Bullish Continuation for EURGBPPerfectly inverted H&S formation on the daily time frame.
It will retest the AOI neckline zone @ 0.8450 phycological level and look for long entry.
EUXGBP trade ideas
EUR/GBP 4H Technical Analysis📊 EUR/GBP 4H Technical Analysis
EUR/GBP is currently in a clear uptrend, forming consecutive higher highs (HH) and higher lows. Price is trading above the 50 EMA, which is acting as dynamic support and confirming bullish momentum.
🔻 After reaching a recent high near 0.8510, the pair is now pulling back. A key Area of Interest (AOI D) is identified between 0.8450–0.8475, aligning with:
Previous structure (resistance turned support)
The rising 50 EMA
Demand zone from earlier consolidation
📈 A bullish reaction is expected from this zone, with potential continuation toward new highs above 0.8550.
EUR/GBP 4H Bullish Breakout Trade Setup – Demand Zone to 0.85250📉 Trendline Break
🔵 A key trendline was broken 🔽 (bearish ➡️ bullish shift).
✂️ This break signals potential upside movement as sellers lose control.
🟦 Demand Zone (BUY Area)
📍 Zone: 0.83967 – 0.84249
🛒 Buyers expected here!
🟢 Price may pull back here before heading up.
🟡 This is marked as the ENTRY POINT zone.
🔴 Stop Loss Zone
📍 Level: 0.83977
❌ Place stop loss just below the demand zone.
🛡️ Protects against downside breakout risk.
🟧 Resistance Zone
📍 Around: 0.84500 – 0.84600
⚠️ Price may face resistance temporarily before continuing the upward move.
📏 Testing this area confirms strength.
🟩 Target Zone
🎯 Target Point: 0.85250
💸 If the trade plays out, this is where profit is expected.
🚀 Bullish target above the resistance zone.
✅ Trade Setup Summary
🧩 Details
🟦 Entry 0.84240 (inside demand zone)
🔴 Stop Loss 0.83977 (below demand zone)
🟩 Target 0.85250 (above resistance)
📈 R/R Ratio ~1:4 (great risk/reward!)
🔍 Final Outlook:
🟠 Watch for: Pullback to entry zone
🟢 Then look for: Bullish candlestick confirmation
🚀 Goal: Ride it up to 0.85250 with strong momentum
EURGBP BUY?Market is reacting to Fib area on Weekly time frame. Based on 4HR TF, the market seems to be forming a possible reversal pattern which could lead to a possible reversal.
We could see BUYERS coming in strong should the current level hold.
Disclaimer:
Please be advised that the information presented on TradingView is solely intended for educational and informational purposes only.The analysis provided is based on my own view of the market. Please be reminded that you are solely responsible for the trading decisions on your account.
High-Risk Warning
Trading in foreign exchange on margin entails high risk and is not suitable for all investors. Past performance does not guarantee future results. In this case, the high degree of leverage can act both against you and in your favor
EUR/GBP 8H Buy Setup (Free Trade)📍 EUR/GBP 8H Buy Setup
Price just tapped into a clear demand zone at the 71% Fibonacci retracement — textbook wave (4) retrace in a bullish Elliott sequence. This is also our Point of Interest (POI) to catch the next leg higher into wave (5), targeting buy-side liquidity.
🟢 Confluences:
Demand zone respected
71% Fib retracement
Ichimoku Kumo twist → bullish confirmation
Structure break + strong impulsive wave (3)
🔔 Buying from here offers a clean R:R back to the highs. Let’s ride this final wave!
EURGBP draws a false breakoutExit from consolidation provokes distribution and price growth by 1%, the daily ATR is exhausted. The currency pair is forming a false breakout of resistance. The retest of the zone of interest 0.8526 and price consolidation below the level may provoke distribution
Scenario: there is no potential for growth continuation beyond 0.8538. The distribution ends with a false break of resistance and price entry into the selling zone. Consolidation under 0.8526 will confirm the break of the structure, which may be the first step towards 0.8482 or 0.8458.
EURGBP INTRADAY corrective pullback The EUR/GBP currency pair is showing a bullish bias, supported by a sustained rising trend and a recent bullish breakout above a prior consolidation zone. Price action has breached the upper boundary of the consolidation range, indicating renewed upside momentum.
Key Technical Levels:
Support:
0.8450 – Former resistance, now acting as immediate support.
0.8425 – Secondary support in case of a deeper pullback.
0.8400 – Major support and psychological round number.
Resistance:
0.8540 – Initial upside target.
0.8560 – Intermediate resistance.
0.8575 – Long-term resistance level.
A corrective pullback toward the 0.8450 support followed by a bullish rebound could reinforce the current trend and open the path toward 0.8540 and higher. However, a daily close below 0.8450 would invalidate the bullish scenario and signal further downside toward 0.8425 and potentially 0.8400.
Conclusion:
The near-term outlook for EUR/GBP remains bullish as long as the pair holds above 0.8450. A successful retest of this level would confirm breakout strength and support continuation toward 0.8540–0.8575. Conversely, a break below 0.8450 would shift the bias to neutral to bearish, suggesting further downside correction.
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 United States – University of Michigan Consumer Sentiment (June)
High impact on USD, bonds, and equities
Traders watch this for consumer confidence and inflation expectations.
Higher inflation expectations could support USD and push yields up.
Japan – April Capacity Utilisation & Tertiary Industry Index
Moderate impact on JPY and Japanese stocks
Weak data may suggest ongoing BoJ stimulus, which could weaken the yen.
Germany – May Wholesale Price Index (WPI)
Moderate impact on EUR
A key inflation signal — lower prices could reinforce expectations for ECB rate cuts.
Italy – April Trade Balance
Low to moderate impact on EUR
Surplus or deficit gives clues about external demand but usually doesn’t move markets much alone.
Eurozone – April Trade Balance & Industrial Production
High impact on EUR
IP shows economic strength or weakness. Soft numbers could pressure the euro further.
Canada – April Manufacturing Sales & Q1 Capacity Utilisation
Moderate to high impact on CAD
Strong data supports the Canadian dollar and may delay Bank of Canada rate cuts.
Key Market Watch Points:
USD: Watch for inflation expectations in the Michigan data.
EUR: Sensitive to signs of slowing growth or inflation.
JPY: Likely weak if Japan data disappoints.
CAD: Positive surprises could support CAD strength.
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
correctionConsidering the price behavior in the current support range, possible scenarios have been identified.
The possibility of a continuation of the downward trend to the green support range is possible.
EURGBP Breakout alertOANDA:EURGBP Bullish Breakout Alert!
Hey traders! 👋 Livia here 😜
OANDA:EURGBP has just broken out of the descending channel from the key demand zone at 0.84300 — showing strong bullish momentum on the 4H timeframe. 📈🔥
🎯 Technical Target:
Next stop: 0.85300 – major supply zone in sight!
This could be the beginning of a bigger move, so keep it on your radar. 📊
💬 Drop your thoughts in the comments,
❤️ Like, 🔁 Follow, and ✅ Join us for more live setups and updates!
Let’s catch the pips together! 🚀💷
— Livia
Eurgbp Buy price is currently bullish on 4hr timeframe. its trading around the 4hr demand zone and there are also lower timeframe demands zones within the 4hr demand zone add stregnth to it. there are multiple pois above current pirce action which may fuel the buy bias. im wating for price to break a 5min supply zone thats near a 4hr poi in order to enter the trade.
Price action Price has let alot of liquidity behind current will look for confirmation on 30 min chart b4 I start selling
EURGBP - Future Projections & Bearish Trend Hello Guyz, Based on my research, I am projecting price to rise high, making new HH, after that, there would be bearish divergence followed by any reversal pattern like a rising wedge, H&S or a double top (most likely).
After that, it will break the HL and we can instant Buy (sell stop pending order) with a projected TP and Stoploss placed slightly above the HH.
Projected TP would be R:R 1:1
EURGBP is bearish. I'm selling!Now, EUR is showing signs of weakness against GBP, if the momentum is sustained, this move will he swift. It may go much lower but let's take it a step at a time.
Enjoy
EURGBP: Overbought Market & Pullback🇪🇺🇬🇧
EURGBP nicely respected a key daily horizontal resistance.
After a liquidity grab above that, the price formed
a strong bearish imbalance candle on an hourly time frame.
I think that the pair will retrace to 0.85
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EURGBP INTRADAY trend reversal breakout The EUR/GBP currency pair is showing a bullish bias, supported by a sustained rising trend and a recent bullish breakout above a prior consolidation zone. Price action has breached the upper boundary of the consolidation range, indicating renewed upside momentum.
Key Technical Levels:
Support:
0.8450 – Former resistance, now acting as immediate support.
0.8425 – Secondary support in case of a deeper pullback.
0.8400 – Major support and psychological round number.
Resistance:
0.8540 – Initial upside target.
0.8560 – Intermediate resistance.
0.8575 – Long-term resistance level.
A corrective pullback toward the 0.8450 support followed by a bullish rebound could reinforce the current trend and open the path toward 0.8540 and higher. However, a daily close below 0.8450 would invalidate the bullish scenario and signal further downside toward 0.8425 and potentially 0.8400.
Conclusion:
The near-term outlook for EUR/GBP remains bullish as long as the pair holds above 0.8450. A successful retest of this level would confirm breakout strength and support continuation toward 0.8540–0.8575. Conversely, a break below 0.8450 would shift the bias to neutral to bearish, suggesting further downside correction.
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 - Inverted Head and ShouldersHello Traders !
The EURGBP price formed an inverted head and shoulders pattern.
Currently, The neckline is broken !
So, I expect a bullish move🚀
______________
TARGET: 0.85110🎯
Inverse H&S Breakout! EURGBP Eyes Resistance Zone Amid Eurozone EURGBP ( OANDA:EURGBP ) is moving between two Support zone(0.83870 GBP-0.83500 GBP) and Resistance zone(0.8511 GBP-0.8470 GBP) .
In terms of Classic Technical Analysis , EURGBP has managed to break the Neckline of the Inverse Head and Shoulders Pattern .
I expect EURGBP to rise to at least 0.84911 GBP and attack the Resistance zone(0.8511 GBP- 0.8470 GBP) .
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EURGBP Fundamental Analysis:
1. Eurozone (EUR) Overview :
The Eurozone economy has shown moderate recovery signs after pandemic disruptions.
Inflation remains a concern, but the European Central Bank (ECB) is expected to maintain or even tighten monetary policy gradually to combat inflation.
Economic data such as GDP growth and industrial production are mixed but generally indicate slow growth.
Political stability in the Eurozone is relatively steady compared to the UK.
The ECB’s forward guidance leans towards cautious optimism, supporting EUR strength over time.
2. United Kingdom (GBP) Overview :
The UK economy faces several challenges, including slower growth prospects compared to the Eurozone.
Inflation has been high but the Bank of England (BoE) has been raising interest rates aggressively to control it.
Political uncertainties related to Brexit aftermath, trade deals, and fiscal policies have created some volatility.
Consumer confidence and retail sales have shown signs of weakness in recent months.
Overall, the BoE’s hawkish stance is strong, but economic fundamentals are less robust compared to the Eurozone.
3. Comparative Factors Favoring EUR Long :
The Eurozone's relatively better economic stability and growth prospects support EUR strength.
UK economic challenges and political uncertainties weaken GBP.
ECB’s more gradual tightening approach may prevent shocks, making EUR attractive.
Brexit-related trade issues continue to pose risks for GBP.
4. Risks to Consider :
Unexpected ECB dovish moves could weaken EUR.
Positive UK economic surprises or faster-than-expected BoE tightening might strengthen GBP.
External shocks like geopolitical tensions can affect risk sentiment, impacting both currencies.
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Note: Stop Loss(SL)= 0.84221 GBP
Euro/British Pound Analyze (EURGBP), 4-hour time frame.
Be sure to follow the updated ideas.
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Bullish rise?EUR/GBP has reacted off the pivot and could rise to the 1st resistance.
Pivot: 0.8451
1st Support: 0.8402
1st Resistance: 0.8539
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EURGBPThis analysis combines both COT positioning and technical indicators to provide a comprehensive view of the EUR/GBP pair's potential movements
Bias: Bullish
Entry Zone: 0.8320 – 0.8340
EURGBP Potential Bullish Reversal OpportunityEURGBP price action seems to exhibit signs of a potential Bullish Reversal on the shorter timeframes if the price action forms (and sustains) a credible Higher High with multiple confluences from key Fibonacci and Support levels.
Trade Plan :
Entry @ 0.8459
Stop Loss @ 0.8375
TP 0.9 - 1 @ 0.8534 - 0.8540
