EURGBP Bearish Rejection Inside Descending Channel | 1H Analysis
EURGBP remains under bearish pressure while trading inside a descending channel. Price has once again been rejected from the highlighted resistance zone, reinforcing the bearish market structure.
As long as price stays below resistance and the channel’s upper boundary, sellers remain in control. A
Euro / British Pound
No trades
No trades
Compare with EUR to GBP
Profile
The Euro vs the British Pound. This pair represents a cross between the two largest economies in Europe, the Euro Zone and the United Kingdom. The pair is greatly less volatile than other Euro or Pound based crosses because of the economic closeness and interdependence between the two. Changes in monetary policy between the Bank of England and the European Central Bank can make this pair extremely sensitive.
EURGBP H1 | Bearish Reaction Off Key ResistanceMomentum: Bearish
Price is currently below the ichimoku cloud.
Sell entry: 0.85316
- Pullback resistance
- 71% Fib retracement
- 161.8% Fib extension
- Fair value gap
Stop Loss: 0.85409
- Swing high resistance
Take Profit: 0.85193
- Overlap support
High Risk Investment Warning
Stratos Markets L
EURGBP, is an upward correction on the way ?Hello guys, hope you're doing well
Over the next few Days, I expect an upward correction on FX:EURGBP from the zone I've marked on chart
the EURO is over sold and the zone is a key zone, so let's see how it goes.
what do you think? leave your comment below this post.
EURGBP Short Term Sell IdeaH1 - Strong bearish move.
No opposite signs.
Expecting bearish continuation until the two strong resistance zones hold.
If you enjoy this idea, don’t forget to LIKE 👍, FOLLOW ✅, SHARE 🙌, and COMMENT ✍! Drop your thoughts and charts below to keep the discussion going. Your support helps keep this
EURGBP Update: Remains Under Bearish Pressure Within An ImpulseEURGBP is moving nicely lower as anticipated back in May and June, continuing the expected decline after completing the previous corrective structure. The pair is now developing the final wave E, which can take some time to complete, as wave E is expected to unfold in a three-wave (A)(B)(C) structur
Stop Looking for Entries. Start Looking for (Location).Most traders spend their entire trading journey searching for the “perfect entry.”
In my opinion, that’s the wrong question.
The better question is:
“Am I in the right location?”
⸻
Think about it.
An order block sitting in the middle of nowhere isn’t suddenly high probability because price touched i
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently asked questions
The current rate of EURGBP is 0.85001 GBP — it has increased by 0.16% in the past 24 hours. See more of EURGBP rate dynamics on the detailed chart.
The value of the EURGBP pair is quoted as 1 EUR per x GBP. For example, if the pair is trading at 1.50, it means it takes 1.5 GBP to buy 1 EUR.
The term volatility describes the risk related to the changes in an asset's value. EURGBP has the volatility rating of 0.14%. Track all currencies' changes with our live Forex Heatmap and prepare for markets volatility.
The EURGBP showed a −0.22% fall over the past week, the month change is a −1.74% fall, and over the last year it has decreased by −1.63%. Track live rate changes on the EURGBP chart.
Learn how you can make money on rate changes in numerous trading ideas created by our community.
Learn how you can make money on rate changes in numerous trading ideas created by our community.
EURGBP is a minor currency pair, i.e. a popular pair that is not associated with USD. Such pairs are also called cross currency pairs.
Currencies are usually traded through forex brokers — choose the one that suits your needs and go ahead. You can trade EURGBP right from TradingView charts — just log in to you broker account. Check out the list of our integrated brokers and find the best one for your needs and strategy.
When deciding to buy or sell currency one should keep in mind many factors including current geopolitical situation, interest rates, and other. But before plunging into a deep research, you can start with EURGBP technical analysis. The technical rating for the pair is sell today, but don't forget that markets can be very unstable, so don't stop here. According to our 1 week rating the EURGBP shows the sell signal, and 1 month rating is sell. See more of EURGBP technicals for a more comprehensive analysis.









