EURGBP trade ideas
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 INTRADAY overbought retracement EUR/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: 0.8525 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 0.8525 would suggest continuation of the uptrend, confirming buying momentum.
However, a decisive break and daily close below 0.8525 would invalidate the bullish structure, opening the door for further retracement toward 0.8460, with additional support at 0.8370 and 0.8300.
Conclusion
EUR/GBP remains bullish above 0.8525. 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.
EURGBP SHORT FORECAST Q2 W16 D16 Y25EURGBP SHORT FORECAST Q2 W16 D16 Y25
Morning All,
A short forecast to begin a monday morning!
Weekly order block rejection to start the week.
Bullish pressure visible therefore as always, we await confluences prior making an assumption.
In addition, we accept another reason for the trade to play against us - the weekly wick high, there is always a chance this is filled prior the turn around in price action however, if a break of 15' structure is presented, that risk will be accepted.
Happy to get involved in either of the set ups illustrated- set up 2 is clearly the "risky" trade of the two BUT did we ever forget our role is to manage risk. Set up two however have an added confluence of Tokyo range to be filled, pulling price action short.
I trust the chart analysis is becoming self explanatory.
Let's see how EURGBP plays!
FRGNT X
Bullish continuation?EUR/GBP has bounced off the pivot which is a pullback support and could rise to the 128.2% Fibonacci resistance.
Pivot: 0.8608
1st Support: 0.8527
1st Resistance: 0.8767
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:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
EUR-GBP Bullish Bias! Buy!
Hello,Traders!
EUR-GBP is trading in a
Strong uptrend and the pair
Made a bullish breakout of
The key horizontal level
Of 0.8623 then surged
Further up and is now
Making a local bearish
Correction so we are
Bullish biased and after
The retest of the new
Support level we will be
Expecting a further
Bullish 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 enters the overbought zoneEuro has gained a remarkable strength against the British pound during the latest round of tariff announcement from the US administration. However, from the historical studies we know that EURGBP rarely makes substantial trends, and more often it turns black having reached 2 standard deviations from the 20-day moving average (the upper band of the Bollinger Bands indicator). It is exactly where we observe the price now.
So, it is possible to observe the bearish turn for this currency pair, which may be associated with a bullish reversal for GBPUSD or stabilizing EURUSD or both.
Don't forget - that's just an idea, always do your own research and never forget to manage your risk!
Short trade
15min ~TF overview
๐ Trade Breakdown โ Sell-Side (EUR/GBP)
๐
Date: Thursday, April 10, 2025
โฐ Time: 12:30 PM (NY Time) โ NY Session AM
๐ Pair: EUR/GBP
๐งญ Direction: Short (Sell)
๐ Structure/Concept: Based on PD Array reference (0.5 Target)
Trade Parameters:
Entry: 0.86418
Take Profit (TP): 0.86102 (โ0.37%)
Stop Loss (SL): 0.86609 (+0.22%)
Risk-Reward Ratio (RR): 1.65
Reason: price reaching a pivotal price level and making a higher high (NY Session) suggests an indication of a sellside trade idea.
EURGBP SHORT FORECAST Q2 W15 D11 Y25EURGBP SHORT FORECAST Q2 W15 D11 Y25
Good day Traders!
Take a look at this potential short setup on EURGBP!
It has indeed been a slow week, perhaps we can capitalise on some price action to gain Fun coupons on Friday ! Price action currently sat in the higher time frame order block. For us that means our directional bias is against current trends however, as always if we see shifts and signs in that bullish pressure. Our management skills come into play.
We are currently forecasting a rejection form the weekly order block that was created Christmas week of 2023 of which shifted price action below 0.86607 until now.
Let's see if we price will come to us in a way of bearish price action.
More info on this setup later.
FRGNT X
Long trade
30min TF overview
Trade Breakdown โ Buy-Side (EUR/GBP)
๐
Date: Wednesday, April 9, 2025
โฐ Time: 4:00 AM (Tokyo to London Session Overlap)
๐ Pair: EUR/GBP
๐ Trade Direction: Long (Buy)
Trade Parameters:
Entry Price: 0.85672
Take Profit (TP): 0.86354 (+0.80%)
Stop Loss (SL): 0.85503 (-0.20%)
Risk-Reward Ratio (RR): 4.04
Buy-Side Opportunity During Tokyo-London Transition:
Trying to capitalise on pre-London liquidity grab, signalling a bullish continuation from Asia session consolidation.
EUR/GBP 1H Analysis โ Bearish Setup๐ Timeframe: 1 Hour
๐ฑ Pair: EUR/GBP
๐ Entry: 0.86129
๐ฏ TP (Take Profit): 0.84807
๐ SL (Stop Loss): 0.86565
๐ Risk-Reward: ~1:3.2
๐ง Trade Idea:
This is a Fib-based reversal setup following a strong bearish leg. Price retraced back into a key supply zone, lining up perfectly with:
๐น 61.8% - 88.6% Fib Retracement
๐น Prior structure resistance
๐น Bearish reaction from 0.86626 high
๐ Key Levels:
Fib Retracement Zone: 0.86079 โ 0.86463
Major Resistance: 0.86626 (Previous high)
Key Support/TP Zone: 0.84807 (-27% Fib Extension)
๐ฅ Trade Execution:
๐ป Entered short at 0.86129
๐ Targeting the extension zone near 0.84800, which aligns with the projected bearish continuation move.
๐ SL just above 88.6% Fib and structure at 0.86565
EURGBP Short Term Buy IdeaH4 - Strong bullish momentum
No opposite signs
Expecting retraces and further continuation higher until the two Fibonacci support zones hold.
If you enjoy this idea, donโt forget to LIKE ๐, FOLLOW โ
, SHARE ๐, and COMMENT โ! Drop your thoughts and charts below to keep the discussion going. Your support helps keep this content free and reach more people! ๐
--------------------------------------------------------------------------------------------------------------------
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
EURGBP INTRADAY corrective pullback supported 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:
0.8576 โ initial resistance
0.8616 and 0.8650 โ extended bullish targets on higher timeframes
A bullish reversal from 0.8450 would suggest continuation of the uptrend, confirming buying momentum.
However, a decisive break and daily close below 0.8450 would invalidate the bullish structure, opening the door for further retracement toward 0.8417, with additional support at 0.8400 and 0.8373.
Conclusion
EUR/GBP remains bullish above 0.8450. A bounce from this level supports further gains toward 0.8576. A close below 0.8450 would shift the outlook bearish, exposing downside risk toward 0.8373.
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.