EURGBP SHORT FORECAST Q2 W17 D3 Y25EURGBP SHORT FORECAST Q2 W17 D23 Y25
Summary
- Weekly Orderblock
- 15' Orderblock
Requirements
- Setup A) Await 15' breaks of structure - Pull back short from created 15' order block
- Setup B) Lowertime frame break of structure via current available 15' order block
- Setup C) Break and retest via 15' order block created upon the break of structure.
๐ 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.
๐The rest, we leave to the balance of probabilities.
๐กFail to plan. Plan to fail.
๐It has always been that simple.
โค๏ธGood luck with your trading journey, I shall see you at the very top.
๐ฏTrade consistent, FRGNT X
EURGBP trade ideas
EUR-GBP BEAR CONTINUATION Greetings everyone, this pair is showing signs of a nice bear trend for the coming week ahead. I'm looking to add a short position if we can get a pullback into the resistance zone and show failure. I would keep my eye on this one for continuation to the down side for more profit potential.
EURGBP INTRADAY bullish continuation support at 0.8450EUR/GBP maintains a bullish bias, supported by the prevailing upward trend. Recent intraday movement indicates a corrective pullback toward a key consolidation zone, offering a potential setup for trend continuation.
Key Support Level: 0.8450 โ previous consolidation range and pivotal support
Upside Targets:
0.8736 โ initial resistance
0.8787 and 0.8900 โ extended bullish targets on higher timeframes
A bullish reversal from 0.8500 would suggest continuation of the uptrend, confirming buying momentum.
However, a decisive break and daily close below 0.8500 would invalidate the bullish structure, opening the door for further retracement toward 0.8450, with additional support at 0.8370 and 0.8300.
Conclusion
EUR/GBP remains bullish above 0.8500. A bounce from this level supports further gains. Traders should watch for confirmation signals before positioning for 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.
The Day Ahead Tuesday 22 April - Macro Data to Watch
US
Philadelphia Fed (non-manufacturing) โ Insight into regional services sector strength.
Richmond Fed Index โ Regional manufacturing pulse; can affect rate expectations.
Business Conditions โ Sentiment read, relevant for short-term economic momentum.
Eurozone
Consumer Confidence (April) โ A leading indicator for consumer spending.
Debt-to-GDP (2024) โ Helps assess fiscal sustainability/risk premium.
Canada
March Industrial Product Price Index & Raw Materials Price Index โ Key inflation inputs, may influence BoC policy outlook.
Central Bank Speakers (Potential Market Movers)
Fed
Jefferson, Kashkari, Harker โ Watch for any guidance on rate cuts/timing.
ECB
Knot speaks; ECBโs Survey of Professional Forecasters also out โ Insight into inflation/monetary policy expectations.
Earnings (Market Impact: High)
Big Names Reporting:
Tesla โ Retail/institutional focus; moves broad market + sentiment.
SAP โ Tech/enterprise software sector read.
GE, RTX, Lockheed Martin, Northrop Grumman โ Defense/industrial tone-setters.
Verizon, Intuitive Surgical, Danaher, Chubb โ Broad sector coverage; healthcare, telecom, insurance.
Elevance Health, MSCI, Moody's, Equifax โ Key reads on health insurers, financials, and credit conditions.
Enphase Energy, EQT, Baker Hughes โ Energy sector sentiment, especially in renewables/oil services.
US Treasury Auctions
2-Year Note Auction โ Short-end yield focus; critical for curve shape and rate expectations.
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 Will Go Up! Long!
Take a look at our analysis for EURGBP.
Time Frame: 1D
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is testing a major horizontal structure 0.854.
Taking into consideration the structure & trend analysis, I believe that the market will reach 0.874 level soon.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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Bullish bounce?EUR/GBP is falling towards the pivot which has been identified as a pullback support and could bounce to the overlap resistance that aligns with the 61.8% Fibonacci retracement.
Pivot: 0.8574
1st Support: 0.8530
1st Resistance: 0.8656
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:
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EURGBP Short Term Buy Idea Update!!!Hi Traders, on April 10th I shared this idea "EURGBP Short Term Buy Idea"
I expected bullish continuation higher from the marked Fibonacci support zones. You can read the full post using the link above.
Price reached the first key support zone, respected it and bounced higher as expected!!!
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EURGBP Massive Short! SELL!
My dear subscribers,
EURGBP looks like it will make a good move, and here are the details:
The market is trading on 0.8674 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 0.8620
About Used Indicators:
The average true range (ATR) plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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WISH YOU ALL LUCK
EUR/GBP BEST PLACE TO BUY FROM|LONG
EUR/GBP SIGNAL
Trade Direction: long
Entry Level: 0.856
Target Level: 0.869
Stop Loss: 0.847
RISK PROFILE
Risk level: medium
Suggested risk: 1%
Timeframe: 3h
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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Market Analysis: EUR/GBP SlipsMarket Analysis: EUR/GBP Slips
EUR/GBP declined and is now consolidating losses above the 0.8500 region.
Important Takeaways for EUR/GBP Analysis Today
- EUR/GBP is trading in a bearish zone below the 0.8630 pivot level.
- There is a connecting bearish trend line forming with resistance near 0.8570 on the hourly chart at FXOpen.
EUR/GBP Technical Analysis
On the hourly chart of EUR/GBP at FXOpen, the pair started a steady decline from well above 0.8700. The Euro traded below the 0.8630 support level against the British Pound.
The EUR/GBP chart suggests that the pair even declined below the 0.8600 level and tested 0.8520. It is now consolidating losses and trading below the 50-hour simple moving average. Recently, there was a minor increase above the 0.8540 level.
The pair is now facing resistance near the 23.6% Fib retracement level of the downward move from the 0.8738 swing high to the 0.8518 low. There is also a connecting bearish trend line forming with resistance near 0.8570.
The next major resistance could be 0.8630 and the 50% Fib retracement level of the downward move from the 0.8738 swing high to the 0.8518 low.
A close above the 0.8630 level might accelerate gains. In the stated case, the bulls may perhaps aim for a test of 0.8685. Any more gains might send the pair toward the 0.8740 level.
Immediate support sits near 0.8520. The next major support is near 0.8500. A downside break below the 0.8500 support might call for more downsides. In the stated case, the pair could drop toward the 0.8360 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.
EUR/GBP โ Trendline Break & Retest: Reversal Confirmed?Technical Outlook:
EUR/GBP has broken above the descending trendline and is now retesting it from above near 0.8540โ0.8560. This zone is critical โ holding it confirms a trend reversal. If successful, the next upside targets are 0.8625 and 0.8680. RSI remains above 50, and MACD continues to support bullish momentum.
Fundamentals:
Dovish expectations from the BoE weigh on the pound. The euro gains support from improving inflation outlook and capital inflows. Interest rate differentials now favor EUR.
Scenarios:
๐ Main: bounce from 0.8540โ0.8560 โ move to 0.8625 and 0.8680
๐ Alt: break below 0.8540 โ retracement to 0.8500โ0.8480
EURGBP Trade IdeaHi Everyone !!
EURGBP is showing strong bearish momentum on the 1HR timeframe with clear CHoCH and BOS. I am looking to short when the price reaches my POI range 0.86795 to 0.86900, below is my trade setup, please do your own analysis before taking any trades.
Sell limit order
Sell @ 0.86795
SL - 0.86990
TP1 - 0.86595 โ Set to breakeven once TP1 is hit
Final TP - 0.86200
RR 1:3
Cheers !
Short trade
15min TF overview
๐ Trade Breakdown โ Sell-Side (EUR/GBP)
๐
Date: Monday, April 14, 2025
โฐ Time: 3:30 AM โ London Session AM
๐ Pair: EUR/GBP
๐งญ Direction: Short (Sell)
Trade Parameters:
Entry: 0.86547
Take Profit (TP): 0.85986 (โ0.65%)
Stop Loss (SL): 0.86725 (+0.21%)
Risk-Reward Ratio (RR): 3.15
๐ง Trade Narrative:
This early London session is a short-term trade idea
Reversing from a premium zone, targeting a clear drop back into discount or mid-range.
EURGBP SHORT FORECAST Q2 W16 D18 Y25EURGBP SHORT FORECAST Q2 W16 D18 Y25
Fun Coupon Friday !
SUMMARY
- Trading areas identified
- Long position via 4H order block + weekly wick imbalance fill alignment. 15' breaks of structure required prior. 15' order block to be created post 15' break of structure. B set up.
- Short position via weekly order block 15' order block identified.15' breaks of structure required prior & lower time frame break of structure + turn around in price actions. A Set up
FRGNT X
EURGBP potential longsFX:EURGBP
On the past two weeks, price has broken out from the descending channel, signaling a strong bullish momentum and is currently on the pullback towards the daily demand zone which is in about 100 pips. Although we donโt currently have an entry signal, our bias would still be buys, searching for potential long opportunities in the smaller timeframes when we get the confirmations.
The daily demand zone is also sitting around the 'Point of Control' of the volume profile, which essentially is the area with the biggest volume traded when the breakout took place. From here, we can take it as a confluence that the bulls are in power, as well as the 400 pips of movement upwards with two closed strong bullish weekly candles. However, do note that due to the fact that price respected the daily resistance zone above, there is still potential for price to break below the daily demand zone, and if price breaks below and closes, the buys may become invalid.