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Eurgbpsetup

EURGBP Short SetupEURGBP Analysis The EUR/GBP pair is exhibiting a bearish trend on the higher time frames, which is favorable for our analysis. The market has formed a series of lower highs and lower lows, confirming the downward momentum. Currently, the price is testing a strong resistance level that has been retested, presenting a critical juncture. At this point, it is prudent to adopt a wait-and-see approach to observe how the market interacts with this level. A break above the resistance could invalidate our bearish setup, while a rejection and consolidation below this level would reinforce the likelihood of the bearish trend continuing. We will monitor the market's behavior closely. I hope you all had a profitable trading week, and I wish you a pleasant and restful weekend ahead. Cheers!
Short
by sirkamal
1
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 🤑🐱‍👤🤗🤩
Short
by Thief_Trader
EUR/GBP "The Chunnel" Forex Market Bullish Heist Plan🌟Hi! Hola! Ola! Bonjour! Hallo!🌟 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, Be wealthy and safe trade.💪🏆🎉 Entry 📈 : "The heist is on! Wait for the MA breakout (0.83700) then make your move - Bullish profits await!" however I advise to placing the Buy Stop Orders above the breakout MA or placing the Buy limit orders within a 15 or 30 minute timeframe. Entry from the most recent or closest low or high level should be in retest. Stop Loss 🛑: Thief SL placed at 0.83200 (swing Trade Basis) Using the 4H period, the recent / Swing Low or High level. SL is based on your risk of the trade, lot size and how many multiple orders you have to take. Target 🎯: 0.85100 (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, Sentimental Outlook: EUR/GBP "The Chunnel" Forex Market market is currently experiencing a bullish trend,., driven by several key factors. 🎇Fundamental Analysis The EUR/GBP pair is influenced by the interest rate differential between the European Central Bank (ECB) and the Bank of England (BoE). The ECB's main refinancing rate remains at 0.0%, while the BoE's base rate stands at 3.5%. Recent economic indicators show Eurozone Q2 GDP growth rate slowing to 0.2% quarterly and 1.1% annualized, while UK Q2 GDP growth rate remains at 0.4% quarterly and 2.1% annualized. 🎇Macroeconomic Analysis GDP Growth Rate: Eurozone Q2 GDP growth rate slowed to 0.2% quarterly, 1.1% annualized; UK Q2 GDP growth rate at 0.4% quarterly, 2.1% annualized. Inflation Rate: Eurozone July inflation rate at 1.0% annualized; UK July inflation rate at 1.5% annualized. Unemployment Rate: Eurozone unemployment rate at 7.5%; UK unemployment rate at 3.9%. Trade Balance: Eurozone trade surplus at €24.6 billion; UK trade deficit at £-14.8 billion. 🎇COT Data Analysis Institutional Traders: 55% long, 45% short. Retail Traders: 52% short, 48% long. Large Banks: 57% long, 43% short. Hedge Funds: 50% long, 50% short. 🎇Market Sentimental Analysis Market Sentiment: 40% bullish, 60% bearish. Trader Sentiment: 29% long, 71% short. Option Skew: 25-delta put option skew at 10.5. 🎇Positioning Data Analysis Bullish Trend: 45% likely. Bearish Trend: 55% likely. Neutral Trend: 10% likely. 🎇Technical Analysis Moving Averages: 50-day MA indicating 45% bearish trend. Relative Strength Index (RSI): 40, signaling 60% oversold conditions. Bollinger Bands: Lower band breakout. 🎇Overall Outlook The EUR/GBP pair is experiencing a bearish trend, with potential buying opportunities at 0.83700. However, some analysts predict a bullish continuation, targeting 0.85100. The pair's technical outlook points to a buildup of bearish momentum as markets turn cautious ahead of US President Donald Trump's trade policy and Federal Reserve Chairman Jerome Powell's testimony. ⚠️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 🤑🐱‍👤🤗🤩
Long
by Thief_Trader
EUR/GBP "European Cross" Bank Money Heist Plan on Bullish Side.Hallo! My Dear Robbers / Money Makers & Losers, 🤑 💰 This is our master plan to Heist EUR/GBP "European Cross" Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal / Trap at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich. Entry : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Swing Low Stop Loss 🛑 : Recent Swing Low using 2H timeframe Attention for Scalpers : If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money 💰. Warning : Fundamental Analysis news 📰 🗞️ comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update. Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target. Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style. Stay tuned with me and see you again with another Heist Plan..... 🫂
Long
by Thief_Trader
EUR/GBP Technical Analysis## EUR/GBP Technical Analysis Timeframe: 15-Minute Chart ### Chart Overview: The EUR/GBP pair on the 15-minute timeframe exhibits detailed recent price action, incorporating several technical elements that suggest potential future movements. ### Key Elements: 1. Downtrend Channel: - The chart initially indicates a downtrend channel, with the price respecting the upper trendline as resistance and the lower trendline as support. - This channel suggests a bearish trend with lower highs and lower lows up to a certain point. 2. Breaking Out of the Channel: - Recently, the price appears to have broken out of the downtrend channel to the upside, indicating a potential reversal or at least a short-term bullish correction. - The breakout is accompanied by a consolidation phase just above the previous upper trendline. 3. Support and Resistance Levels: - Resistance Levels: Immediate resistance levels are noted at 0.84603, 0.85181, and above these, at the previous high around 0.8535. - Support Levels: Key support levels include 0.84571, 0.84578, 0.84206, and further below at 0.84042 and 0.8400. These levels have provided significant support in the past and could act as potential bounce points if the price declines. ### Conclusion: The EUR/GBP pair is currently in a critical phase, having recently broken out of a downtrend channel. The price action around key support and resistance levels will be crucial in determining the next move. Volume analysis supports the recent bullish breakout, suggesting potential for further upside if key resistance levels are breached. Always manage your risk with appropriate stop losses and position sizing.
by THE-10
EURGBP Bank Money heist Plan in Bullish DirectionMy Dear Robbers / Traders, This is our master plan to Heist EURGBP Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned 2 target in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich. Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target. support our robbery plan we can easily make money & take money 💰💵 Join your hands with US. Loot Everything in this market everyday.
Long
by Thief_Trader
EURGBP Bearish ContinuationAfter breaking down out of the head & shoulders pattern we broke below support acting as a stronger resistance area around 0.86259 - 0.86131. Also, price has consolidated and expanded just enough respecting a bearish trend line, creating a bearish flag & another Bearish Order block. I believe this OB is valid due to the imbalance plus a breaker block aligned within the imbalance. Once price reaches my POI I'd switch to the 15 minute time frame and look for a liquidity sweep and brake of structure during kill zone hours ( London Session ) & enter from the 15 minute order block. When all confirmations are put together and used during the correct time it's more comfortable and the probability is higher. Let me know what you guys think! Good luck to everyone trading!
Short
by ProfitPanther
Eur Gbp long EUR/GBP Long Signal: Bullish Outlook Analysis: The EUR/GBP pair is showing a promising long signal, driven by a combination of technical patterns and fundamental factors suggesting upward momentum. Here’s a brief overview of the bullish outlook: Technical Indicators: Support Zone: EUR/GBP has found strong support around the 0.84700---0.84430 level, This support zone provides a solid foundation for potential upward movement. Eurozone Economic Recovery: The Eurozone is showing signs of economic recovery, supported by robust manufacturing and services sector data. This positive economic backdrop strengthens the Euro against the British Pound. The European Central Bank (ECB) is maintaining a relatively more supportive monetary policy stance compared to the Bank of England (BoE), which is grappling with inflationary pressures. This divergence in policy outlooks is likely to favor the Euro over the Pound. The EUR/GBP pair presents a compelling long opportunity, supported by strong technical indicators and favorable fundamental factors. Traders should stay vigilant and adjust their positions as needed, keeping an eye on key economic data releases and geopolitical developments that could impact market dynamics.
Long
by realtrademaster
EURGBP: Targeting a 500+ Pips Move! Swing Buy EurgbpDear Traders, EURGBP has in bearish trend for a such a long time now, price have not shown any bullish momentum or behaviour, however, this might change price is dropping around to our discounted price zone. Where we expect a large amount of buying volume kicking in. historically, price of eurgbp tend to move slowly compared to other major pairs. So it will take months for this pair to hit our target which is 500 pips away from the entry. **like and comment our idea for more educational ideas, this will encourage us to bring you more knowledgeable ideas** Thank you, Team SetupsFX_
Long
by Setupsfx_
10
EURGBP Long Trade Setup A #long trade opportunity recently presented itself on the #europound (#EURGBP) #trading chart 📈. This is indicated by the #bullish harami candlestick 🕯️ pattern just above the 0.85253 horizontal support level. This indicates a rejection of the same level, with potential price move in the upward ⬆️ direction (#buy). Sufficient upward momentum should see price rallying towards the 0.86400 psychological level and possibly testing the strength of the 0.86473 horizontal resistance level. As always, please apply appropriate risk management. Happy trading! #crosspair
Long
by charles-okoukoni
5