Get started

EURO REFERENCE RATE / BRITISH POUND

No trades
See on Supercharts
Overview News
Ideas
Discussions Technicals Seasonals Economic Calendar

EUXGBP trade ideas

EURGBP short trade Idea with divergence 💶 EURGBP SHORT SETUP – Clean Supply Rejection 📉🔥 Looking at a fresh opportunity to short EURGBP based on recent price action and structure: 🔹 Market Context: Price recently pushed into a key supply zone or resistance around 0.84800–0.85000. Multiple rejections spotted at that level – suggesting weak bullish momentum and engineered liquidity. 🔹 Setup Bias: Bearish We’re anticipating a short-term correction or continuation to the downside, targeting recent demand zones or imbalances. 🔹 Trade Setup (Example): Entry: ~0.84800 Stop Loss: ~0.85100 (above supply wick) Take Profit: ~0.84100 (demand/imbalance fill area) Risk to Reward: ~1:3 potential 🔹 Confluences: Rejection candle at supply Divergence Price broke structure (BOS) to the downside earlier Overbought signals (if using RSI/Stoch) Clean imbalance zone below 📊 Execution Tip: Wait for confirmation (M15 bearish engulfing / lower high break) to avoid early entries.
Short
by Solidwealth
1
EURGBP: Strong Bullish Confirmation 🇪🇺🇬🇧 EURGBP is going to continue rising in an uptrend that the pair established at the end of May. A completion of a consolidation and a formation of a new local Higher High indicate a highly probable bullish continuation soon. Next resistance - 0.8605 ❤️Please, support my work with like, thank you!❤️ I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Long
by VasilyTrader
1
DeGRAM | EURGBP broke out of the descending channel📊 Technical Analysis ● Price has punched through the month-long descending-channel roof and is holding the break, carving a tight bullish flag along a fresh up-trend line. ● Rebound from the 0.861 demand created an inverted H&S; its 1 : 1 projection aligns with the 0.8681 pivot and the March high at 0.8703, while RSI remains mid-range, leaving upside fuel. 💡 Fundamental Analysis ● Softer UK wage-growth and uptick in jobless claims revived talk of an August BoE cut, whereas a surprise rise in the Euro-area ZEW expectations index hints at stabilising growth, nudging rate-differential momentum toward the euro. ✨ Summary Long 0.8650-0.8665; sustained trade above 0.8640 targets 0.8680 → 0.8703. Invalidate on an H1 close below 0.8610. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
Long
by DeGRAM
1
The Return Of The Rocket Booster Strategy Part 1This strategy is the reason of how my audience grew on tradingview. Its my favorite strategy and looking at it in hind sight, has been a blessing and a curse. One of these days am going to share with you how i mastered this strategy. Something not nice happened to me i broke up with my girlfriend and this forced me to study this strategy For 6 weeks every single day. Without missing a day. The pain of the break up forced me into this isolation where i was forced to study this strategy because of having no more money and losing my girlfriend to another man. Watch this video to learn more about my flagship strategy Called " The 3-Step Rocket Booster Strategy. " Rocket Boost This Content To Learn More. Disclaimer:Trading is risky please learn risk management and profit taking strategies.Also feel free to use a simulation trading account before you trade with real money.
Long
by lubosi
Bullish bounce off overlap support?EUR/GBP is falling towards the pivot, which has been identified as an overlap support and could bounce to the 1st resistance, which acts as a pullback resistance. Pivot: 0.8569 1st Support: 0.8538 1st Resistance: 0.8640 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.
Long
by ICmarkets
The Day AheadEconomic Data Highlights: 🇺🇸 US Wholesale Sales (May): Signals business demand. Weaker = bearish USD, growth worries. Stronger = supports USD, may lift yields. 🇨🇳 China Inflation (June CPI & PPI): Key for deflation risks. Low CPI/PPI = bearish CNY, AUD, metals, more rate cut talk. Stronger numbers = risk bounce, may lift AUD and commodities. 🇯🇵 Japan Machine Tool Orders & Money Supply (M2/M3): Shows capex and liquidity. Weak orders = bearish JPY, signs of slowdown. Limited impact unless there's a surprise. Central Bank Focus: 🇺🇸 FOMC Minutes: Hawkish tone = stronger USD, weaker stocks/gold. Dovish tone = bullish risk, weaker USD. 🇳🇿 RBNZ Rate Decision: Expected hold at 5.50%, but tone matters. Hawkish = NZD up, especially vs AUD/JPY. Dovish = NZD drops, AUDNZD could rise. 🇪🇺 ECB’s Nagel & Guindos: Watch for rate cut clues. Dovish = EUR weakens. Hawkish = EUR support, esp. vs JPY/CHF. Trade Setups to Watch: USD trades post-FOMC (DXY, EURUSD, USDJPY). NZD crosses after RBNZ (NZDUSD, AUDNZD). AUD & metals reacting to China inflation. EUR pairs ahead of more ECB talk Thursday. 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.
by TradeNation
Bulls Could "Wedge" Their Way Into Higher Prices On EGOANDA:EURGBP has made some impressive moves up since the Low from May 29th and Price just fell short of the Highs of April 11th before falling into a very familiar Bullish Pattern, the Falling Wedge! The Falling Wedge is typically a Bullish Pattern where we expect Price to give us a Bullish Break of the Falling Resistance and Successful Retest of the Break before Price heads Higher! Wedge Patterns can play both Reversal and Continuation Patterns dependent upon the location they form and surrounding Major Support/Resistance or Highs/Lows. In this case, we will be looking for a Continuation with Price being in an Uptrend before pausing slightly for a Consolidation Phase to form the "Triangle" of the Pattern. *It is important to note that both the Falling Resistance and Falling Support have only been tested twice where three tests of both Trendlines should point to a strong equilibrium from both Bears and Bulls, validating the legs of the Triangle and strengthening the Consolidation Bias. ( So we could see Price test the Falling Resistance one last time before falling down to the Falling Support for a 3rd test! ) Lastly, when it comes to a Wedge Pattern, we should suspect that once Price makes a 3rd Test of the Falling Support and Retraces to the 50% Fibonacci Level @ .85887, this will signal the End of the Consolidation Phase! - And this will be the time to enter! **Once the Pattern is Confirmed and Breakout is Validated, based on the "Flagpole" or Rally prior to Price falling into the Consolidation Phase we can anticipate Price to potentially rise to the most recent High on April 11th of .87374 and give the next Previous High on November 16th 2023 of .87657 a try! Fundamentally, news is light this week for both currencies in the pair with GDP m/m releasing for GBP on Friday, July 11th with a Forecast of .1%, a .4% increase from June's -.3% Also, CPI y/y for GBP will be released the following week on Wednesday, July 16th.
Long
by Novi_Fibonacci
EURGBP BUY TADE PLAN## 🔥 **Pair + Date** **EUR/GBP – July 7, 2025** --- ## 📋 **Plan Overview Table** | Type | Direction | Confidence | R\:R | Status | | ----------- | ---------- | ---------- | ---- | ------------- | | Retracement | Long (Buy) | 75% | 1:2+ | Pending setup | --- ## 📈 **Market Bias & Type** * **Bias:** Bullish retracement setup — price is approaching prior structure support near 0.8600 after impulsive bullish rally. * **Type:** Continuation (trend resumption post pullback) --- ## 🔰 **Confidence Level** **75%** * Technical structure: 35% (clear break & retest zone at 0.8600 / daily trend still intact) * Momentum: 20% (prior bullish impulse dominant on higher TFs) * Macro alignment: 20% (Euro macro slightly stronger than GBP; risk-neutral sentiment) * Session alignment: 0% (pending session confirmation) --- ## 📍 **Entry Zones** * **Primary Entry:** 0.8600 – 0.8590 (liquidity sweep + prior structure) * **Secondary Entry:** 0.8580 – 0.8570 (deep retracement / value zone) --- ## ❗ **SL with Reasoning** * **Stop Loss:** 0.8545 * Reasoning: Below structural support and liquidity pocket — invalidates bullish bias if price accepts below this level. --- ## 🎯 **TP1/TP2/TP3 Targets** * **TP1:** 0.8635 (recent structure highs / partial take) * **TP2:** 0.8665 (4H supply zone / recent swing high) * **TP3:** 0.8685 (extension target / overextension possible on strong bullish impulse) --- ## 🧠 **Management Strategy** * Risk 1% per setup. * Scale in at secondary zone if triggered. * Move SL to BE once TP1 hit. * Trail stops above H1 swing lows as price climbs. --- ## ⚠️ **Confirmation Checklist** ✅ Bullish rejection wicks / engulfing candle on M15/H1 ✅ Volume spike on retrace ✅ Entry aligned with London or NY session flow --- ## ⏳ **Validity** * **H1 retracement:** Valid for 12-24 hours or until zone is invalidated. * **H4 structure:** Valid for 48+ hours barring major macro shifts. --- ## ❌ **Invalidation Conditions** * Clean acceptance + close below 0.8545 on H1. * GBP macro suddenly strengthens on surprise data / BOE commentary. --- ## 🌐 **Fundamental & Sentiment Snapshot** * **ECB:** Neutral-hawkish bias, steady policy outlook. * **BOE:** Mixed signals, mild dovish tilt post last inflation print. * **Macro driver:** Eurozone slightly firmer fundamentals vs GBP. * **Sentiment:** Risk-neutral → no safe-haven demand distorting flows. --- ## 📋 **Final Trade Summary** EUR/GBP bullish retracement play targeting continuation of trend with value buys at 0.8600–0.8570 zone. SL 0.8545, TP 0.8635 / 0.8665 / 0.8685. Wait for confirmation before entry. --- ⚠ **Reminder:** This is not investment advice. Forex trading carries substantial risk. Trade with discipline, use licensed brokers, and follow your plan strictly.
Long
by jibkhan111