EURGBPThere has been a reaction to the downward trend, but there is weakness in the correction and as a result, the power to rise. The targets have been identifiedLongby hamed-aghamirzaei2
EURGBP BUY PossibleDetailed EUR GBP forecast as well as a Euro British Pound technical analysis via moving averages, buy/sell signals, and common chart indicators. Longby Verifiedtrader071
EURGBP SELL LIMIT ORDERManage SL during news time, intraday trade tp and sl mentioned not a financial adviceShortby ArehmanB110
uptrend Considering that wave B is probably finished, we expect to see the beginning of the upward trend up to the specified Fibonacci levels. If the price crosses the red support zone, the downward trend is likely to continueLongby STPFOREX113
EURGBP Breakout and Potential RetraceHey Traders, in today's trading session we are monitoring EURGBP for a buying opportunity around 0.85500 zone, EURGBP was trading in a downtrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 0.85500 support and resistance area. Trade safe, Joe.Longby JoeChampion444
EURGBP I Potential rising trend and 50% fib rejectionWelcome back! Let me know your thoughts in the comments! ** EURGBP Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support!Long03:25by BKTradingAcademy8814
EURGBP: Time to Grow! Here is Why:EURGBP had been trading within a large horizontal range on a daily basis for over a month. However, last week, the price successfully broke above its resistance level, indicating strength from the bulls. The price is now testing the previously broken structure and is expected to continue rising. Potential targets are at 0.8602 and 0.8619.Longby linofx14415
EURGBP 30MINEURGBP 30MIN R:R = 3 RBR ZONE : This zone is calculated by supply and demand method Longby amirprvf1
Buy EURGBP Bullish PennantThe EUR/GBP pair on the M30 timeframe presents a potential buying opportunity due to the presence of a well-defined bullish pennant pattern. This pattern often suggests a continuation of the prior uptrend after a brief consolidation phase. Key Points: Buy Entry: Consider entering a long position (buying) around the current price of 0.8576, positioned near the support line of the pennant. This offers an entry point close to the perceived continuation of the uptrend. Target Levels: Initial bullish targets lie at the following levels: 0.8616: This represents the height of the pennant, measured from the top trendline to the bottom trendline, projected upwards from the breakout point. 0.8640: This is a further extension of the upside target, based on the height of the previous price movement before the pennant formation. Stop-Loss: To manage risk, place a stop-loss order below the support line of the pennant, ideally around 0.8560. This helps limit potential losses if the price breaks down from the pennant pattern. Thank youLongby KABHI_FOREX_TRADING116
buy opportunities on EGbuying opportunities as the price breaks above and now fills all the rejections it might continue to push up if price breaks on 0.85600 the the long opportunities are now violated thus we wait for daily close on the trendline Longby percywell_tumelo221
EURGBPPair : EURGBP ( Euro / British Pound ) Description : Falling Wedge as an Corrective Pattern in Short Time Frame RSI - Divergence Break of Structure Consolidation Phase Completed " 12345 " Impulsive Wavesby ForexDetective2
EURGBP - Long Opportunity EURGBP has showed solid buying at demand zone and on lower time frame it's break the neckline after the conjunction for few weeks. we are going to target the current supply and our SL will be recent low. Thank you for reading. Longby RazaKhan072
EURGBP AT STRONG RESISTACE- Price at resistance zone with Bearish Pin-bar Candlestick Pattern. - Also On the daily chat, the last Candle at this zone is also a Bearish Pin-BarShortby CJEP_130
EURGBPMarket couldnt break that zone so we expect market to go back to the zone that started the move. take partial profit when the market get to zone highlighted below hope you find this useful trade carefully tell me what you think in the comment section trader ernestby manuchimsoernest1
possibility of uptrend As long as the price is above the green support range, the upward trend will continue. By consolidating above the current support range, confirmation of the uptrend will be formedLongby STPFOREX1
EURGBP IS MAKING DOUBLE BOTTOM 1DEURGBP is making double bottom with bullish divergence on daily time frame which indicate its trend reversal Longby rizwanahmed0603111
Strong Euro and Weak GBP (EURGBP) As the title says, this is what I am expecting. Many reasons why... S T U D Y Longby DannyKhan130
HelenP. I GBP can fall to support zone, where it turns aroundHi folks today I'm prepared for you British Pound analytics. A few moments ago, the price rebounded from support 1 and made a strong impulse down to the trend line, breaking support 2, which coincided with the support zone. Also then, GBP started to trades in a triangle, where it turned around from the trend line and in a short time rose to support 2, broke it, and continued to move up. Soon, the price reached support 1, but at once rebounded, and some time traded below this level until it reached the trend line, and then GBP made a fake breakout of this line, after which the price made impulse up, breaking support 1, which coincided with one more support zone. Then the price rose to 0.8600 points, after which turned around and started to decline, and at the moment, the British Pound trades near the support zone. For this reason, I expect that the EURGBP will decline to a support level, after which the price will turn around and start to move up. Therefore I set my target at the 0.8585 level. If you like my analytics you may support me with your like/comment ❤️Longby FirstNameHelen4
EUROGBP Bearish NarativeYeah that looks like it going down on the HTFs. Dont like this pair, tends to consolidate a lot. Not my cup of tea you know...Shortby DannyKhan13110
EURGBP: Bearish Continuation & Short Trade EURGBP - Classic bearish setup - Our team expects bearish continuation SUGGESTED TRADE: Swing Trade Short EURGBP Entry Point - 0.8579 Stop Loss - 0.8594 Take Profit - 0.8551 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️ Shortby UnitedSignals111
EURGBP BULLISH ON DAILY...EURGBP is exhibiting bullish signals on the daily timeframe. A discrepancy has emerged, leading to the formation of a double bottom pattern, with the price having already surpassed the neckline. Trade Strategy: Entry: CPM Stop Loss: 0.84967 Take Profit: 0.86861Longby sajidhameed28300
EuroSummit: Key of the day for the EURGBPToday finds us at the European Summit of the Eurozone Council, a biannual meeting held in Brussels to set the rules for stability, coordination, economic governance and monetary policy in the union. This morning, German business climate data and releases from President Nagel of the German Bundesbank will be released, along with UK retail sales data. This will generate a strong impact on Euro-related currency crosses and German Dax results. As the Bank of England plans to taper its monetary policies by 0.25% this year starting in June, and lower interest rates to below 4.5% by the end of 2024, this may affect the long-bearish trend of the EURGBP cross. Looking at the chart, the euro against the British pound has experienced three phases of expansion and contraction in a sideways channel. The key years for this fluctuation were 2018, 2019 and 2022, due in part to the Brexit process in 2020. Since March 2022, where the pound became heavily unbalanced against the euro with the Brexit political meltdown, it has regained value and gained ground in price against the euro after a period of strong currency expansion, which has then corrected with the pandemic period finding itself currently in a sideways period between £0.87673 and £0.85021 per euro from June 2023 to date. The long-term trend regression channel is relatively broad and higher than expected, suggesting that the euro is at a mid-price in a downtrend. The volume profile checkpoint is at 0.85837, indicating a possible move lower due to the Bank of England's tapering and monetary tightening policies versus the European Central Bank's debt expansionism. This could present a picture in which the euro continues to test lower highs, and attempts to test the bottom of the current sideways range. If the European economy grows and given that it has already tested four times, this could generate a bullish bounce towards the 0.87648 area, but it is necessary to be attentive to the movements of the British government and the ECB decisions to better understand the future direction of the currency. Especially as the Eurozone is planning to maintain Quantitative Easing whenever the Eurozone requires it, and at this point it does not seem to be a pity for the ECB to constantly expand its debt to key Eurozone countries like Germany that have slowed down their exports tremendously. So the sum of European monetary expansion versus British monetary tightening may facilitate a bearish continuation in the long term. Ion Jauregui - AT Analyst ******************************************************************************************* The information provided does not constitute investment research. The material has not been prepared in accordance with the legal requirements designed to promote the independence of investment research and such should be considered a marketing communication. All information has been prepared by ActivTrades ("AT"). The information does not contain a record of AT's prices, or an offer of or solicitation for a transaction in any financial instrument. No representation or warranty is given as to the accuracy or completeness of this information. Any material provided does not have regard to the specific investment objective and financial situation of any person who may receive it. Past performance is not reliable indicator of future performance. AT provides an execution-only service. Consequently, any person acing on the information provided does so at their own risk. Shortby ActivTrades1
Ascending Horizons: EUR/GBP Trending Upwards 🚀 Rising to the Top! 🚀 EUR/GBP continues its upward trajectory, signaling potential gains ahead. Longby ChartSavant1