EURGBPWe looking for buying opportunities as we are inside an overall bullish trend and as the market is respecting the uptrending support zoneLongby officialpotego_fx0
EUR/GBPOn daily, it has made a inverted Head & Shoulders at psychological support of 0.85000. You can notice it in lower time frame as well. It potentially will go up to reach upper trend line or 0.86500 Resistant.Longby Ha-Lion221
Birds fly high🦅🦅🦅Price sitting in a weekly discount and has showed a CHOCh on the Day timeframe...Longby w2j5lTH3
Entry #2 EURGBP - Trader: NaimEdelweissFXIn my EURGBP foresight of the market indicates that a downtrend is expected after the CHoCH is broken accompanied by an FVG. However, the major FVG has been filled up by the retracements (almost 100% fib). After the retracement, we noticed a new order block formation, and decided to place an entry there. My biased is Short for this one.Shortby NaimEdelweissFXUpdated 0
EURGBP Potential DownsidesHey Traders, in the coming week we are monitoring EURGBP for a selling opportunity around 0.86100 zone, EURGBP is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.86100 support and resistance area. Trade safe, Joe.Shortby JoeChampion2
EUR/GBP (H4) : Technical and Fundamental AnalysisEUR/GBP This is classified as a major cross-currency pairing. Both currencies are among the top 4 most traded currencies in the world, with the cross pairing equal 8th most liquid pairing. The Pound also sits behind the EUR as the 3rd largest reserve currency. Transactions account for 3% of total transactions across the Forex market. Geopolitics and monetary policy divergence are key drivers for the pairing. Note: Your COMMENT, FOLLOW and SUPPORT make more strong to analyze the market more efficiently.by Millionaire_789Updated 226
Strong Reversal w/ Higher Levels In Sight - EGHere I have EUR/GBP on the 4 Hr Chart! On Feb. 26th, EG had made an IMPRESSIVE Double Bottom Pattern @ .85281 and has been stretching HIGHER! Zooming out to the Bigger Picture you can see there is an even STRONGER reversal pattern possibly at play getting ready to complete!! -The Inverted Head & Shoulders! With the NEW LOW @ .84981 on Feb. 14th, followed by the HIGHER HIGH @ .85784 on Feb. 20th, the Price decline on the 26th was a mere 38.2% Fib'd Pullback off that HIGH creating our HIGHER LOW giving a sense that the BEARS have lost their strength and BULLS could be taking over! Now this IH&S could be the beginning of what seems to be a possible Elliot Wave forming on Higher Time Frames so we could potentially see price Hit our Range Target @ (.86575 - .86881) and then push even HIGHER! (Fundamentals will be KEY) -But UNTIL then .. in order for our idea to be VALID, price MUST Break and Close above our CONFIRMATION of Pattern @ .8572 -Even though our Right Shoulder didn't meet with the Left causing an underdeveloped pattern, INVALIDATION of Pattern @ .85131 Longby Novi_FibonacciUpdated 117
Short-term and medium-term bullish outlookPersonal opinion analysis of the euro-pound currency pair: the price after testing the resistance of 0.85733 and returning to the demand area of 0.85243. The first scenario of the euro price will be seen with an increase in demand up to the middle resistance of 0.86204 in the short and medium term.Longby majidhossineUpdated 2
EURGBP inverse SHS setupPotentially inverse shoulder-head-shoulder pattern developing on EURGBP pair, should we see EUR gaining momentum and closing daily candle above 0.8565, there should be more upside risk in short term.Longby AArnis0
possibility of uptrend As long as the price fluctuates above the green support range, the continuation of the upward trend is likely By crossing the support range and the support trend line, a downward trend will be formedLongby STPFOREX1
RR=1.5 buy idea Trend strongly bullish + price bounce on support level and made a breakout of a cup and handle pattern , expecting a trend continuation (target chosen with fib level 127% ° PS never risk more than 2% of your capital per tradeLongby slim71
An inverted head and shoulder pattern setup. The EURGBP is setting up for a good reversal as we have an inverted head and shoulder pattern technical setup. But what makes this setup so appealing at the moment is the market is very bearish the Eurozone and more bullish (relatively) the UK economy (as a whole). Rightfully so as the Eurozone faces a lot of growth issues and disinflationary pressure, while the UK prospects look a little better. However, this is very well known, and the market has discounted this from the end of 2023 and beginning of 2024 and one of the reasons we have consolidated lower since the middle of January. However, what if things change? How about UK inflation pressures continue to subside? Or perhaps the UK stumbles upon some political risks? The EURGBP 38% retracement of the down move from end of December 2023 to the lows in the middle of February comes in at .8591, but the neckline of the pattern is at .8580. A break of this level would trigger the first round of buy stops, but a sustained break of .8600 would be outright bullish.Longby ForexAnalytixPipczar1
EUR-GBP Will Fall! Sell! Hello,Traders! EUR-GBP is already making a Pullback from the horizontal Resistance of 0.8566 so As we are bearish biased I think we will see A further move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!Shortby TopTradingSignals1117
EURGBP: Weak Market & Bearish Forecast It is essential that we apply multitimeframe technical analysis and there is no better example of why that is the case than the current EURGBP chart which, if analyzed properly, clearly points in the downward direction. ❤️ Please, support our work with like & comment! ❤️ Shortby UnitedSignals1110
EURGBP LOOKS BULLISHEURGBP LOOKS BULLISH I am waiting for breakout to take entry we can see strong resistance here after breakout i will take long entry here. What do you think?Longby zainmalang301
EURGBPEURGBP is currently in a bearish trend. Price is forming a bearish flag pattern, indicating a potential continuation of the uptrend. The pair is being rejected from resistance at the 50% Fibonacci retracement level, adding confluence to the bearish bias. what you guys think of this idea ?by JustTradeSignals114
DeGRAM | EURGBP channel breakingEURGBP is making higher lows and higher highs, with bulls pushing the price higher. The market broke through the descending channel. Price printing AB=CD pattern where D point completes right at 141.4% fibo extension level. We anticipate a pullback to support and continue the trend. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!Longby DeGRAM114
EURGBP my illustrated chart, I effectively present a strategy In my illustrated chart, I effectively present a strategy involving the sale of assets, incorporating intricate layers and concluding with a zone closure. I furnish comprehensive details to ensure a clear understanding, especially for those new to this. Additionally, I recommend considering a subsequent action: 🥇 SELL NOW 🙆📈 at 0.85530 🛡 Entry Price @ 0.85530 ✅ Take Profit @ 0.85260 ✅ Take Profit @ 0.85154 ✅ Take Profit @ 0.85093 🛑 Stop Loss @ 0.85890 This strategic approach aims to optimize gains while minimizing potential losses.Shortby FOREX_trade_01Updated 32
Pattern within a pattern confirmation // EURGBP shortA reversal channel pattern is forming on the 1hr time frame, within a bearish flag that was formed in a HTF (4hr - Daily) of the EURGBP. If the price completes the reversal channel pattern, then there's a high probability of price dropping towards the weekly support area or reverse on the trendline that was formed by the falling wedge Pattern on the HTF (Daily). Place a pending order on the 15m time frame near the top of the reversal channel that is potentially forming currently. Shortby SM_Makhuba0
analyse eur pound*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.by iminigham110
HelenP. I British Pound can continue to rise to resistance levelHi folks today I'm prepared for you British Pound analytics. A not long time ago price declined to the 0.8520 support level, which coincided with the support zone, and at once rebounded and started to move up. But later, GBP turned around and made an impulse down to the trend line, thereby breaking the 0.8520 level. After this movement, the price entered to wedge, where it rebounded from the trend line and made a strong impulse up to the resistance zone, which coincided with the resistance level, breaking the support level one more time. Then GBP made little correction from the resistance zone and later started to rise to the resistance line of the wedge. Soon, the price broke the 0.8565 level and even rose higher than the resistance line of the wedge, but in a short time later it turned around and fell back, making a fake breakout. GBP some time traded near the resistance level and then fell to the trend line, after which it turned around and soon rose back to the resistance level. But recently price rebounded and at the moment, GBP trades below in wedge. For my mind, I expect that British Pound will rise to a resistance level and try to break it. If the price does this, GBP can make a retest and then continue to move up. So, that's why I set two targets, the first target at the 0.8565 resistance level, and the second - at the 0.8580 level, which coincided with the resistance line of the wedge. If you like my analytics you may support me with your like/comment ❤️Longby FirstNameHelen226
Potential EURGBP Sell Continuation IdeaIn light of DXY's current consolidation, I've turned my attention to the exotic pair EURGBP. Exotic pairs typically display increased volatility during such phases. Yesterday, I shared an analysis on EURGBP, foreseeing the filling of the H4 Order Block. Consequently, I entered a sell position as per the analysis. Today, I'm considering a continuation entry for further downward movement. Refer Yesterdays Analysis for HTF Draw: Kind Regards The_Architect Shortby The_Archi-tectUpdated 0
possibility of uptrend It is expected that the price will fluctuate in the current support range and then the beginning of an upward trend will be formed. Crossing the resistance range will confirm the upward trendLongby STPFOREX1