EURGBP trade ideas
EURGBP: Long Signal with Entry/SL/TP
EURGBP
- Classic bullish pattern
- Our team expects retracement
SUGGESTED TRADE:
Swing Trade
Buy EURGBP
Entry - 0.8353
Stop - 0.8326
Take - 0.8395
Our Risk - 1%
Start protection of your profits from lower levels
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EURGBP - Follow The Bears!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈EURGBP has been bearish trading within the falling channel in blue.
Currently, EURGBP is approaching the upper bound of the channel.
Moreover, it is retesting the upper bound of its range marked in blue.
🏹 Thus, the highlighted red circle is a strong area to look for sell setups as it is the intersection of the range and upper blue trendline.
📚 As per my trading style:
As #EURGBP is around the red circle zone, I will be looking for bearish reversal setups (like a double top pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
EURGBP: A Multi-Time Frame AnalysisEURGBP: A Multi-Time Frame Analysis
EUR/GBP recently tested a strong resistance zone near 0.8440, prompting a notable price reaction. Based on historical price behavior, there is potential for the pair to move downward again.
The bearish momentum could gain further support from tomorrow's Bank of England (BoE) decision, which may influence market sentiment and drive additional movement in this currency pair.
You may watch the analysis for further details!
Thank you!
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EURGBP: Bullish Harmonic Pattern in a Strong ZoneEURGBP: Bullish Harmonic Pattern in a Strong Zone
EURGBP has completed a bullish harmonic pattern within a robust zone.
Despite this, the likelihood of the price testing the entire red zone remains high.
It's crucial to be careful and closely monitor the price's reaction.
Key resistance zones for the harmonic pattern are 0.8307, 0.8335, and 0.8370.
You may find more details in the chart!
Thank you and Good Luck!
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BEARISH MARKETThe overall Market looks Bearish on the D TF, where we can see an M structure with double top rejection and market looking to close the last half of the leg of the M (Blue brush). On the 4hrs TF the market is doing HL and LL confirming the Bearish structure. Highlighted in the yellow rectangle we have 2 big Bullish candles that show MARKET IMBALANCE.
Thank you.
Bullish bounce?EUR/GBP is reacting off the pivot and could bounce to the 1st resistance.
Pivot: 0.8337
1st Support: 0.8310
1st Resistance: 0.8377
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EURGBP Wave Analysis – 27 March 2025
- EURGBP broke support area
- Likely to fall to support level 0.8300
EURGBP currency pair recently broke the support area between the key support level 0.8350 (which has been reversing the price from the start of March) and the 38.2% Fibonacci correction of the upward wave 2 from the end of February.
The breakout of this support area accelerated the active impulse wave iii of the higher impulse waves 3 and (3).
Given the strongly bullish sterling sentiment, EURGBP currency pair can be expected to fall to the next support level 0.8300.
EURGBP BREAKOUT SELL *EUR/GBP: Breakout Sell
*Trade Details:*
- *Sell Entry:* Breakout below 0.83500
- *Target Price:* 0.82200 (130 pips)
- *Stop-Loss:* 0.84415 (90 pips)
*Market Analysis:*
The EUR/GBP pair is experiencing a bearish trend, driven by Brexit uncertainty, ECB's dovish stance, and UK economic resilience.
*Key Events:*
- UK PMI data
- ECB meeting minutes
*Trading Strategy:*
Sell EUR/GBP on breakout below 0.83500, with a stop-loss at 0.84415. Use target level to take profits or adjust stop-loss to break even.
*Risk Management:*
- Risk-Reward Ratio: 1:1.5
- Position Sizing: 2-3% of trading capital
Remember the Travis with best wishes if you got it profitable 💯
EURGBP: Bearish Outlook Explained 🇪🇺🇬🇧
A recent breakout of a minor daily support on EURGBP
is a reliable bearish signal.
It shows a mid-term dominance of the sellers.
I think that the price can drop at least to 0.831 support soon.
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EURGBP Set To Fall! SELL!
My dear friends,
EURGBP looks like it will make a good move, and here are the details:
The market is trading on 0.8359 pivot level.
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 - 0.8344
About Used Indicators:
Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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WISH YOU ALL LUCK
EURGBP INTRADAY corrective pullback capped at 0.8385The EUR/GBP pair continues to exhibit bearish sentiment, reinforced by the prevailing downtrend. The key intraday resistance level is at 0.8385, marking the current swing high.
Bearish Scenario:
An oversold rally from current levels, followed by a bearish rejection at 0.8385, would likely target downside support at 0.8340. A break below this level would open the door for further declines toward 0.8307 and 0.8260 in the longer timeframe.
Bullish Scenario:
Alternatively, a confirmed breakout above the 0.8385 resistance, accompanied by a daily close above this level, would invalidate the bearish outlook. This would pave the way for further rallies, with the next resistance levels at 0.8420 and 0.8460.
Conclusion:
The prevailing sentiment remains bearish as long as 0.8385 holds as resistance. Traders should watch for rejection at this level to confirm downside momentum. Conversely, a decisive breakout above 0.8420 would signal a potential shift to a bullish bias, targeting higher resistance levels.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
DeGRAM | EURGBP rebound in the channelEURGBP is in a descending channel between the trend lines.
The price is moving from the lower boundary of the channel and the support level.
The chart holds the support level, which has already acted as a rebound point.
We expect a rise after consolidation above the nearest retracement level.
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EURGBP, time to short ! price declined from a supply zone and made a made a clean break and retest on the structure zone, by looking at EMAs (21,50 and 200) we can clearly see that price has broke through them with a strong bearish candle, and currently price is trading below moving averages indicating a bearish control in the market, I expect price to continue down
EURGBP Analysis: Weak CPI Triggers Reaction from Order BlockWe can observe that the UK CPI y/y has dropped to 2.8% from 3.0%, signaling potential weakness in GBP. On the technical side, price is reacting from a key Order Block, failing to break further to the downside. While the overall trend remains bearish, this marks the third push downward—a classic signal for a possible reversal. If buyers step in, we could see a shift in momentum. Monitoring price action at this level is crucial for the next move.