EURGBP Analysis: Two Daily POIsHello traders!
EURGBP is offering two trading scenarios on the daily timeframe.
The first scenario suggests the pair may react bullishly from the next zone, setting up a bounce opportunity that could drive price higher toward the 0.84400 area.
The second scenario anticipates a bounce toward the 0.83800 area, where a mean reversion setup may come into play (if buyers step in and price action confirms bullish intent near that support).
Discretionary Trading: Where Experience Becomes the Edge
Discretionary trading is all about making decisions based on what you see, what you feel, and what you've learned through experience. Unlike systematic strategies that rely on fixed rules or algorithms, discretionary traders use their judgment to read the market in real time. It's a skill that can't be rushed, because it's built on screen time, pattern recognition, and the ability to stay calm under pressure.
There's no shortcut here. You need to see enough market conditions, wins, and losses to build that intuition—the kind that tells you when to pull the trigger or sit on your hands. Charts might look the same, but context changes everything, and that's something only experience can teach you.
At the end of the day, discretionary trading is an art, refined over time, sharpened through mistakes, and driven by instinct. It's not for everyone, but for those who've put in the work, it can be a powerful way to trade.
EURGBP trade ideas
EUR/GBP Wedge Breakout (06.05.2025)The EUR/GBP Pair on the M30 timeframe presents a Potential Selling Opportunity due to a recent Formation of a Wedge Breakout Pattern. This suggests a shift in momentum towards the downside in the coming hours.
Possible Short Trade:
Entry: Consider Entering A Short Position around Trendline Of The Pattern.
Target Levels:
1st Support – 0.8476
2nd Support – 0.8463
🎁 Please hit the like button and
🎁 Leave a comment to support for My Post !
Your likes and comments are incredibly motivating and will encourage me to share more analysis with you.
Best Regards, KABHI_TA_TRADING
Thank you.
EUR/GBP DESCENDING TRIANGLE BEARISH PETTERNCurrent Price Action: The pair is hovering around 0.8300, with support near 0.8280.
Bearish Confirmation: A sustained break below 0.8478 could target the 55-day EMA at 0.8455, reinforcing the bearish outlook.
Market Sentiment: The broader trend suggests that the rise from 0.8221 may have completed, meaning further downside movement is possible.
Technical Indicators: Volume contraction within the triangle indicates weakening bullish momentum, increasing the likelihood of a bearish breakout.
Target Levels: If the breakdown occurs, the next major support lies near 0.8221, which was a previous low.
Trading Strategy
Entry Point: Consider short positions if EUR/GBP breaks below 0.8478 with strong volume confirmation.
Stop Loss: Place stops above 0.8527, which is a key resistance level.
Profit Target: Initial target at 0.8450, with extended downside potential toward
EURGBP SHORT FORECAST Q2 W20 D13 Y25EURGBP SHORT FORECAST Q2 W20 D13 Y25
Professional Risk Managers👋
Welcome back to another FRGNT chart update📈
Diving into some Forex setups using predominantly higher time frame order blocks alongside confirmation breaks of structure.
Let’s see what price action is telling us today!
💡Here are some trade confluences📝
✅Weekly order block
✅15' order block
✅Intraday bearish breaks of structure
✅Tokyo ranges to be filled
🔑 Remember, to participate in trading comes always with a degree of risk, therefore as professional risk managers it remains vital that we stick to our risk management plan as well as our trading strategies.
📈The rest, we leave to the balance of probabilities.
💡Fail to plan. Plan to fail.
🏆It has always been that simple.
❤️Good luck with your trading journey, I shall see you at the very top.
🎯Trade consistent, FRGNT X
EURGBP SHORT FORECAST Q2 W19 D9 Y25EURGBP SHORT FORECAST Q2 W19 D9 Y25
Professional Risk Managers👋
Welcome back to another FRGNT chart update📈
Diving into some Forex setups using predominantly higher time frame order blocks alongside confirmation breaks of structure.
Let’s see what price action is telling us today!
💡Here are some trade confluences📝
✅Weekly order block
✅15' order block
✅Intraday bearish breaks of structure
✅Tokyo ranges to be filled
🔑 Remember, to participate in trading comes always with a degree of risk, therefore as professional risk managers it remains vital that we stick to our risk management plan as well as our trading strategies.
📈The rest, we leave to the balance of probabilities.
💡Fail to plan. Plan to fail.
🏆It has always been that simple.
❤️Good luck with your trading journey, I shall see you at the very top.
🎯Trade consistent, FRGNT X
EUR_GBP POTENTIAL LONG|
✅EUR_GBP will be retesting a support level of 0.8428
From where I am expecting a bullish reaction
With the price going up but we need
To wait for a reversal pattern to form
Before entering the trade, so that we
Get a higher success probability of the trade
LONG🚀
✅Like and subscribe to never miss a new idea!✅
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
EurGbp….‘CE of a balanced FVG’Good day traders, EurGbp has been on my watchlist for sometime now and I was hesitant because of the strength shown on DXY and that made me think we’d have a quiet day here yesterday.
With that been said the balanced price range is the grey rectangle shown on the chart and we can see that price showed a rejection by failing to close below the midpoint(CE). On the daily TF we are very much still bullish and till we shift structure lower on the daily TF, my overall sentiment remains. On the 4H TF we have a very bearish leg and from what we know price moves in a trend not a line so that also makes part of our thought process as well.
EURGBP: Shifting to long term bearish.EURGBP is heavily bearish on its 1D technical outlook (RSI = 36.165, MACD = 0.000, ADX = 36.508), and most likely will close the day under its 1D MA50. At the moment it is crossing below the 2025 Channel Up and if it closes under it, we will have a validated trend shift to bearish long term. It will be similar to the August 2024 decline that made a new Low after a 1D MA50 rejection. We first aim for the S1 level (TP1 = 0.83500) and as long as it remains under the 1D MA50, resell on the bounce to the S1 level (TP2 = 0.82500).
## If you like our free content follow our profile to get more daily ideas. ##
## Comments and likes are greatly appreciated. ##
Market Analysis: EUR/GBP Loses GroundMarket Analysis: EUR/GBP Loses Ground
EUR/GBP declined steadily below the 0.8460 and 0.8440 support levels.
Important Takeaways for EUR/GBP Analysis Today
- EUR/GBP is trading in a bearish zone below the 0.8460 pivot level.
- There was a break above a connecting bearish trend line with resistance near 0.8410 on the hourly chart at FXOpen.
EUR/GBP Technical Analysis
On the hourly chart of EUR/GBP at FXOpen, the pair started a fresh decline from well above 0.8500. The Euro traded below the 0.8430 level and tested 0.8400. It is now consolidating losses and trading below the 50-hour simple moving average. However, there was a break above a connecting bearish trend line with resistance near 0.8410.
The pair is now facing resistance near the 23.6% Fib retracement level of the downward move from the 0.8522 swing high to the 0.8399 low at 0.8430.
The next major resistance could be 0.8460. It coincides with the 50% Fib retracement level of the downward move from the 0.8522 swing high to the 0.8399 low. The main resistance is near the 0.8495 zone. A close above the 0.8495 level might accelerate gains. In the stated case, the bulls may perhaps aim for a test of 0.8520. Any more gains might send the pair toward the 0.8550 level.
Immediate support sits near 0.8400. The next major support is near 0.8365. A downside break below the 0.8365 support might call for more downsides. In the stated case, the pair could drop toward the 0.8300 support level.
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.
EURGBP 1DHello traders! As you can see we have BOS 1D and we came almost to our demand! On RSI hidden convergence + OTE + Order Block. From that zone I expecting reversal on LTF.
1. TP - on top we have shadow wick.
2. !!! - From downside we have global fib 0.5 (monthly demand) - manage your risks.
Have a profitable day!
EURGBP SHORT FORECAST Q2 W19 D8 Y25EURGBP SHORT FORECAST Q2 W19 D8 Y25
Professional Risk Managers👋
Welcome back to another FRGNT chart update📈
Diving into some Forex setups using predominantly higher time frame order blocks alongside confirmation breaks of structure.
Let’s see what price action is telling us today!
💡Here are some trade confluences📝
✅Weekly order block
✅15' order block
✅Intraday bearish breaks of structure
✅Tokyo ranges to be filled
🔑 Remember, to participate in trading comes always with a degree of risk, therefore as professional risk managers it remains vital that we stick to our risk management plan as well as our trading strategies.
📈The rest, we leave to the balance of probabilities.
💡Fail to plan. Plan to fail.
🏆It has always been that simple.
❤️Good luck with your trading journey, I shall see you at the very top.
🎯Trade consistent, FRGNT X
EURGBP INTRADAY range bound - BoE rate decisionTrend: Bullish
Current Price Action: Sideways consolidation within an overall rising trend.
Key Support Level: 0.8446
Key Resistance Levels: 0.8556, 0.8578, 0.8613
Bullish Scenario:
If the price pulls back and finds support at 0.8446, a bounce from this level could trigger a move towards 0.8556, and potentially extend to 0.8578 and 0.8613 in the longer term.
Bearish Scenario:
A confirmed break and daily close below 0.8446 would invalidate the bullish outlook. This could lead to further downside toward the next support levels at 0.8414 and 0.8380.
Conclusion:
The EUR/GBP pair remains in a bullish trend overall. Traders should watch for a reaction at the 0.8446 level—support holding could confirm bullish continuation, while a break below may signal deeper retracement.
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 BUY?Market is reacting to Fib area on Weekly time frame. Based on 4HR TF, the market seems to be forming a possible reversal pattern which could lead to a possible reversal.
We could see BUYERS coming in strong should the current level hold.
Disclaimer:
Please be advised that the information presented on TradingView is solely intended for educational and informational purposes only.The analysis provided is based on my own view of the market. Please be reminded that you are solely responsible for the trading decisions on your account.
High-Risk Warning
Trading in foreign exchange on margin entails high risk and is not suitable for all investors. Past performance does not guarantee future results. In this case, the high degree of leverage can act both against you and in your favor
EUR-GBP Local Long! Buy!
Hello,Traders!
EUR-GBP keeps moving
Down but I don't see any strong
Bearish pressure and so as the
Pair is about to retest a horizontal
Support level around 0.8435
We will be expecting a local
Bullish rebound and a move up
Buy!
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.
EURGBP SHORT FORECAST Q2 W20 D12 Y25EURGBP SHORT FORECAST Q2 W20 D12 Y25
Professional Risk Managers👋
Welcome back to another FRGNT chart update📈
Diving into some Forex setups using predominantly higher time frame order blocks alongside confirmation breaks of structure.
Let’s see what price action is telling us today!
💡Here are some trade confluences📝
✅Weekly order block
✅15' order block
✅Intraday bearish breaks of structure
✅Tokyo ranges to be filled
🔑 Remember, to participate in trading comes always with a degree of risk, therefore as professional risk managers it remains vital that we stick to our risk management plan as well as our trading strategies.
📈The rest, we leave to the balance of probabilities.
💡Fail to plan. Plan to fail.
🏆It has always been that simple.
❤️Good luck with your trading journey, I shall see you at the very top.
🎯Trade consistent, FRGNT X
EURGBP SHORT FORECAST Q2 W19 D7 Y25EURGBP SHORT FORECAST Q2 W19 D7 Y25
Professional Risk Managers👋
Welcome back to another FRGNT chart update📈
Diving into some Forex setups using predominantly higher time frame order blocks alongside confirmation breaks of structure.
Let’s see what price action is telling us today!
💡Here are some trade confluences📝
✅Weekly order block
✅15' order block
✅Intraday bearish breaks of structure
✅Tokyo ranges to be filled
🔑 Remember, to participate in trading comes always with a degree of risk, therefore as professional risk managers it remains vital that we stick to our risk management plan as well as our trading strategies.
📈The rest, we leave to the balance of probabilities.
💡Fail to plan. Plan to fail.
🏆It has always been that simple.
❤️Good luck with your trading journey, I shall see you at the very top.
🎯Trade consistent, FRGNT X
EUR/GBP BEST PLACE TO BUY FROM|LONG
Hello, Friends!
We are now examining the EUR/GBP pair and we can see that the pair is going down locally while also being in a downtrend on the 1W TF. But there is also a powerful signal from the BB lower band being nearby indicating that the pair is oversold so we can go long from the support line below and a target at 0.854 level.
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✅