EURGBPFX:EURGBP As you can see that, EURGBP has created a Trendline resistance in 1Hr Time frame and if it gives breakout then we can plan for buy side. Take retest entry and it is for monday ( 31-07-2023) Plan your trade accordingly...Longby Kalimalla222
BuySupport, Resistance viewed. This area any reverse candle forming time entry and this candle SL planing. TIME FRAM 1hrLongby Tamiltry2
EUR GBP downside move possibleEUR GBP downside move possible Sell below the 0.86486 Stoploss 0.87027 Target 0.85409Shortby tradewithmev1
USD CHF upside move possibleUSD CHF upside move possible Buying above the 0.86863 Stoploss0.85528 Target 0.89744Longby tradewithmev0
EURGBP Short term buying opportunityCondition 1:Day candle retest strong support(red) zone. Condition 2:Last two months parallel channel (yellow) breakout. Condition 3:3rd line(blue) represents side long opportunity.Longby ramprakashmp1997Updated 1
EURGBP Its a High quality trade, Fib level, 50EMA , 14EMA perfectly lining up with pivot at area of confluence. where as price is losing momentum with the long momentum candle. Candle stick pattern showing bearish continuation pattern. This trade can go on until the trend reversal. use of trailing stop loss would be the best strategy for ending the tradeShortby ismailsaif224
EURGBP 4 Hour Analysis (3 July 2023)EURGBP 4 Hour Analysis (3 July 2023) 1. The price is in uptrend 2. Also, we can see bullish divergence with Stochastic 3. price is also in consolidation so, we can wait for consolidation box break then we can enter 4. If the price breaks the box from low and also the trendline breaks, then we can confirm bearish entry but we can wait for retest then we can enterby rahuldas185980
EUR/GBP short idea EUR/GBP has rallied on the one hour timeframe after forming a bullish divergence on the chart. It is now back to a very strong resistance zone. The pair is already looking quite stretched and with a strong resistance nearby it is quite likely to retrace from here for a decent trade. Longby anshuman_05Updated 1
EURGBP BUYSo, here im looking for EURGBP based on a setup, i have found, and testing it too to how it works. Pls trade with your confirmations and stuff. Longby lightninn0
EURGBP Expectations: UK Inflation and BoE's Decision this Week EURGBP Expectations: UK Inflation and BoE's Decision this Week On Monday, the pound reached its highest level against the euro in 10 months, at 85.25 pence, as investors await the British inflation data and the upcoming Bank of England decision. However, the currency pair quickly rebounded to the support level of the previous week, at 85.42 pence, but is perhaps now tracking down again. In recent weeks, the sterling has experienced a rallied against the EUR and USD (particularly against the USD, marking its largest weekly gain since December 2022). This surge can be attributed to economic data suggesting that inflation in Britain is more persistent compared to the United States and Europe. As a result, traders have started factoring in more interest rate hikes from the Bank of England, leading to increased yields on British government bonds and bolstering the pound. Additionally, investors' expectations have been heightened by recent data showing a faster-than-anticipated growth in British wages. Currently, the pound is down 0.26% against the dollar, trading at $1.278. However, it remains close to the 14-month high of $1.285 reached on Friday. British inflation data is scheduled to be released on Wednesday. Economists predict that the headline Consumer Price Index will have slightly cooled to 8.5% year-on-year, down from 8.7% in April. However, they anticipate that the core CPI, which excludes volatile food and energy costs, will remain steady at 6.8%. If these figures align with expectations, the pound could strengthen further due to the anticipation of additional interest rate increases by the Bank of England. Nevertheless, any unexpected results could introduce volatility into the market, and perhaps validate the recent rebound in the EUR. On Thursday, the Bank of England will announce its decision on interest rates, with investors and economists expecting a 25 basis point hike to 4.75%. There is little uncertainty surrounding this decision, so traders will closely examine the bank's forward guidance. Indications of future interest rate hikes are likely to bolster the GBP.by BlackBull_Markets1
EURGBP 4 Hour Analysis (20 June 2023)EURGBP 4 Hour Analysis (20 June 2023) 1. Price is in demand area 2. We can see the price is in Stochastic Oversold area and we can see bullish divergence in Stochastic 3. also, we can expect short pullback then the trend might continue. So, a sudden bullish movement we can expect.Longby rahuldas185980
EURGBP Momentum timeBullish view with chart pattern, and It is looking high probabilityLongby jkwealthplusUpdated 0
EURGBP 4 Hour Analysis (9 June 2023)EURGBP 4 Hour Analysis (9 June 2023) 1. Price is in strong demand area 2. Previous trend broke, but retest might be there, so we can expect a retest (sudden bullish move) 3. next for bearish move, we can wait bounce from MA line.by rahuldas185984
EURGBPFOREXCOM:EURGBP ...............here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. wait for more SMC to develop before taking any position . I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied... Shortby Phinics3
EURGBPFOREXCOM:EURGBP - Wait for the confirmation - react from POI - 15M Setup Shortby PhinicsUpdated 0
buys for EURGBPthis pair fell sharply and has now approached a strong support area, i expect to see some buys come in towards 0.86700Longby josephazran1
EURGBP 4 Hour Analysis (1 Jun 2023)EURGBP 4 Hour Analysis (1 Jun 2023) 1. Price is in Demand area 2. MACD divergence found 3. we can see strong bear power, so if price breaks KL2, will go bearish 4. But its the time to get a pull back, also divergence is supporting the bullish move, so expecting bullish, 5. Backup plan point 3Longby rahuldas18598114
SELLI'm expecting EURGBP to reach 0.85177. It broke our channel and we looking see it selling moreShortby MarkertOwl1
Possible Breakdown In EURGBP | EURGBP AnalysisThe current market price of EURGBP is sitting at support area. Considering the previous Daily price action, the price is forming lower highs into the support area which means buyers are not strong enough and sellers are rejecting any jump in price. The current price actions is forming a DESCENDING TRIANGLE, which is a bearish pattern. But it will be activated only when the Daily candle closes below the neckline of triangle, which in this case is the support area of 0.8718-0.869 Once, the daily candle closes below the support range, we can expect price to keep falling till 0.855, unless, the next daily candle closes back above the support resulting in FAKE BREAKDOWN/FALSE BREAKDOWN/BEAR TRAP. HOWEVER, since price is at support, price may bounce. On going to Lower Time Frame of 30 minutes, i see a double bottom pattern which is a reversal pattern. If the pattern breaks out, i expect the price to move up. Falling trendline may act as a resistance, so make sure to book profits before that. CONCLUSION- 1. Price is at support and may bounce. 30 min double bottom has been formed. Breakout of pattern may result in jump in prices 2. If Daily candle closes below the support range of 0.8718-0.869, expect prices to fall till 0.855 Let me know in the comments section if you want me to analyse any other financial instrument. WARNING:- ALWAYS FOLLOW RISK MANAGEMENT AND POSITION SIZING WHILE TAKING ANY TRADE.by rohitkukreja3
EURGBP Setup in progress , if breakout this go for LongEURGBP testing the trendline while it has already broken in OCTAFX broker , check it out with focus Take a long postion with a risk/reward ration of 1:3 . Also COT data is in favor:- EUR - 163,338 Net positions GBP - 2,398 Net positions While many short positions has been closed in GBP , but it still may go long before a reversal Longby Johnwick_forex117
EURGBP AnalysisOANDA:EURGBP The Analysis of EURGBP Has a potential to break and Move Further. If it Breaks below the support it has a Potential Sells If it Breaks Above the Trend Line it has a Potential Buysby AH-TRADER0
EURGBPprice approach at area of value and made trend continuation pattern and made pullback now it's opportunity to buy Longby DayNightTraders2