EURGBP Bearish TrendPrice have been touched FVG zone and now is in down trend progressShortby CryptoSeniorTrading1
EURGBP- BullishBullish Divergence on RSI appeared on 4 hr chart and formation of HH. The instrument gave bullish breakout of downward channel with huge volume. EURGBP will face another resistance as downward trend line. If bulls gets strength, breakout of the trend line will be possible. Entry after breakout of the trendline and previous LH.Longby ALIHAMID221
EURGBP Set To Fall! SELL! My dear followers, This is my opinion on the EURGBP next move: The asset is approaching an important pivot point 0.8432 Bias - Bearish Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market. Goal - 0.8427 About Used Indicators: For more efficient signals, super-trend is used in combination with other indicators like Pivot Points. ——————————— WISH YOU ALL LUCK Shortby AnabelSignalsUpdated 334
EURGBP-NEXT WEEK 9-SEP-2024 TO 13-SEP-2024Currently, the market is forming a Head and Shoulders pattern, which suggests a potential reversal. On the 1-hour timeframe, a Cup and Handle formation has been identified, but the breakout isn’t strong enough yet, and a retest hasn’t occurred. However, volume confirmation on the 4-hour chart signals that the breakout may be imminent. On the 15-minute chart, we see a triangle formation, but we are waiting for a retest to confirm our entry. The area of value lies below the resistance zone, which we will use to define our risk levels after the retest. I am using Fibonacci retracement on the 4-hour chart to define the take-profit target. At the moment, there are no major obstacles like significant support or resistance levels on the way, which aligns well with our target. The stop-loss is set 10 pips above the resistance on the 4-hour chart, giving us a well-protected position. The risk-reward ratio (RRR), which is calculated at 2.11, making this trade attractive in terms of risk management.Longby dannyqaq1991111
EURGBP:More Selling Is Indicated Next-week. Long positions soon. An easy trend following Short of EURGBP, forget the complexities of for-example trading Gold, this one was 'in the bag' as a Short all week. Just pull up a 4 hour chart and it looks so easy! Further Short-selling I think next week of EURGBP but if you take a look at the monthly-chart below you will see where the 200EMA-Monthly has supported price previously and lots of historical buying from Order-blocks from 0.8250 to 0.8316. So a Short from current price 0.8377 should work well but I think buying accumulation from 0.8316 - 0.8250 and I think before long EURGBP which is severely oversold even on a weekly & monthly-timeframe, will get a bounce in price - but for how long? Sellers could move back-in very quickly if the EUR does not bounce back with strength - Sellers would next time Short the EUR through and south of the monthly 200EMA. Longby Easy_Explosive_Trading0
Change the trend It is expected that the continuation of the downward trend will be formed up to the specified support range. Then, according to the behavior of the price in this range, there will be a possibility of changing the trendby STPFOREX0
EUR/GBP SELL PRESSUREGetting more more distribution to the downside in the EUR/GBP creating lots of orderblocks for perfect entries confirmed by the MACD divergences...Shortby hcarbajal120
EUR/GBP - So close.. So close and yet so far.. So close to the lows zone and yet so far from our entry.. We need to wait for a good pullback to continue selling! Sometimes you have to be patient, and other times you have to pull the trigger. If the outlook is good, the strategy always adapts. If you liked it, don't forget to like and follow me! :)Shortby DAISTRUM0
EURGBP is heading downEuro is declining against the British Pound: the technical structure points to an increased probability of downtrend, as two trading ranges (one intraday, and one consisting of several days) were broken simultaneously. Fundamentally, the British pound gains strength after BOE had left the interest rate unchanged, pushing pound sterling against other currencies, and, particularly, Euro. Always DYOR and manage your risk at all times! Shortby Stanislav_Bernukhov_Exness1
EURGBP - SELL IDEA Since the begginning of the month, EURGBP is corrective to the upside with lack on intention to go higher. Price respected a stack area of daily + 4h imbalance, showing intention to the downside. There is a 4h new area of imbalance wich was formed after those equal lows break to the downside with an impulsive move. I'm expecting a pullback to the upside, sweeping liquidity and reacting from that new area. My target will be the LL of the current 4h structure (red light).Shortby moneyconceptfxUpdated 0
EURGBP - Analysis Analysis on screen. Potential move to the downside here. I'd need to see more volatility before taking a position Shortby kennyej0
EUR/GBP BEARS WILL DOMINATE THE MARKET|SHORT Hello, Friends! It makes sense for us to go short on EUR/GBP right now from the resistance line above with the target of 0.841 because of the confluence of the two strong factors which are the general downtrend on the previous 1W candle and the overbought situation on the lower TF determined by it’s proximity to the upper BB band. ✅LIKE AND COMMENT MY IDEAS✅Shortby EliteTradingSignalsUpdated 221
EURGBP: U.K. Inflation and Key TrendsInflation in the UK remained stable in August at 2.2%, according to data from the Office for National Statistics (ONS). However, rising prices in the services sector have raised concerns for the Bank of England (BoE). This increase in the services sector, which is a key indicator of domestic price pressures, rose to 5.6% from 5.2% in July, exceeding market expectations. The BoE had cut interest rates to 5% on August 1 and expected headline inflation to reach 2.4% in August, with the Consumer Price Index (CPI) forecast to reach around 2.75% by the end of 2024. Despite the current figures, the BoE is expected to keep interest rates unchanged at its next meeting. The rise in inflation in the services sector is partly attributed to the significant increase in air fares, which rose by 22.2% between July and August, representing one of the largest increases since 2001. Sterling strengthened against the dollar following the release of the data, and bets on a rate cut by the BoE were reduced to a probability of around 28%.Prime Minister Keir Starmer's government stressed that although inflation is more manageable compared to the peak of over 11% almost two years ago, prices remain elevated, which continues to pose a challenge for the UK economy. Currently the Carry-Trade movement of the EURGBP is moving through the middle zone within the long-term range. Its maximum movement is located at 0.87142 and the minimum at 0.83821 euros, looking at the chart there has been a double bounce that coincides with pump and dump movements between July 25 and September 1, currently the RSI marks us 45.25% which presents slight oversold. The Control Point (POC) puts the target around 0.85506 so we could see a new return to this area of displacement that coincides in the middle of the long term range. Ion Jauregui - Activtrades 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. Longby ActivTrades1
1H entry searching reasonsi would like to see a red candle and no candle that breakes the previous boxed in candlesShortby The_Woof_of_Wall_Street0
Divirgent on the 4h chart a nice divergent on the 4h chart including a rejection on the previous level and the ECB cut its interest rates. this makes me want to look for a short trade. on to the 1h to search for entryShortby The_Woof_of_Wall_Street0
Expecting price to continue trending downwards to major supportEntry: 0.86030 TP1: 0.8383 TP2: 0.82 SL: 0.865 There is a good chance price will reverse the medium-term uptrend from this current level and continue the long-term downtrend to our institutional support level around 0.82. Daily RSI well overbought, arrived at weekly 200 moving average, arrived at major resistance level, retesting long-term down trending line level.Shortby CJBlueNortherUpdated 7
EUR_GBP BEARISH FLAG|SHORT| ✅EUR_GBP is trading in A downtrend and the pair Has formed a bearish flag Pattern so we are bearish Biased and IF we see a Bearish breakout then We will be expecting A further move down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅Shortby ProSignalsFx111
Break of structure in the 4h trend.Break of structure in the 4h trend. maybe 1 more push to the 200 ema and then go short.Shortby The_Woof_of_Wall_Street0
EUR/GBP May Rise#trading_idea #EURGBP 💡 🔤🔤🔤🔤🔤🔤- Outlook On the current EUR/GBP chart, the price is consolidating within a symmetrical triangle, indicating potential volatility ahead. The price is testing both support and resistance levels, creating uncertainty about the next move. The Bollinger Bands suggest a neutral stance, while Momentum (20) shows a slight bearish bias. The Bull Bear Power hovers around neutral, reflecting market indecision. Recent small-bodied candles reinforce this, and the symmetrical triangle hints at a breakout, either upward toward 0.8445 resistance or downward toward 0.8420 support. 🔼If the price breaks above the resistance at 0.8445, the pair could see a rally, potentially testing higher levels around 0.8465 or beyond. This move would confirm a bullish breakout from the symmetrical triangle pattern. 🔽Alternatively, If the price breaks below the support at 0.8420, it could trigger a bearish move, with the next target potentially around 0.8400. This would signal a continuation of the downward pressure indicated by the momentum and candlestick patterns. 🔴 Click "👍" if you think the price will rise and "👎" if you think it will fall. Longby sabiotrade0
Correction It is expected that the price will change the trend in the current support range and we will see the beginning of the upward trend. Otherwise, it will be possible to continue the downward trend until the next support zone. Shortby STPFOREX0
EURGBP: Bearish Forecast & Outlook 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 UnitedSignals111
short EURGBP before going longlooks like bear flagging on the 4hr... on the weekly chart there is a bullish wedge. waiting for price to get around that 0.83750 ish level before looking at longs...Shortby Gazzawins0