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GBPEUR trade ideas

EUR/GBP Wedge Breakout (06.05.2025)The EUR/GBP Pair on the M30 timeframe presents a Potential Selling Opportunity due to a recent Formation of a Wedge Breakout Pattern. This suggests a shift in momentum towards the downside in the coming hours. Possible Short Trade: Entry: Consider Entering A Short Position around Trendline Of The Pattern. Target Levels: 1st Support – 0.8476 2nd Support – 0.8463 🎁 Please hit the like button and 🎁 Leave a comment to support for My Post ! Your likes and comments are incredibly motivating and will encourage me to share more analysis with you. Best Regards, KABHI_TA_TRADING Thank you.
Short
by KABHI_TA_TRADING
24
EUR/GBP DESCENDING TRIANGLE BEARISH PETTERNCurrent Price Action: The pair is hovering around 0.8300, with support near 0.8280. Bearish Confirmation: A sustained break below 0.8478 could target the 55-day EMA at 0.8455, reinforcing the bearish outlook. Market Sentiment: The broader trend suggests that the rise from 0.8221 may have completed, meaning further downside movement is possible. Technical Indicators: Volume contraction within the triangle indicates weakening bullish momentum, increasing the likelihood of a bearish breakout. Target Levels: If the breakdown occurs, the next major support lies near 0.8221, which was a previous low. Trading Strategy Entry Point: Consider short positions if EUR/GBP breaks below 0.8478 with strong volume confirmation. Stop Loss: Place stops above 0.8527, which is a key resistance level. Profit Target: Initial target at 0.8450, with extended downside potential toward
Short
by Zickey_11
3
Potential bearish drop?EUR/GBP has reacted off the pivot and could drop to the 1st support which acts as a pullback support. Pivot: 0.8526 1st Support: 0.8447 1st Resistance: 0.8572 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.
Short
by ICmarkets
EUR/GBP Long Position (4H Timeframe)Analysis Summary: The EUR/GBP pair has shown a potential bullish reversal on the 4-hour timeframe after forming a double-bottom structure near the 0.84800 support zone. A trendline has been drawn from recent higher lows, suggesting the initiation of an upward move. Technical Indicators: RSI (14): The RSI has broken above a descending trendline, indicating potential bullish momentum. Current RSI reading is 44.58, crossing above the signal line (40.68), hinting at growing bullish strength. Price Action: A higher low is forming in confluence with trendline support, and recent bullish candles indicate buying pressure. Trade Details: Entry: 0.85042 (Current Market Price) Take Profit (TP): 0.85583 Stop Loss (SL): 0.84805 Risk-to-Reward Ratio: Approximately 1:2 Conclusion: This trade anticipates a continuation of the bullish move, backed by RSI breakout and trendline support. A clean invalidation below 0.84805 ensures risk management is in place, while the target at 0.85583 aligns with previous resistance.
Long
by The_Trading_G3ek
EURGBP SHORT FORECAST Q2 W19 D7 Y25EURGBP SHORT FORECAST Q2 W19 D7 Y25 Professional Risk Managers👋 Welcome back to another FRGNT chart update📈 Diving into some Forex setups using predominantly higher time frame order blocks alongside confirmation breaks of structure. Let’s see what price action is telling us today! 💡Here are some trade confluences📝 ✅Weekly order block ✅15' order block ✅Intraday bearish breaks of structure ✅Tokyo ranges to be filled 🔑 Remember, to participate in trading comes always with a degree of risk, therefore as professional risk managers it remains vital that we stick to our risk management plan as well as our trading strategies. 📈The rest, we leave to the balance of probabilities. 💡Fail to plan. Plan to fail. 🏆It has always been that simple. ❤️Good luck with your trading journey, I shall see you at the very top. 🎯Trade consistent, FRGNT X
Short
by JCFRGNT
EURGBP DETAILED ANALYSIS TECHNICAL AND FUNDAMENTALSEURGBP is currently trading around 0.85, having completed a successful breakout and retest of the previous resistance-turned-support level. The price action aligns with a classic bullish continuation pattern, suggesting that the pair is poised for another upward move. My target for this bullish wave is 0.88, which corresponds to the next significant resistance zone. Technical indicators support this outlook. The formation of a falling wedge pattern on the 4-hour chart has been confirmed, with the breakout leading to a sustained upward trajectory. The retest of the breakout level has held firm, indicating strong buyer interest and the potential for continued bullish momentum. From a fundamental perspective, the euro is gaining strength due to improved economic indicators in the Eurozone, while the British pound faces headwinds amid ongoing fiscal policy uncertainties in the UK. This divergence in economic outlooks is contributing to the euro's relative strength against the pound, further supporting the bullish case for EURGBP. In summary, the combination of technical patterns and fundamental factors suggests that EURGBP is well-positioned for a move toward 0.88. Traders should monitor key support levels to manage risk and look for confirmation of continued bullish momentum as the pair approaches the target zone.
Long
by AndrewsMarket-Mastery
5
EUR_GBP WILL FALL|SHORT| ✅EUR_GBP has hit a key structure level of 0.8540 Which implies a high likelihood of a move down As some market participants will be taking profit from their long positions While others will find this price level to be good for selling So as usual we will have a chance to ride the wave of a bearish correction SHORT🔥 ✅Like and subscribe to never miss a new idea!✅ 

 Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Short
by ProSignalsFx
1
EURGBP SHORT FORECAST Q2 W19 D5 Y25EURGBP SHORT FORECAST Q2 W19 D5 Y25 Professional Risk Managers👋 Welcome back to another FRGNT chart update📈 Diving into some Forex setups using predominantly higher time frame order blocks alongside confirmation breaks of structure. Let’s see what price action is telling us today! 💡Here are some trade confluences📝 ✅Weekly order block ✅15' order block ✅Intraday bearish breaks of structure ✅Tokyo ranges to be filled 🔑 Remember, to participate in trading comes always with a degree of risk, therefore as professional risk managers it remains vital that we stick to our risk management plan as well as our trading strategies. 📈The rest, we leave to the balance of probabilities. 💡Fail to plan. Plan to fail. 🏆It has always been that simple. ❤️Good luck with your trading journey, I shall see you at the very top. 🎯Trade consistent, FRGNT X
Short
by JCFRGNT
EURGBP SHORT FORECAST Q2 W18 D1 Y25EURGBP SHORT FORECAST Q2 W18 D1 Y25 Professional Risk Managers👋 Welcome back to another FRGNT chart update📈 Diving into some Forex setups using predominantly higher time frame order blocks alongside confirmation breaks of structure. Let’s see what price action is telling us today! 💡Here are some trade confluences📝 ✅Weekly order block ✅15' order block ✅Intraday bearish breaks of structure ✅Tokyo ranges to be filled 🔑 Remember, to participate in trading comes always with a degree of risk, therefore as professional risk managers it remains vital that we stick to our risk management plan as well as our trading strategies. 📈The rest, we leave to the balance of probabilities. 💡Fail to plan. Plan to fail. 🏆It has always been that simple. ❤️Good luck with your trading journey, I shall see you at the very top. 🎯Trade consistent, FRGNT X
Short
by JCFRGNT
Shorts for EURGBPFX:EURGBP Previously, we mentioned about the price having potential to react off the daily swap zone after falling from the daily resistance zone. However, price gave us only about 100 pips, before failing and breaking down below the daily swap zone. Since price previously reacted off the high time frame daily resistance zone, the break below of the swap zone signals continuous push towards the downside. Currently, price has reached the demand zone and price has rebounded. This zone may be seen as insignificant because, from the bearish price action, we expect it to eventually break below the demand zone and continue the downtrend towards the daily demand zone.
Short
by CandleCipher
Trade Idea: EUR/GBP Long PositionTimeframe: 4H Entry Price: ~0.85168 Trade Type: Buy (Long Position) Technical Justification: Bullish Reversal Setup: After an extended downtrend, price action has formed a potential reversal pattern with higher lows, indicating early signs of bullish momentum. Break of Consolidation Zone: Price has broken above recent consolidation, suggesting a possible trend shift. RSI Confirmation: The RSI (14) has crossed above its moving average and is currently above 50, supporting bullish momentum. Risk-Reward Setup: The trade offers a favorable risk-to-reward ratio with a stop-loss set below recent lows at 0.84765 and a target near the previous resistance zone at 0.85980. Trade Details: Entry: 0.85168 Stop-Loss: 0.84765 Take-Profit: 0.85980 Risk-Reward Ratio: Approx. 1:2.5 Market Outlook: This long setup aligns with potential bullish divergence and a structure break on the 4H chart, offering an ideal opportunity for swing traders anticipating a correction or trend reversal.
Long
by The_Trading_G3ek