possibility of uptrend The price is expected to fluctuate in the current support and resistance range. If the price crosses the resistance range, the beginning of the upward trend will be formed After crossing the level of 138%, the downward trend will continueLongby STPFOREX1
EUR/GBP: Bearish Breakout from Descending Triangle - Watch for FAnalysis: EUR/GBP is exhibiting a bearish breakout from a descending triangle pattern. This technical development suggests that the GBP is gaining strength against the EUR. A break below the triangle's support line often precedes an accelerated downtrend. Supporting this bearish outlook is the Relative Strength Index (RSI) currently trading below 50. This indicator reading signifies weakness in the EUR/GBP pair. it's crucial to stay updated on relevant economic news that may influence price movements. Key points: Descending triangle breakout: This chart pattern is a well-recognized technical indicator for a bearish continuation. RSI below 50: The RSI is a momentum oscillator, and a reading below 50 suggests weakness in the EUR/GBP pair. News events: Economic data releases or central bank policy announcements can significantly impact currency markets. Shortby behnamxt2
EURGBP LONG Major Support Level reached. Expect a little consolidation before a long position from 0.85000 to 0.85250Longby seezway4x0
EURGBP (UPDATE) Is Going Up | Buy EURGBP Is Going Up! Buy! Here is our detailed technical review for EURGBP. The market is approaching a key horizontal level 0.849. Considering the today's price action, probabilities will be high to see a movement to 0.851.Longby XAUUSD-GOLD-PIPS0
EURGBPThe overall trend on the monthly chart is bullish. On the weekly and daily charts, we have a bearish market structure indicating we are in a correction. On the 4 hour chart, we are awaiting a break of key structure to confirm bearish momentum. I am looking to trade the bullish correction thereafter targeting the disequilibrium between 0.85 to 0.87by morrisgitau1
EURGBPEurgpb le graphique parle par lui même discount zone Daily je vise une hausse de eurgbpLongby JeanQuiFaitDuTrading1
✅EUR_GBP WILL GO UP|LONG🚀 ✅EUR_GBP has been falling recently And the pair seems locally oversold So as the pair is approaching a horizontal support of 0.8500 Price growth is to be expected LONG🚀 ✅Like and subscribe to never miss a new idea!✅Longby ProSignalsFx116
EURGBP: Potential London Session Buy Idea (Power of 3)EURGBP is currently rebounding from a H4 Discount FVG after successful rebalancing. This is followed by a market structure shift (MSS) on the H1 timeframe, indicating a potential shift towards a bullish sentiment . Presently, price has reached a m15 Discount Fair Value Gap, suggesting a possible upward movement to reach the Premium Buy Stops, our Draws on Liquidity. While a further discount move is plausible, we continue to anticipate the subsequent bullish draw. Stay tuned for a detailed video analysis on EURGBP. Kind Regards, The_ArchitectLongby The_Archi-tectUpdated 0
Bearish continuation?EURGBP has fall below the pivot, the price might continue to fall to the swing-low support. Alternatively, if price could reverse and break above the pivot and potentially rise to 1st resistance. Pivot: 0.85326 Support: 0.84995 Resistance: 0.85716 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.Shortby ICmarkets10
check the trend Considering that the price is placed between two resistance and support ranges, it is expected to witness some fluctuation and correction. Then the continuation of the upward trend is more likelyby STPFOREX0
EURGBP: Potential Long-term Bullish DrawCurrently, EURGBP exhibits potential for a bullish movement towards the relatively equal highs, serving as the Draw on Liquidity. A recent bullish market structure shift on the daily timeframe suggests a shift towards a bullish sentiment. To capitalize on this, price needed to reach discount prices, which it successfully achieved, rebalancing the discount FVG. This sets the stage for a potential bullish draw towards the Draw on Liquidity. Kind Regards, The_Architect Longby The_Archi-tect3
LONG EUR/GBP from .8545I've just gone LONG on this pair for the following reasons. We've hit WS1 support pivot level and price is now moving away from it. RSI on H1 was under 30 and now its reading 35.45. MACD is still lagging behind but the BEARS strength has reduced significantly. The Andean Oscillator was at zero and has now move away from zero with a reading of .00008. Price has hit a recent Pivot Point SuperTrend BUY line. My STOP on this trade is at .8537 which is a minimal 8 pips - this is a hard STOP and will not be adjusted. Target initially is the WPP mid pivot at .8559 (+14) but if we reach that level and the BULLS are still in control, then I'll adjust the T.P. higher.Longby forextraplacesUpdated 0
EURGBP Expected Growth! BUY! My dear followers, This is my opinion on the EURGBP next move: The asset is approaching an important pivot point 0.8546 Bias - Bullish Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market. Goal - 0.8555 About Used Indicators: For more efficient signals, super-trend is used in combination with other indicators like Pivot Points. ——————————— WISH YOU ALL LUCK Longby AnabelSignalsUpdated 111
EURGBP: Potential Buy IdeaI am anticipating EURGBP to reach the Inducement Order Block situated at discount prices before considering a bullish run towards the buy stops. Kind Regards, The_Architectby The_Archi-tect0
EURGBP: Potential London Session Buy Idea (Power of 3)The ICT Power of 3 Model outlines a structured approach to interpreting market dynamics: 1. Accumulation (Asian Session) : During this phase, Smart Money strategically accumulates buy-side and sell-side orders, setting the stage for subsequent market movements. 2. Manipulation/Judas Swing (London Session) : In this phase, market participants are enticed into making potentially erroneous moves through manipulation tactics. Following the manipulation, it is prudent to await a confirmation entry signal before targeting the Draw On Liquidity. 3. Distribution (New York Session) : Typically occurring during the New York Session, this phase involves a move aimed at establishing the high of the day, indicative of market distribution. By adhering to this model, traders can better navigate market behavior and identify opportune moments for trade execution with a heightened level of professionalism. Works best with other ICT PDA confluences (order blocks, fvg, etc) Kind Regards, The_ArchitectLongby The_Archi-tectUpdated 0
EURGBP..SHORTOANDA:EURGBP SHORTposition can be taken in the specified ZONE There is no position before the ZONEShortby ForexCSPUpdated 226
British Pound can rebound up to resistance line of wedgeHello traders, I want share with you my opinion about British Pound. Observing the chart, we can see that the price a not long time ago declined from the 0.8570 resistance level to the 0.8520 support level, which coincided with the buyer zone inside the range. After this price rebounded up from the support level and rose almost to the top part of the range, but soon it fell back and some time traded near the 0.8520 level. Then GBP rose again to the top part of the range, which this movement coincided with the seller zone and at once turned around and fell to the buyer zone. In a short time later price exited from range, broke the support level, and declined to lower even buyer zone. After this, GBP entered to wedge pattern, where it soon made a strong upward impulse from the support line to the resistance line, which is located in the seller zone, thereby breaking the 0.8520 level one more time. Then price made a correction lower resistance level, after which it turned around and in a short time rose back to the resistance line of the wedge. But a not long time ago GBP bounced from this line and declined to support line, after which it recently bounced and started to rise. In my mind, the British Pound can correct to the support line and then rebound up to the resistance line of the wedge. So, for this reason, I set my target at 0.8560 points, which coincided with the resistance line. Please share this idea with your friends and click Boost 🚀 Longby LegionQ83
possibility of correction Considering that the support trend line has been broken, the likely scenario is that the continuation of the downward trend will be formed according to the specified paths. If the price crosses the resistance range and stabilizes, it will be possible to continue the upward trendShortby STPFOREX0
EURGBP PAIR AS PER MY OPINION HEY, this is just an opinion, its not a trade setup.. trade at your own risk. i will buy around 0.85250 level. Thanks Shortby umairsario1
EURGBP - Short from bearish order block ✅Hello traders! ‼️ This is my perspective on EURGBP. Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, as price started to form lower lows and lower highs, so I look for a short. I want price to continue the retracement to fill the imbalance and then to reject from bearish order block. Fundamental news: On Thursday we have news with high impact on EUR, we will see results of Interest Rate. Like, comment and subscribe to be in touch with my content!Shortby Snick3rSD9