EUR/GBP Collapses Bearish Breakout SetupThis chart shows a short trade setup based on the price action and trendline analysis of the EUR/GBP pair on the 2-hour timeframe. The price was moving within an ascending channel, defined by two parallel white trendlines. The ascending channel suggests a temporary bullish trend where the price consistently made higher highs and higher lows.
At the top of the channel, the price experienced resistance, which led to a breakdown below the lower trendline. This breakdown signals a potential reversal of the bullish trend and marks the start of bearish momentum. The break of the lower trendline is the key signal for the short entry.
The breakdown also aligns with a shift in market sentiment, as the price failed to maintain its position within the channel. The sell-off that followed confirmed the validity of the breakout. The price is now trending downward toward a lower level, which could act as a support area.
The key levels to watch include the recent breakout point, which could act as resistance if the price attempts a pullback, and the lower support level near 0.82856. This support level aligns with a previous price range and serves as the potential target for the short position.
The descending movement following the channel break suggests strong selling pressure. To confirm the continuation of the bearish trend, the price should not re-enter the ascending channel. A retest of the lower trendline could provide further confirmation of the breakdown, while a failure to hold below it could invalidate the bearish bias. This setup reflects a clear trend reversal strategy focusing on trading the breakout of an ascending pattern.
EURGBP trade ideas
EURGBP: Long Trade Explained
EURGBP
- Classic bullish setup
- Our team expects bullish continuation
SUGGESTED TRADE:
Swing Trade
Long EURGBP
Entry Point - 0.8369
Stop Loss - 0.8344
Take Profit - 0.8416
Our Risk - 1%
Start protection of your profits from lower levels
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EURGBP-BUY strategy 6 hourly chartthe pair is oversold short-term and pullback towards 0.8430 is possible.
We are trading below the channel, and this usually suggests we see a move back towards the middle of it. this is inline with oversold state, and also the GILTS yields are declining, which could support the pair moving higher.
Strategy BUY @ 0.8365-0.8375 and take profit @ 0.8427.
EURGBPEURGBP weekly chart. The price is in a correction phase. There is a chance that the price will retest the support zone 0.82928-0.82561 again. 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 - Bearish Setup at Key ResistanceThe EURGBP pair is approaching a notable supply zone, where sellers have previously regained control and driven prices lower. This area has historically acted as resistance, suggesting the potential for bearish continuation.
A confirmation of selling pressure, such as a bearish engulfing pattern or multiple rejection wicks at the resistance level, would increase the likelihood of a downward move. If the selling momentum materializes, the price could target the 0.83586 level.
What are your thoughts on this outlook?
EUR/GBP BULLS WILL DOMINATE THE MARKET|LONG
Hello, Friends!
We are targeting the 0.846 level area with our long trade on EUR/GBP which is based on the fact that the pair is oversold on the BB band scale and is also approaching a support line below thus going us a good entry option.
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EUR RALLY ON ECB MEETING?Trading Plan for ECB Rate Decision
1. BASELINE 📊
- Market Expectations for Interest Rates: The market is anticipating a rate cut by the ECB, with a forecasted main refinancing rate of **2.90%** down from **3.15%**. The STIR markets have priced in a 50 bps cut, suggesting strong expectations for a reduction.
- Upcoming Event Predictions: Consensus is that the ECB will cut rates by either 25 bps or 50 bps to stimulate the economy due to lower inflation and weaker-than-expected growth.
- Trend Analysis: The ECB has been lowering rates since last year in response to economic challenges. This trend is likely to continue.
- Pre-positioning Observation: The flat movement in the proprietary euro index suggests cautious pre-positioning, indicating that significant moves might occur post-announcement.
2. SURPRISE⚡ :
- 25 bps Cut: If the ECB cuts rates by **25 bps**, it could lead to an upside in the euro due to repricing, as the market has priced in a 50 bps cut.
- 50 bps Cut: If the ECB cuts rates by **50 bps**, it might be seen as expected, leading to a less significant market reaction.
3. BIGGER PICTURE 🌐
- Short-term Play: If the ECB cuts rates by **25 bps**, initiate a short-term intraday trade on the predictable directional volatility, taking advantage of the potential upside in the euro due to repricing.
- Long-term Play: The broader expectations for future interest rates remain unchanged, suggesting that neither scenario will alter the bigger picture significantly.
EURGBP Will Go Up From Support! Long!
Please, check our technical outlook for EURGBP.
Time Frame: 45m
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is testing a major horizontal structure 0.837.
Taking into consideration the structure & trend analysis, I believe that the market will reach 0.839 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.
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Falling towards 50% Fibonacci support?EUR/GBP is falling towards the pivot which has been identified as an overlap support and could bounce to the pullback resistance.
Pivot: 0.83719
1st Support: 0.83258
1st Resistance: 0.84121
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EUR_GBP BULLISH CORRECTION AHEAD|LONG|
✅EUR_GBP is set to retest a
Strong support level below at 0.837
After trading in a local downtrend from some time
Which makes a bullish rebound a likely scenario
With the target being a local resistance above at 0.8391
LONG🚀
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EURGBP Testing Resistance – Pullback Toward 0.8407 ExpectedThe EURGBP pair is approaching a key resistance zone, where sellers are likely to step in. The current structure suggests a potential rejection at this level, with the price expected to pull back toward the 0.8407 level, which represents a logical target for this setup.
This setup aligns with the idea of a short-term correction from resistance, offering a potential short opportunity if rejection is confirmed.
EUR/GBP pair has broken a previous support zoneIt looks like the EUR/GBP pair has broken a previous support zone, turning it into a resistance zone. After this break, the price is now making a bullish correction to retest that area.
Trade Setup:
• Wait for the last low (marked by the red line) to be broken clearly by a strong bearish engulfing candle, confirming the continuation of the downtrend.
• Once this condition is met, enter a sell trade.
• The stop-loss should be placed above the new resistance zone (previous support) to avoid false breakouts.
• The target levels are based on the next key support zones, as shown in the chart.
This approach ensures a more precise entry, reducing risk and increasing the probability of a successful trade.
EUR/GBP ANALYSISThis is eur/gbp pair,From 4 hour there is market shift already happening showing the change in market direction to the downside also there is a series of lower high and lower low indicating bears are in the market.for entry we've to wait for a pullback towards supply zone before start looking for sell.trade safe.
EURGBP (Projection of possible opportunity zone)I think the upper part of the downtrend channel I've shown on the chart is an interesting area. This area has been respected for a whole year. To further reinforce the upper part of the channel, the 20-month EMA also lies over this zone.
Another detail related to price action is that the trend has moved without pulling back until almost reaching the top of the channel, which increases the likelihood of a reversal.
There isn't yet a pattern or formation indicating a turn, but it seems like a possible reaction zone.
Channels have been used for over a century due to their ability to clarify price action and highlight probable opportunity areas.
EURGBP SELL Trade Plan (High Probability Setup)SELL SCENARIO (Reversal from HTF Resistance)
✔ Entry: Below 0.8430 after confirmation (Break & Retest)
✔ Stop Loss: Above 0.8475 (Safe zone above liquidity grab)
✔ Take Profit Targets:
TP1: 0.8400 (First demand zone, high liquidity area)
TP2: 0.8375 (Deeper retracement to equilibrium level)
TP3: 0.8350 (Institutional demand zone)
🎯 Risk-Reward Ratio (R:R): 1:3 to 1:5 (High probability)
🎯 Confidence Level: ⭐⭐⭐⭐ (4/5) – Strong confluences but needs break confirmation.
📌 Execution Strategy:
Wait for H1 close below 0.8430 to confirm bearish continuation.
Retest entry preferred for better risk management.
Final Thoughts (Institutional Approach)
📌 What I would do as an Institutional Trader:
✔ Priority: SHORT if 0.8430 breaks & confirms below.
✔ NO TRADES if price stays choppy between 0.8430 - 0.8450 (Low momentum).
🎯 HFT Trading System Integration:
🚀 This setup aligns with SMC, ICT, and Liquidity Engineering principles.
🚀 Our system will filter out low-quality setups and only trigger when these confluences align.
🔥 Conclusion:
➡ Primary bias: Bearish if 0.8430 breaks (HTF resistance, liquidity grab, and divergence).
➡ Waiting for confirmation – NO premature entries.
🚀 Let’s stay disciplined and execute flawlessly! 🎯🔥
DeGRAM | EURGBP structure is changingEURGBP is above the descending channel between the trend lines.
The chart has broken the descending structure, but indicators point to bearish divergence.
The price has reached the upper trend line and resistance level.
We expect a correction.
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EUR/GBP - Potential Short Day TradeHi all..
Price on HTF is currently Bullish to make sure to use risk management here. This is a pullback trade hunter into HTF Demand zones.
This LTF Trade Consists of a internal protected High for price to return back into a the discount zone. We can see nice slow price action heading slightly bullish hoping before we see a nice drop.
Entry is set at two positions:
First being a simple Demand zone
Second being a Mitigation Block just under a FVG telling me price wants to hunt that Imbalance
Good Luck if you decide to Follow
EUR/USD Long, GBP/USD Short and EUR/GBP ShortEUR/USD Long
Minimum entry requirements:
• 1H impulse up above area of interest.
• If tight non-structured 5 min continuation follows, reduced risk entry on the break of it.
• If tight structured 5 min continuation follows, reduced risk entry on the break of it or 5 min risk entry within it.
• If tight non-structured 15 min continuation follows, 5 min risk entry within it if the continuation is structured on the 5 min chart or reduced risk entry on the break of it.
• If tight structured 15 min continuation follows, reduced risk entry on the break of it or 15 min risk entry within it.
GBP/USD Short
Minimum entry requirements:
• 1H impulse down below area of interest.
• If tight non-structured 15 min continuation follows, 5 min risk entry within it if the continuation is structured on the 5 min chart or reduced risk entry on the break of it.
• If tight structured 15 min continuation follows, reduced risk entry on the break of it or 15 min risk entry within it.
EUR/GBP Short
Minimum entry requirements:
• If structured 3 touch 1H continuation forms, 1H risk entry within it.