EURGBP.1.MINI trade ideas
EURGBP Wave Analysis – 18 February 2025
- EURGBP broke the support zone
- Likely to fall to support level 0.8265
EURGBP currency pair recently broke the support zone between the support level 0.8300 (which stopped the previous impulse wave i at the end of January) and the 61.8% Fibonacci correction of the upward ABC correction 4 from December.
The breakout of this support zone accelerated the active short-term impulse wave iii of the higher order impulse wave 5 from January.
EURGBP currency pair can be expected to fall to the next support level 0.8265 (former low of the minor correction b from the end of December).
EUR/GBP - Weekly OutlookTop Down Analysis
Daily- We appear to be making a Batwing Fibonacci. Targeting two points of liquidity . I would like to sweep sell side Liquidity before reversing from that Mitigation Block you will see in the 4H
4H- Elliots wave correction finishing the "E" leg suggesting a larger move out of this liquidity trend
1H- Same view expect I mark out in better details where I belive a Liquidity grab might occur
Good luck to all the traders that might follow
EURGBP coiling energy buildup, The Week Ahead 17th Feb 25The EURGBP currency pair price action sentiment appears bearish, supported by the longer-term prevailing downtrend.
The key trading level is at 0.8380, which is the 25th February swing high. An oversold rally from the current levels and a bearish rejection from the 0.8380 level could target the downside support at 0.8286 followed by 0.8245 and 0.8200 levels over the longer timeframe.
Alternatively, a confirmed breakout above 0.8380 resistance and a daily close above that level could trigger further rallies higher and a retest of 0.8400 resistance level followed by 0.8420 and 0.8460.
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Long IdeaBullish, price near/at zone - re-tracement potentially complete. Looking for a buy with confirmation for possible higher prices.
Safe and happy trades.
EURGBP Awaiting President Lagarde's SpeechEUR/GBP Awaiting President Lagarde's Speech
Today, during the opening of the US market, ECB President Christine Lagarde is scheduled to speak. Probably the ECB may respond to President Trump's tariff threats.
French Foreign Minister Jean-Noel Barrot has also stated that the EU is prepared to take action in response to Trump's tariffs.
If this scenario unfolds, we may see EUR/GBP rising from its current zone, potentially targeting previous highs.
Key Resistance Zones:
0.8360 and 0.8400
You may find more details in the chart!
Thank you and Good Luck!
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EUR/GBP may go lower next weekPrice filled sunday's gap and from there we got a strong impulse down.
Price also stuggled to go up from support at 0.83000.
Bulls were weak or there was low interest in buying.
This tells me that price may go down lower and at least take out week's
lows.
For entry wait for some pullback or open a small position
and add to it later. This because friday ended with
strong bearish candle and current prices doesn't give a good
R/R.
EUR/GBP Price Forecast – Cup & Handle Breakdown Incoming!The EUR/GBP pair is forming a Cup & Handle pattern, signaling a potential bearish breakout. The market is testing the support line, and a strong bearish candle will confirm the move downward. Stay patient and wait for confirmation! 🔥
📊 Technical Analysis
✅ ☕ Cup & Handle Pattern – A bearish continuation setup
✅ 📉 Support Line Test – Price approaching a key breakdown level
✅ 🔻 Breakout Confirmation – Wait for a strong bearish candle to enter
🎯 Technical Target Levels:
📌 0.822 – First target for short-term profits
📌 0.800 – Extended target for deeper downside
📢 Trading Strategy:
🔹 Wait for a confirmed break below the support line
🔹 Ensure strong bearish momentum before entering 🔥
🔹 Follow the downtrend for maximum profits
🔹 Set stop-loss above the handle formation for risk management
📉 A major move is coming—stay patient, follow the trend, and capitalize!
📌 Like, comment & follow for more trading updates! 🔔
EUR-GBP Local Bullish Bias! Buy!
Hello,Traders!
EUR-GBP is already making
A bullish rebound after the
Retest of the rising support
Line which reinforces our
Local bullish bias and makes
Us expect a local bullish
Move up
Buy!
Comment and subscribe to help us grow!
Check out other forecasts below too!
EUR/GBP Technical Analysis: Bullish Rebound from Key Support!!Key Observations:
1. Support Zone & Trendline:
A support zone (marked in red) is visible, which aligns with a rising trendline. The price has tested this area and bounced upwards, suggesting demand at this level.
2. Bullish Rejection & Confirmation:
The recent price action shows rejection of lower prices within the support zone.
A bullish candle has emerged after the price tested this zone, hinting at potential upside momentum.
3. Moving Average Resistance:
The 200-day EMA (Exponential Moving Average) at 0.84058 acts as a significant resistance level.
If the price sustains above the trendline and support zone, a potential retest of the 200 EMA is likely.
4. Price Target & Direction:
The blue arrow suggests an expected bullish move.
The immediate target is around 0.8400 - 0.8450, where the 200 EMA and previous price action resistance exist.
Conclusion & Trading Plan:
Bullish Bias: As long as the price holds above the trendline and support zone, further upside is favored.
Breakout Confirmation: A daily close above 0.8350 could further confirm bullish momentum.
Bearish Scenario: If the price breaks below the trendline and support zone, it could trigger a bearish move toward 0.8250.
EG long tradeThe pair is consolidating and stabilizing.
POC is at .0833
RSI in neutral zone
MACD histogram showing weakening bearish momentum
Trade plan:
Entry: 0.8330 - 0.8340 (Point of control)
Take Profit Levels:
TP1: 1.0450 (Minor resistance)
TP2: 1.0480 - 1.0500 (Major resistance)
TP3: 1.0550 (Supply zone)
Buy EURGBPThis looks like a good buy, price has been rejecting off of this trendline all week. Expect a big move to the upside. The Euro is also gaining strength across the board
EURGBP BULLISH Technically:
EURGBP is respecting the support zone
EURGBP is respecting the bullish trendline
EURGBPEURGBP is in a correction phase. If the price can hold above 0.82396, there is a chance that the price will rebound. Consider buying the red zone.
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>>GooD Luck 😊
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EURGBP Possible Sell EURGBP is still in a down trend and a possible sell in place after price break down the flag and the support level.
Good LUck
EUR_GBP LONG FROM RISING SUPPORT|
✅EUR_USD is trading along the rising support
And as the pair will soon retest it
I am expecting the price to go up
To retest the supply levels above at 0.8350
LONG🚀
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EURGBP1.4H
2.TREND UPT/uptrend
3.KEY LEVEL SUPPORT/support
4.SYMMETRICAL TRIANGLE/
5.INDICATORS/RSI67/STO11/VOLBULLISH /rsi46/sto23/volbearish
6.rsi29/sto19/volbullish signs//rsi40/sto41vol bullish
7.FIB EXTERN DoNE / blue up /
8.FIB RETRACE DONE /red zone reversal pattern//break the blue before of gaps
9.strong support zone /
10buy zone and uptrend /
11.1/2,1/3,1/4,1/5
12DIVERGENCE / BULLISH DIVERGENCE /BULLISH HIDDEN /bullish divergence / bet point to buy/
13.bullish expanding triangle/bullish kicker/bullish engulfing
14.reversal divergence /bullish falling wedge /exp bos/losest zone/bos bullish
Buy at thiszone we look for new during the week before buying or volitiles
B$r/bos/
1.2H
2.TREND UPT/upt
3.KEY LEVEL RESISTANCE ZONE/support zone/
4. BULLISH EXPENDING TRIANDLE /symmetrical triangle
5.INDICATORS/RSI44/STO24/VOLBULLISH /rsi55/sto38/volbullish sentiment /
6rsi30/sto31/vol bullish signs
7.FIB EXTERN DONE/
8.FIB RETRACE DONE/
9.exp buyers here /buyers try topush the price higher
10support zone /false breakoiut
11.1/2,1/3,1/4,1/6
12DIVERGENCE . BULLISH HIDDEN// bllish divergence /bullish divergence with gap
13CANDLE STICK PATTERN/long weak at support zone /threewhite strikes/bullish harami/hammerbullish/
14REVERSAL DIVERGENCE /exp bos
1.1h
Bullish for the week ww looking forward to the news
Check mataf for pip calcul/ 0.0100 gbp perpip
Contrat: 7 USD = 5 GBP
pips valeur: 0 GBP
Levier: 0.05
Risque: 0.02 GBP = 0.02%
Profits: 0.15 GBP = 0.15%
Rendement:Risque: 5.97:1 /excute 4 at each level
Scenario on EURGBP 13.2.2025On this chart, I see the situation like this: if I should take a short, then the first sfp at the price level of 0.83800-0.84000, if I should be interested in a long position, then the first target that makes more sense to me is the sfp at the price of 0.8300, other scenarios are other alternatives where the market could react if certain conditions are met
DeGRAM | EURGBP back in the channelEURGBP is in a descending channel between the trend lines.
The price has already reached the upper boundary of the channel and the resistance level, which previously acted as a pullback point.
The chart retains a harmonic pattern.
We expect the decline in the channel to continue.
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Share your opinion in the comments and support the idea with like. Thanks for your support!
EurGbP Bullish Setup.Just waiting for a good entry zone to push it high before it continues selling .
I will see how it goes . Happy trading
EURGBP Buy Good RR trade idea. A strong buy zone at D1 may move the price back into a weekly supply zone. Zone refined to H1 around 30 pips. Risk management makes trading enjoyable, not otherwise
Bearish drop?EUR/GBP is rising towards the pivot and could drop to the 1st support which is a pullback support.
Pivot: 0.83641
1st Support: 0.83171
1st Resistance: 0.84032
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