EURGBP SHORTHello for today EURGBP after break I will sell in zone and target my TARGET as on analysis.Shortby InfiniteY2228
EURGBP: ECB representatives are creating pressure on EURO pairsEURGBP: ECB representatives are creating pressure on EURO pairs Today in a press conference ECB's Stournaras said four rate cuts for this year seem reasonable...and that's not all Other comments: We need to start rate cuts soon Should not exaggerate the risk of a wage-price spiral This does not buy the argument that the ECB cannot cut rates before the Fed Four rate cuts in 2024 seem reasonable We have to cut rates twice before the summer break All these comments are weighing on the EURO pairs today by creating a small sell-off which may continue during the day. You may find more details in the chart! Thank you and Good Luck! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️Shortby KlejdiCuni1115
Reacting off resistance?The EUR/GBP has been ranging between the 1st resistance and pivot point. The price might rise to pivot and react off the level, then drop towards the support level. Pivot: 0.85596 Support: 0.85000 Resistance: 0.85722 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 ICmarkets1
EURGBP H4 | Potential bearish reversalEURGBP is rising towards a swing-high resistance and could potentially reverse off this level to drop lower. Sell entry is at 0.85688 which is a swing-high resistance. Stop loss is at 0.85838 which is a level that sits above a pullback resistance. Take profit is at 0.85326 which is a pullback support. 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. 66% 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.Short02:02by FXCM2
EURGBPEURGBP Short at LH (also 0.5 FIB , trendline resistance intact) SL , TP mention in chartShortby SignalEdgeUpdated 0
EUR/GBP: Bullish on UK Data, Buy at 0.8540,Target 0.8560.Bullish EUR/GBP amid UK labor softness & stable German inflation, eyeing UK GDP for further cues. 1. UK Labor Market Softens: The UK's ILO Unemployment Rate experienced a slight uptick to 3.9% in the three months to February, deviating from the previous 3.8% and falling short of expectations. This weakening in the labor market might dampen investor confidence in the pound, as it indicates potential economic softness. 2. German Inflation Aligns with Expectations: The German HICP for February reported a monthly increase of 0.6% and a yearly rise of 2.7%, aligning with market forecasts. This stability in inflation rates, although indicative of sustained consumer price increases, suggests that the ECB's policy path may remain steady, offering a neutral to slightly positive backdrop for the euro. 3. Economic Focus Shifts to UK GDP: Traders are now keenly awaiting the UK's monthly GDP figures due on Wednesday. Depending on the outcome, this could significantly influence market sentiment towards the GBP. A weaker-than-expected GDP figure could further support the bullish EUR/GBP outlook, as it would underscore concerns about the UK's economic momentum. Technical Outlook: The EUR/GBP pair has attracted buyers around the 0.8540 level, suggesting a strong buy zone. Given the current economic backdrop, there's potential for a bullish run towards the 0.8560 level. Technical indicators likely support this bullish sentiment, with momentum oscillators and moving averages aligning in favor of the euro against the pound. The upcoming UK GDP data could serve as a key catalyst for this trade, so positions should be monitored closely around this release. Longby ClearTradingMindUpdated 2
Potential Breakout to the upside? Price had arrived at daily support and price seems making a wyckoff pattern here. Will it moves up eventually to make this wonder pattern come true? Lets seeLong01:22by AhFeng0
EURGBP TARGET REACHED. 🚀 and follow. Stay Tuned for more Profitable trading ideas.Longby Blue_Magic_fx3
EURGBP - 1H - CUP & HANDLE - LONG POSIITONIn this chart we have spotted cup & handle on 1H time frame and we looking for a long entry with two TP's. But I have also spotted BEARISH DIVERGENCE which might be sign of Reversal. So my hopes with LONG POSITION.Longby shahrukhshafiq0
EURGBP FOR SHORTERGBP I took last night this trade still in a entry if you use RM ucan take as a Team👬Shortby sheekeeye001
EUR/GBP H4 | Resistance overheadEUR/GBP could rise towards a pullback resistance and potentially reverse off this level to drop towards our take-profit target. Entry: 0.85661 Why we like it: There is a pullback resistance that aligns with the 127.2% Fibonacci extension level Stop Loss: 0.85780 Why we like it: There is a pullback resistance level Take Profit: 0.85396 Why we like it: There is a pullback support level Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). 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 Everest Fortune Group.Shortby VantageMarkets1
Potential bearish reversal?EUR/GBP is rising towards a pullback resistance, could the price reverse from the pullback resistance and fall towards the next support level? Pivot: 0.85502 Support: 0.84994 Resistance: 0.85748 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 ICmarkets2
Market Analysis: EUR/GBP Aims More UpsidesMarket Analysis: EUR/GBP Aims More Upsides EUR/GBP is gaining pace and might extend its rally above the 0.8550 zone. Important Takeaways for EUR/GBP Analysis Today EUR/GBP started a fresh increase above the 0.8535 resistance zone. There is a major bullish trend line forming with support near 0.8535 on the hourly chart at FXOpen. EUR/GBP Technical Analysis On the hourly chart of EUR/GBP at FXOpen, the pair started a fresh increase from the 0.8500 zone. The Euro traded above the 0.8525 level to move into a positive zone against the British Pound. The EUR/GBP chart suggests that the pair settled above the 50-hour simple moving average and 0.8535. There was a clear move above the 50% Fib retracement level of the downward move from the 0.8562 swing high to the 0.8503 low. Immediate resistance is near 0.8550 or the 76.4% Fib retracement level of the downward move from the 0.8562 swing high to the 0.8503 low. The next major resistance for the bulls is near the 0.8565 zone. A close above the 0.8565 level might accelerate gains. In the stated case, the bulls may perhaps aim for a test of 0.8600. Any more gains might send the pair toward the 0.8650 level in the coming days. Immediate support sits near a major bullish trend line or 0.8535. The next major support is near the 0.8525 zone. A downside break below the 0.8525 support might call for more downsides. In the stated case, the pair could drop toward the 0.8500 support level. Any more losses might send the pair toward the 0.8460 level in the near term. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice. by FXOpen227
uptrendIt is expected that after some fluctuation, the continuation of the upward trend will be formed by crossing the green resistance range. The alternative scenario is to witness the continuation of the correction to the support zone.Longby STPFOREX1
EURGBP H4 ProjectionThe price moving near 0.8546. As mentioned in the price chart order block area is good for buying which is near 0.8510. If the price respects this zone and makes a bullish price action structure then initiate long positions. Good Luck.by alirazaibitUpdated 1
Double Bottom on EURGBP pushing up to 50%/61.8% Fib levelsA double bottom on EURGBP, hoping for a push up to 50% level on Fib and then a rejection off the 50-61.8 and a push to the downside. Shortby meaghants443
EURGBP Trading IdeaBased on Simple Technical Analysis ( Trendline + Support & Resistance ) Risk Disclaimer: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are for educational purposes only. Any action you take on the information in these analysis is strictly at your own risk. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Good luck :-)Longby ShahedZare0
EURGBP Risky Short!EUR-GBP is making a bullish Rebound towards the horizontal Resistance level of 0.85686 And after the retest I believe We will see a bearish correction ! Shortby kacim_elloitt1
EURGBP Divergence based short/sell the position.EURGBP Divergence based short/sell the position. after visible divergence and touching the SNR level it is forecasted that market will show seller's momentum accordingly. TP and SL is chosen. What are your thoughts on it ?Shortby Trade_With_Sherry113
EURGBP SHORTS Hello old friend :) First EURGBP Potential Trade for 2024 Market Structure Bearish on HTF Weekly Daily and H4 Weekly And Daily at the same AOI Retest of Previous Structure Point Weekly Engulfing Candle Strong Bearish Momentum Weekly Rejection At AOI Market has been consolidating for weeks now but finally broke support, Looking at a Break and retest of this structure and then we go short Daily Head and Shoulder Pattern was formed, Looking at a retest of the Neckline H4 EMA Retest 95% +3 REMEMBER: Trading is a Game Of Probability : Manage Your Risk : Be Patient : Every Moment Is Unique : Rinse, Wash, Repeat! : Stay Hydrated #Follow#Share#Comment#BoostShortby mobbie_zwUpdated 116
EURGBPEURGBP Buy at HL (also 0.5 FIB , trendline support intact) SL , TP mention in chartLongby SignalEdgeUpdated 0
EURGBP Sell IdeaFollowing a careful examination of trend exhaustion and RSI levels, Uncle Jake provided thoughtful counsel and suggested considering various factors before making a Sell decision.Shortby Uncle_JakezUpdated 1
EURGBP UPDATE#EURGBP UPDATE Hey team hope you all are enjoying our ideas and analysis. Now we are here to discuss about EURGBP. EURGBP is at a strong support level and getting a good bounce. In this move we can see gain upto 100Pips+. Keep in touch we will update further soon.Longby Williamforex2