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Euro / British Pound

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EURGBP trade ideas

EURGBP with two probabilities for 10/25/2024EURGBP with a high probability to make the decision for 10/25/2024 ✅️ : 🔸️If the price exceeds the green bar 🟩, with the bar closing in the hour above: there will be a high chance of entering a purchase as indicated in the chart, respecting the day, news and the stop loss. 🔸️If the price exceeds the red bar 🟥, with the bar closing in the hour below: there will be a high chance of entering a sale as indicated in the chart, respecting the day, news, and the stop loss.
Short
by Abderrahmane_24
BUY EURGBP for bearish trend reversal STOP LOSS : 0.8302BUY EURGBP for bearish trend reversal STOP LOSS : 0.8302 We can see a strong divergence on the MACD already and There is a strong trend reversal on the daily time frame chart..... The daily time frame is showing strength of trend reversal from this strong level of Support so we are looking for the trend reversal and correction push from here ..... TAKE PROFIT : take profit will be when the trend comes to an end, feel from to send me a direct DM if you have any question about take profit or anything Remember to risk only what you are comfortable with…….trading with the trend, patient and good risk management is the key to success here
Long
by BALE_FX
EUR GBP SETS UP FOR A BUY-LONG:The best trades are the ones that allow you to buy low in price, sometimes even at their last leg of a short. This is what sort of happened with EUR GBP earlier today when I saw its price get so low and tempting to buy an order, but there was also a reversal setup taking place which also had momentum in the price action, something you don't often see when bargain hunting on trading. I knew that this trade would ascend and run nicely for EUR GBP because the currency combo had 2 macd's working its return to momentum, these would give an early indication of how long the currency pair might need macd to support its future growth, but it was also a chance to catch up with miserable clients and koolj. So take profit for educational purposes ate 84.30 Stop Loss: 83. Buy up until 83.50 I should go to target quickly with very little data economic today. Thanks for taking the time to read.
Long
by Easy_Explosive_Trading
EUR/GBP may rise 21 - 31 pipsOur pivot point stands at 0.8323. Our preference The upside prevails as long as 0.8323 is support. Alternative scenario The downside breakout of 0.8323 would call for 0.8306 and 0.8296. Comment The RSI is trading above 70. This could mean that either the pair is in a lasting uptrend or just overbought and that therefore a correction could shape (look for bearish divergence in this case). The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 0.8329 and 0.8330). Finally, the EUR/GBP is trading above its upper Bollinger band (standing at 0.8343). Supports and resistances 0.8397 ** 0.8386 * 0.8376 ** 0.8366 0.8345 last 0.8330 0.8323 ** 0.8306 * 0.8296 ** Number of asterisks represents the strength of support and resistance levels.
Long
by Daniel_Thompson