EUR/GBP Is About To Reverse?Over the past few sessions, EUR/GBP has started to show something very interesting from both a technical and positioning perspective.
While most traders are still focused on the short-term bearish structure, I’m starting to see the conditions for a potential medium-term bullish reversal developing
British Pound / Euro
No trades
Related currencies
EURGBP: At the bottom of its Descending Triangle.EURGBP turned bearish on its 1D technical outlook (RSI = 42.734, MACD = -0.0001, ADX = 24.359) as it reached the bottom (S1) of the Descending Triangle. As long as the S1 holds, target the 1D MA200 (TP = 0.8700). If broken, target the S2 level (TP = 0.85150).
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EURGBP Rejection From Descending Resistance | Bearish Continuati⚠️ EURGBP Rejection From Descending Resistance | Bearish Continuation Setup 📉
⭕ Description:
From My EURGBP 4H chart:
Price is reacting from the descending trendline resistance and supply zone while struggling to maintain bullish momentum.
The overall structure remains bearish, and current rejec
EURGBP: Bullish Rebound from Key SupportEURGBP is reacting strongly from the major support zone after a correction phase inside the bearish channel. Price is now attempting to reclaim the intermediate zone around 0.8690, a key level to confirm the return of bullish momentum.
As long as support remains protected, the preferred scenario fa
EURGBP SHORTMarket structure bearish on HTFs 3
Entry at both Weekly and Daily AOi
Weekly Rejection at AOi
Previous Weekly Structure Point
Weekly EMA Retest
Daily Rejection at AOi
Daily EMA Retest
Previous Daily Structure Point
H4 Candlestick rejection
Rejection from Previous structure
TP: WHO KNOWS!
Entry
EURGBP TP 0.8700-0.8720On the daily chart, EURGBP stabilized and rebounded after stepping back from the early demand zone, and the short-term market formed a bullish bat pattern. At present, you can pay attention to the buying opportunities in the 0.8640-0.8650 area, and the resistance in the 0.8700-0.8720 area above.
EURGBP - Bearish Trendline RejectionHello Trading Fam! 👋
EURGBP remains bearish, with price retesting a key structure resistance zone and descending trendline resistance. The current rejection area favors potential short opportunities toward lower support.
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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 GBPEUR is 1.1462 EUR — it has decreased by −0.10% in the past 24 hours. See more of GBPEUR rate dynamics on the detailed chart.
The value of the GBPEUR pair is quoted as 1 GBP per x EUR. For example, if the pair is trading at 1.50, it means it takes 1.5 EUR to buy 1 GBP.
The term volatility describes the risk related to the changes in an asset's value. GBPEUR has the volatility rating of 0.23%. Track all currencies' changes with our live Forex Heatmap and prepare for markets volatility.
The GBPEUR showed a −0.70% fall over the past week, the month change is a −0.28% fall, and over the last year it has decreased by −3.37%. Track live rate changes on the GBPEUR 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.
GBPEUR 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 GBPEUR 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 GBPEUR technical analysis. The technical rating for the pair is strong sell today, but don't forget that markets can be very unstable, so don't stop here. According to our 1 week rating the GBPEUR shows the strong sell signal, and 1 month rating is strong sell. See more of GBPEUR technicals for a more comprehensive analysis.









