Euro / British Pound forum

EUR/GBP has approached a key resistance zone near 0.8720, where repeated rejections suggest bullish fatigue.
The price structure is forming lower highs, indicating a gradual shift in sentiment from bullish to bearish.
Bearish divergence on the RSI signals potential downside, as momentum fails to support recent price pushes.
Volume analysis shows decreasing buying pressure, often a precursor to a short-term sell-off.
The 0.87075 level is a strategic entry, just below a minor intraday support, now turning resistance.
A break below 0.8700 could trigger sell-side liquidity, accelerating movement toward our profit targets.
The first target at 0.86985 lies near a minor support pivot, ideal for partial profit-taking.
The second target aligns with a previous demand zone, where price may hesitate or reverse.
The third target, 0.86780, represents a major support level, offering a favorable risk-to-reward ratio for swing traders.
Our stop loss is safely positioned at 0.87180, above recent highs, ensuring protection against volatility spikes.
A potential selling opportunity has emerged on the EUR/GBP currency pair, suggesting that the Euro may continue to weaken against the British Pound. Based on current technical patterns and market sentiment, a short position could be favorable at the identified levels.
📉 Entry Zone: 0.87467
🎯 1st Target: 0.87300
🎯 2nd Target: 0.87250
🎯 3rd Target: 0.87140
🛑 Stop Loss: 0.87950
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(Thief Trading Strategy – Escape Before the Cops Arrive!)
🎯 DEAR MARKET PIRATES & PROFIT SNATCHERS,
Based on our 🔥Thief Trading Style Analysis🔥, we’re executing a bullish heist on EUR/GBP ("The Chunnel"). The vault is wide open—time to swipe the loot before the high-risk resistance police barricade (aka overbought trap) shuts us down!
📜 THE MASTER PLAN:
✔ Entry (📈): "The Bullish Vault is Unlocked!"
Buy Limit Orders (15-30min TF) near recent swing lows/highs.
Thief’s DCA Trick: Layer entries like a pro robber—multiple limit orders for max loot.
✔ Stop Loss (🛑): "Hide Your Stash Wisely!"
SL at nearest 4H candle wick (0.86500)—adjust based on your risk appetite & lot size.
Remember: A good thief always has an escape route!
✔ Target (🎯): 0.88500 (or escape earlier if the cops get suspicious!)
🔎 SCALPERS & SWING BANDITS – LISTEN UP!
Scalpers: Stick to LONG-ONLY heists! Use trailing SL to protect profits.
Swing Thieves: If you’re low on cash, join the slow robbery—DCA & hold!


You must already know that in every social media, every angry trader situation is when they're watching???📈📉 🤣🤣🤣
Being exposed more by the chart doesn't make you more profitable (as scalpers and day traders do 😂). In fact, most of the successful traders do Swing trading or even Position trading, so they can also focus on their life and their family, and the chart is not stressing them 😎
Check my idea: Idea: EURGBP 2nd Buy Entry