic performance of the EU and UK.
- Commodity Prices: Changes in commodity prices, such as oil and gold, can also impact the EUR/GBP exchange rate.
⚖️Overall Summary Outlook
The EUR/GBP exchange rate is expected to decline in the short-term, driven by the bearish market sentiment and positioning. The euro's weakness against the pound is likely to continue, with a potential target of 0.8200. However, any unexpected positive developments in the EU or negative developments in the UK could lead to a reversal of the trend. Traders and investors should remain cautious and monitor market developments closely.
⚠️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
📌Please note that this is a general analysis and not personalized investment advice. It's essential to consider your own risk tolerance and market analysis before making any investment decisions.
📌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.
💖Supporting our robbery plan will enable us to effortlessly make and steal money 💰💵 Tell your friends, Colleagues and family to follow, like, and share. 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 🤑🐱👤🤗🤩
EURGBP - Approaching Key Resistance: Is 0.8370 the next target?OANDA:EURGBP is nearing a key resistance level that has previously acted as a strong barrier, triggering bearish momentum in the past. This zone also aligns with prior supply areas where sellers have stepped in, making it a potential point of interest for those looking for short opportunities. Given its historical significance, how price reacts here could set the tone for the next move.
If bearish signals emerge, such as rejection wicks, bearish candlestick patterns, or signs of weakening bullish pressure, I anticipate a move toward the 0.83700 level. However, a clear breakout above this resistance could challenge the bearish outlook and open the door for further upside. It's a pivotal area where price action will likely provide clearer clues on the next direction.
Just my take on support and resistance zones, not financial advice. Always confirm your setups and trade with a proper risk management.
DeGRAM | EURGBP completes the correctionEURGBP is in an ascending channel between the trend lines.
The price has already reached the support level and approached the lower trend line.
Indicators are forming a bullish convergence on the 1H Timeframe.
We expect the growth to resume.
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!
DeGRAM | EURGBP pullback from the retracement levelEURGBP is in an ascending channel between the trend lines.
The price is moving from the dynamic resistance, which has already acted as a pullback point, and 88.6% retracement level.
The chart formed a harmonic pattern after reaching the upper trend line.
Indicators continue to form a bearish divergence on the 4H Timeframe.
We expect a pullback.
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!
EURGBP INTRADAY upside capped at 0.8420Bullish Scenario:
The EURGBP pair maintains a bullish intraday sentiment, supported by the longer-term uptrend. The key level to watch is 0.8420, which acts as a critical resistance zone. If the price rallies above 0.8420, the uptrend could resume, targeting 0.8440, with further resistance levels at 0.8460 and 0.8500 over the longer timeframe.
Bearish Scenario:
A confirmed break below 0.8380, especially with a daily close beneath this level, would invalidate the bullish outlook. This could lead to further downside movement, with immediate support at 0.8360, followed by 0.8340 and 0.8327, signaling a deeper corrective pullback.
Conclusion:
The overall intraday trend remains bullish, with 0.8420 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.
Bullish bounce off overlap support?EUR/GBP is falling towards the support which has been identified as an overlap support and could bounce tot he 1st resistance which is a pullback resistance.
Pivot: 0.8387
1st Support: 0.8355
1st Resistance: 0.8452
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 Buyers In Panic! SELL!
My dear subscribers,
My technical analysis for EURGBP is below:
The price is coiling around a solid key level - 0.8417
Bias - Bearish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Goal - 0.8356
My Stop Loss - 0.8444
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
Market Analysis: EUR/GBP Gains StrengthMarket Analysis: EUR/GBP Gains Strength
EUR/GBP is gaining pace and might extend its upward move above the 0.8445 zone.
Important Takeaways for EUR/GBP Analysis Today
- EUR/GBP started a fresh increase above the 0.8360 resistance zone.
- There is a major bullish trend line forming with support at 0.8402 on the hourly chart at FXOpen.
EUR/GBP Technical Analysis
On the hourly chart of EUR/GBP at FXOpen, the pair started a fresh increase from the 0.8240 zone. The Euro traded above the 0.8360 level to move into a positive zone against the British Pound.
The EUR/GBP chart suggests that the pair settled above the 50-hour simple moving average and 0.8400. Immediate resistance is near 0.8445. The next major resistance for the bulls is near the 0.8460 zone.
A close above the 0.8460 level might accelerate gains. In the stated case, the bulls may perhaps aim for a test of 0.8500. Any more gains might send the pair toward the 0.8550 level in the coming days.
Immediate support sits near the 23.6% Fib retracement level of the upward move from the 0.8359 swing low to the 0.8447 high. The next major support is near a major bullish trend line at 0.8402.
The 61.8% Fib retracement level of the upward move from the 0.8359 swing low to the 0.8447 high is also at 0.8402. A downside break below the 0.8402 support might call for more downsides.
In the stated case, the pair could drop toward the 0.8360 support level. Any more losses might send the pair toward the 0.8265 level in the near term.
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.
Bullish continuation?EUR/GBP is falling towards the pivot which has been identified as an overlap support and could bounce to the 1st resistance.
Pivot: 0.8403
1st Support: 0.8367
1st Resistance: 0.8442
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.
Bearish reversal off overlap resistance?EUR/GBP is reacting off the resistance level which is an overlap resistance and could drop from this level to our take profit.
Entry: 0.8441
Why we like it:
There is an overlap resistance level.
Stop loss: 0.8473
Why we like it:
There is a pullback resistance level.
Take profit: 0.8403
Why we like it:
There is an overlap support level that aligns with the 23.6% Fibonacci retracement.
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EUR-GBP Resistance Ahead! Sell!
Hello,Traders!
EUR-GBP keeps growing in
A strong uptrend but the pair
Is already overbought so after
It hits a horizontal support
Level of 0.8473 we will be
Expecting a local bearish correction
Sell!
Comment and subscribe to help us grow!
Check out other forecasts below too!
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Believe or Not follow the blue prediction for the futureEURGBP- It's really highest highs and now headed to the lowest lows. You can see the prediction in blue. Follow me and I will make you a millionaire. Trading is not for the weak and takes a lot patience.
The best way to make money in this industry is to first get a whole life insurance policy from me. Then once it is active drop some money in it. Called paid in advance. The the policy is function in paid in advance bringing the account to cash value. The account will then begin to be your infinite bank. Next 30 days later borrow against your own account and take these funds and place them into your trading account.
So the infinite account will be building 9-15% guaranteed interest each month despite you borrowing from it and the policy provide life insurance in case you get sick or disabled like me. Then trade your balance of $.01 per $100 dollars and copy and paste trades.
If you want to learn how to trade binary first before forex you should join Brandon Boyd and Dr. Josh's class.
EUR/GBP Trade PlanEUR/GBP looks solid with a breakout strategy.
**
EUR/GBP Trade Plan
#### **🔹 Buy Setup (Bullish Breakout)**
- **Entry:** Above **0.84270**
- **Target:** **0.84700**
- **Stop Loss:** Below **0.84150** (to manage risk)
- **Confirmation:** Look for strong bullish candles or increased volume before entry.
#### **🔻 Sell Setup (Bearish Breakout)**
- **Entry:** Below **0.84100**
- **Target:** **0.83800**
- **Stop Loss:** Above **0.84200**
- **Confirmation:** Strong bearish momentum, possibly after a retest.
### **🛡️ Risk Management Tips:**
✔️ Keep risk per trade **1-2% of capital**.
✔️ Adjust position size based on Stop Loss distance.
✔️ Watch for **fake breakouts** – wait for candle closure before entry.
✔️ Avoid overleveraging; stick to **proper risk-to-reward ratios (RRR ≥ 1:2)**.
EUR/GBP BEARS ARE GAINING STRENGTH|SHORT
Hello, Friends!
EUR/GBP pair is in the uptrend because previous week’s candle is green, while the price is obviously rising on the 8H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 0.831 because the pair overbought due to its proximity to the upper BB band and a bearish correction is likely.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
✅LIKE AND COMMENT MY IDEAS✅
EURGBP H4 | Bearish Drop Based on the H4 chart analysis, we can see that the price is currently at our sell entry at 0.8427, a pullback resistance close to the 78.6% Fibonacci retracement.
Our take profit will be at 0.8386, a pullback support.
The stop loss will be placed at 0.8463, which is a multi-swing-high resistance.
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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% 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.
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Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at fxcm.com/au
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Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). 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 TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
EURGBP 15 Min INTRADAY overbought sideways consolidationBullish Scenario:
The EURGBP pair maintains a bullish intraday sentiment, supported by the longer-term uptrend. The key level to watch is 0.8420, which acts as a critical resistance zone. If the price rallies above 0.8420, the uptrend could resume, targeting 0.8440, with further resistance levels at 0.8460 and 0.8500 over the longer timeframe.
Bearish Scenario:
A confirmed break below 0.8380, especially with a daily close beneath this level, would invalidate the bullish outlook. This could lead to further downside movement, with immediate support at 0.8360, followed by 0.8340 and 0.8327, signaling a deeper corrective pullback.
Conclusion:
The overall intraday trend remains bullish, with 0.8420 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.
DeGRAM | EURGBP correction in the channelEURGBP is in an ascending channel between the trend lines.
The price has reached the dynamic resistance.
Indicators have formed a bearish divergence on the 4H Timeframe.
The chart has formed a harmonic pattern.
We expect a correction.
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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!** 🚀