EUR/GBP Pre-Market Top-Down Analysis
Date: July 13, 2025
Session: London Pre-Market
Analyst: Sub Saharan
🕰️ 1H Chart Overview
EUR/GBP is currently trading around 0.86652, with bullish momentum pushing toward the previous high at 0.86704, marked as HH (Higher High) on the chart. This level is a significant resistance, and a confirmed break and close above it could signal further bullish continuation.
🔍 Structure Breakdown
Key Levels and Market Structure:
HH (Higher High): 0.86704
LL (Lower Low): 0.85997
Recent HL (Higher Low): Series of HLs forming support during the rally.
Break of Structure (BOS): Occurred on July 11, indicating a shift from bearish to bullish momentum.
Key POI (Point of Interest): 0.86586 – Marked for potential buy entries based on LH structure.
🔁 Scenario Planning
🔼 Bullish Continuation Scenario
Bias: Buy on retracement
Plan: If price pulls back and respects the LH zone (0.86586) without breaking below it, look for bullish setups with target around or above 0.86704.
Confirmation: Rejection candle or bullish engulfing at POI
🔽 Bearish Reversal Scenario
Bias: Sell if structure shifts
Condition: If price breaks below the last HL to form a Lower Low (LL), it may indicate weakness.
Plan: Wait for a pullback to the broken LH zone (0.86586) to re-test as resistance, then sell with confirmation.
Target: Mid-range or previous low near 0.85997
🧠 Trading Insight
The price is in a bullish correction phase within a rising trend.
Aggressive buyers may consider early entries at or above 0.86586, but conservative traders should wait for price action confirmation.
If a lower low prints, treat it as a signal for potential structure change and reposition for short-term sells.
🧾 Trade Management Tips
Use 0.86704 as your decision point. Break and hold = bullish continuation.
POI at 0.86586 is key for both buy re-entries or sell re-tests.
Set alerts for structural changes (new LL or break of HH).
📌 Summary
Bias Key Level Action
Bullish 0.86586 Buy on retracement (if HL forms)
Bearish Below 0.86586 Sell if LL forms, re-test at LH
Stay patient and react to structure—not emotions. London session volatility may provide the liquidity needed to trigger setups.
Date: July 13, 2025
Session: London Pre-Market
Analyst: Sub Saharan
🕰️ 1H Chart Overview
EUR/GBP is currently trading around 0.86652, with bullish momentum pushing toward the previous high at 0.86704, marked as HH (Higher High) on the chart. This level is a significant resistance, and a confirmed break and close above it could signal further bullish continuation.
🔍 Structure Breakdown
Key Levels and Market Structure:
HH (Higher High): 0.86704
LL (Lower Low): 0.85997
Recent HL (Higher Low): Series of HLs forming support during the rally.
Break of Structure (BOS): Occurred on July 11, indicating a shift from bearish to bullish momentum.
Key POI (Point of Interest): 0.86586 – Marked for potential buy entries based on LH structure.
🔁 Scenario Planning
🔼 Bullish Continuation Scenario
Bias: Buy on retracement
Plan: If price pulls back and respects the LH zone (0.86586) without breaking below it, look for bullish setups with target around or above 0.86704.
Confirmation: Rejection candle or bullish engulfing at POI
🔽 Bearish Reversal Scenario
Bias: Sell if structure shifts
Condition: If price breaks below the last HL to form a Lower Low (LL), it may indicate weakness.
Plan: Wait for a pullback to the broken LH zone (0.86586) to re-test as resistance, then sell with confirmation.
Target: Mid-range or previous low near 0.85997
🧠 Trading Insight
The price is in a bullish correction phase within a rising trend.
Aggressive buyers may consider early entries at or above 0.86586, but conservative traders should wait for price action confirmation.
If a lower low prints, treat it as a signal for potential structure change and reposition for short-term sells.
🧾 Trade Management Tips
Use 0.86704 as your decision point. Break and hold = bullish continuation.
POI at 0.86586 is key for both buy re-entries or sell re-tests.
Set alerts for structural changes (new LL or break of HH).
📌 Summary
Bias Key Level Action
Bullish 0.86586 Buy on retracement (if HL forms)
Bearish Below 0.86586 Sell if LL forms, re-test at LH
Stay patient and react to structure—not emotions. London session volatility may provide the liquidity needed to trigger setups.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.