GBPEUR trade ideas
โ EUR/GBP Buy Setup โ Demand Zone to the Moon? โKey Zones & Levels
๐ฆ Demand Zone:
Between 0.85555 โ 0.85200
Buyers previously pushed price up here โ now acting as a strong support base!
๐ฏ Target Point:
0.87406
Potential upside of +179 pips / +2.09%
๐ข Entry Point:
Around 0.85555, just above the demand zone
Ideal spot for a Buy Entry if confirmation shows.
๐ Stop Loss:
Set at 0.85200
Smart risk protection below the zone.
Indicators
๐ Downtrend Line:
A break above this could signal the start of a bullish Reversal.
๐ EMA (7-period):
Currently around 0.85796
Reclaiming above this line strengthens the buy signal.
Trade Plan Summary
โ
Buy on bounce from demand zone
๐ Breakout of the trend line = confirmation
๐ฏ TP: 0.87406
๐ก๏ธ SL: 0.85200
โ๏ธ Risk-to-Reward Ratio: Excellent (about 1:6)
Final Thoughts
Wait for bullish candles near the entry point
Watch fundamentals too โ EUR & GBP news could impact direction
Stay alert for false breakouts below the demand zone
Triangle Breakout Alert โ EUR/GBP Ready to Fly!Hi traders! Analyzing EUR/GBP on the 30M timeframe, spotting a potential bullish breakout from a triangle pattern inside a broader downtrend:
๐น Entry: 0.86008
๐น Take Profit (TP): 0.86423
๐น Stop Loss (SL): 0.85547
Price was consolidating inside a descending channel and recently formed a symmetrical triangle pattern. After multiple touches at both trendlines, bullish momentum broke the triangle to the upside, suggesting a possible short-term reversal or corrective move against the prevailing downtrend.
The breakout is supported by a clean candle close above the triangle resistance and a potential retest of the breakout zone. RSI is turning up from the oversold area, signaling a shift in momentum.
If bulls maintain control, we could see a push toward the upper limit of the channel or even a full retracement to 0.86423, where previous structure aligns with dynamic resistance.
โ ๏ธ DISCLAIMER: This is not financial advice. Every trader must evaluate their own risk and strategy.
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!
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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.
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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.
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