EURGBP reached strong resistance: Likely reversal incomingPrice has been in a strong impulsive rally, pushing aggressively into a well established resistance zone. This zone is marked by a prior sharp sell-off, suggesting it could trigger selling interst again.
The current move appears overextended in the short term. The ascending channel is extremly vert
About Euro / British Pound
The Euro vs the British Pound. This pair represents a cross between the two largest economies in Europe, the Euro Zone and the United Kingdom. The pair is greatly less volatile than other Euro or Pound based crosses because of the economic closeness and interdependence between the two. Changes in monetary policy between the Bank of England and the European Central Bank can make this pair extremely sensitive.
Related currencies
EURGBP - Follow The Bulls!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈EURGBP has been overall bullish trading within the rising channel marked in blue. And it is currently retesting the lower bound of the channel.
Moreover, the orange zone is a strong daily support.
🏹 Thus, t
EURGBP – Trading the Price Where It Is, Not Where You Want It toWhen trading price movements, traders always strive to determine where the price will go.
This compulsion leads most of them to close losing positions!
The strong urge that comes from this — that price must do what the trader predicted — is what ruins the position.
Price must always be handled as
DeGRAM | EURGBP correction from the resistance area📊 Technical Analysis
● Price failed twice at 0.8580-0.8600 supply, completing a rising-wedge inside the larger downward channel; bearish divergence accompanies the second rejection.
● A clean drop back under the former breakout line (≈0.8560) turns it into fresh resistance; wedge depth and channel
EURGBP: Weak Market & Bearish Forecast
Our strategy, polished by years of trial and error has helped us identify what seems to be a great trading opportunity and we are here to share it with you as the time is ripe for us to sell EURGBP.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using the
Market Analysis: EUR/GBP Accelerates HigherMarket Analysis: EUR/GBP Accelerates Higher
EUR/GBP is rising and might climb above the 0.8670 resistance.
Important Takeaways for EUR/GBP Analysis Today
- EUR/GBP is gaining pace and trading above the 0.8600 zone.
- There was a break above a contracting triangle with resistance at 0.8630 on
Weekly Uptrend, Daily Uptrend, H4 Uptrend - It's a BUY????All the information you need to find a high probability trade are in front of you on the charts so build your trading decisions on 'the facts' of the chart NOT what you think or what you want to happen or even what you heard will happen. If you have enough facts telling you to trade in a certain dir
EURGBP 8H Analysis : Breakdown + Smart Money Structure + Target🧠 Phase 1: Arc Formation – Accumulation by Smart Money
The arc (May to June) reflects an accumulation base where price made higher lows with consolidative wicks and slow momentum, ideal conditions for institutional orders to build long positions.
Liquidity is swept below swing lows, stopping out e
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current rate of EURGBP is 0.86394 GBP — it has increased by 0.31% in the past 24 hours. See more of EURGBP rate dynamics on the detailed chart.
The value of the EURGBP pair is quoted as 1 EUR per x GBP. For example, if the pair is trading at 1.50, it means it takes 1.5 GBP to buy 1 EUR.
The term volatility describes the risk related to the changes in an asset's value. EURGBP has the volatility rating of 0.47%. Track all currencies' changes with our live Forex Heatmap and prepare for markets volatility.
The EURGBP showed a 0.63% rise over the past week, the month change is a 2.39% rise, and over the last year it has increased by 2.12%. Track live rate changes on the EURGBP chart.
Learn how you can make money on rate changes in numerous trading ideas created by our community.
Learn how you can make money on rate changes in numerous trading ideas created by our community.
EURGBP is a minor currency pair, i.e. a popular pair that is not associated with USD. Such pairs are also called cross currency pairs.
Currencies are usually traded through forex brokers — choose the one that suits your needs and go ahead. You can trade EURGBP right from TradingView charts — just log in to you broker account. Check out the list of our integrated brokers and find the best one for your needs and strategy.
When deciding to buy or sell currency one should keep in mind many factors including current geopolitical situation, interest rates, and other. But before plunging into a deep research, you can start with EURGBP technical analysis. The technical rating for the pair is strong buy today, but don't forget that markets can be very unstable, so don't stop here. According to our 1 week rating the EURGBP shows the buy signal, and 1 month rating is buy. See more of EURGBP technicals for a more comprehensive analysis.