EURGBPEURGBP has formed inverted Head and Shoulder with strong bullish divergence. As the buyers are getting bids with this confluence. If the sell pressure resumes and buyers gets active the optimum target will be 0.8550. What you people think of this idea ?by JustTradeSignals117
RR=2.7 Buy ideaprce at suppport level + bullish crab pattern + RSI at oversold zone : possible reversal scenario PS never risk more than 2% of your capital per tradeLongby slim72
EURGBP Trading SignalDirection: Sell Enter Price: 0.85133 Take Profit: 0.84910333 Stop Loss: 0.85137333 This signal is generated using the EASY Quantum Ai strategy. Justification: 1. Technical Analysis: The current trend indicators suggest a bearish movement for the EURGBP pair. The price action has shown signs of resistance at the current Enter Price level of 0.85133, indicating potential for a downward movement. 2. Market Sentiment: Recent market sentiment analysis reflects a growing bearish outlook on the EURGBP exchange rate. This sentiment is supported by the current fundamental economic indicators and market volume trends. 3. Economic Factors: The recent economic releases from the Eurozone and the UK have influenced the market dynamics, favoring a sell position. Based on these factors, it is advised to sell at the Enter Price of 0.85133, targeting the Take Profit at 0.84910333 and setting a Stop Loss at 0.85137333 to mitigate potential risks.Shortby EasyQuantumAI1
EURGBP has now returned to the lowsEUR/GBP is now back at lows seen 22 months ago after support around the 0.8500 area fell with ease earlier today. This area now turns into short-term resistance. The next level of support is seen at around 0.8340, the early August 2022 swing-low. by Xayah_trading2
SELL EURGBP - trade explained in detailTrader Tom, an investing.com technical analyst with over 15 years’ experience, explains his trade idea using price action and a top down approach. This is one of many trades so if you would like to see more then please follow us and hit the boost button.Short03:36by Simply-Forex2
EURGBP H4 | Bearish Momentum?Based on the H4 chart analysis, we can see that the price is rising toward our sell entry at 0.8495, which is a pullback resistance and a 61.8% Fibonacci retracement. Our take profit will be at 0.8447, a swing-low support level. The stop loss will be placed at 0.8540, an overlap resistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants. Shortby FXCM1
EURGBP Long EURGBP is forming bullish divergence on RSI and the trend is expected to move upwards.Longby H2TO1
EURGBP: Bulls Will Push It is essential that we apply multitimeframe technical analysis and there is no better example of why that is the case than the current EURGBP chart which, if analyzed properly, clearly points in the upward direction. ❤️Please, support our work with like & comment!❤️Longby UnitedSignals2
EURGBP FOREX Looks short oppartunity Hi guys, In this chart i Found a Supply Zone in EURGBP CHART for Short entry, Observed these Levels based on price action and Demand & Supply. *Don't Take any trades based on this Picture. ... because this chart is for purely educational purpose only not for Buy or Sell Recommendation.. Thank you Shortby Giriraj_RUpdated 112
EUR/GBP Waiting For Bearishyou can short now or wait for break current support area at green arrow and go short with retest - General Trend is Down - EUR is Weak - Target 2 is high strong support area have fun :)Shortby maxbayne1
EURGBPMomentum divergence and break of structure; inverted head and shoulder. Bullish scenario.Longby GALACTICtradingspace5
shark pattern on EURGBPhi , we have a shark pattern with change of caracter +RSI DIVERGENCE good luckLongby amineGann117
EURGBP IN ACCUMULATION MODEPrice broke out of our descending trendline, signaling a possible change of direction occurring in the near future The market seems to be consolidating at the moment, this usually happens before the markets change direction Longby Mlando173
EUR/GBP is currently at 0.85097, presenting an entry opportunityEUR/GBP is currently at 0.85097, presenting an entry opportunity now. Consider taking profit at 0.85200, 0.85250, and 0.85300 respectively. In case the trade moves against expectations, it's advisable to close it at a stop loss of 0.85015." This provides a clear overview of the suggested actions and risk management strategy for trading EUR/GBP.Longby FOREX_trade_0122130
Potential Bull MoveDon't wish it was EASY, Wish that you had more SKILLS. This is the Euro Pound forming what is well known as a perfect AB=CD in Harmonics strategy, which is a very good sign for a reversal. Price testing the Support Zone as in the previous. There has been a good rejection from the zone which adds more confluence for a reversal. As well, price has broken the sloping TL adding more reasons to go Up stairs. As it stands, we're looking for a fly to high attitudes. The first target is the channel's resistance line although it could go further if some factors are met. Until then, we remain BULLISH ON THE EURO POUND.Longby Evaristos338
EURGBP SHORTEURGBP fail to close above 0.85200 again and now is going down for 0.84500 Shortby Ehab_AliUpdated 2
BUY EURGBP FOR TREND REVERSAL BUY EURGBP FOR TREND REVERSAL update STOP LOSS : 0.8492 From the movement is showing a possible trend reversal because more of the traders trading with the trend are already existing there trade positions , and on the 4hour time frame there is already signal of regular divergence which indicates a possible trend reversal too... there is a bigger chance of a possible reversal from this level...... you are free to contact me directly here and i will respond to all questions TAKE PROFIT : take profit will be when the trend comes to an end, feel from to send me a direct DM if you have any question about take profit or anything Remember to risk only what you are comfortable with…….trading with the trend, patient and good risk management is the key to success here Longby BALE_FX6
uptrend The uptrend is expected to advance to the resistance range. Then, according to the behavior of the price in this range, the continuation of the movement process will proceed according to the specified pathsLongby STPFOREX2
EUR/GBP BEARS ARE GAINING STRENGTH|SHORT Hello,Friends! EUR/GBP is making a bullish rebound on the 8H TF and is nearing the resistance line above while we are generally bearish biased on the pair due to our previous 1W candle analysis, thus making a trend-following short a good option for us with the target being the 0.848 level. ✅LIKE AND COMMENT MY IDEAS✅Shortby EliteTradingSignalsUpdated 224
EURGBP eyes support ahead of UK CPI printEURGBP initially began the year in a fairly well-defined trading range but showed bullish impetus after breaking out of the consolidation pattern. However, bullish momentum appeared lacking, as the pair struggled to maintain a steady directional move and has since shown a penchant towards mean reversion. 0.8635 proved too high to handle for the pair previously but the most recent bullish advance fell short of that, finding resistance around the 200-day simple moving average (SMA) before heading lower. The current spate of selling is showing signs of fatigue as the pair attempts to trade higher after four successive days of losses. The pair could find itself propped up by trendline support, which caught the bottoms in April and earlier on in May. Keep an eye out for UK CPI tomorrow where there is an expectation of a notable move lower from the prior month. With such optimism, comes the potential for disappointment if the actual data fails to reach the low levels anticipated which may see sterling lift in the moments after the print. April data has the potential to surprise to the upside as this is the month when annual price rises and index-linked increases are implemented. On the other side of the equation, if the CPI data prints inline or lower than consensus estimates, EURGBP may rise off support as markets clear the way for a Bank of England cut sooner rather than later. by Xayah_tradingUpdated 4
EURGBP Bearish ContinuationAfter breaking down out of the head & shoulders pattern we broke below support acting as a stronger resistance area around 0.86259 - 0.86131. Also, price has consolidated and expanded just enough respecting a bearish trend line, creating a bearish flag & another Bearish Order block. I believe this OB is valid due to the imbalance plus a breaker block aligned within the imbalance. Once price reaches my POI I'd switch to the 15 minute time frame and look for a liquidity sweep and brake of structure during kill zone hours ( London Session ) & enter from the 15 minute order block. When all confirmations are put together and used during the correct time it's more comfortable and the probability is higher. Let me know what you guys think! Good luck to everyone trading! Shortby ProfitPanther2
uptrend The uptrend is expected to advance to the resistance range. Then, according to the behavior of the price in this range, the continuation of the movement process will proceed according to the specified pathsLongby STPFOREX1
EURGBP Bullish ForecastThe bullish impulse prior to the rejection can serve as a potential indication of a continuation, aiming for the rejection at next main resistance zone.Longby Harry_Nan226