EURGBP - Breaking trendline, suggesting downside correctionThe price action on the EURGBP presents an opportunity of structural transition. The ascending trendline has acted as dynamic support, has pushed upmoves beautifully. This trendline is marked by good rejections, reflected bullish dominance.
The recent movement though could signal a shift. The marke
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.
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EURGBP is Nearing the Daily Trend!!!Hey Traders, in the coming week we are monitoring EURBBP for a buying opportunity around 0.86400 zone, EURGBP is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.86400 support and resistance area.
Trade safe, Joe.
EUR/GBP –Breakdown from Ascending Channel, Bearish Targets AheadEUR/GBP has completed a significant technical shift after breaking down from its prolonged ascending channel and bullish trendline that started in early June. Price action previously respected the channel with higher lows (Bottom 1, Bottom 2, Bottom 3) and consistent bullish momentum, but the recent
EURGBP Technical & Order Flow AnalysisOur analysis is based on a multi-timeframe top-down approach and fundamental analysis.
Based on our assessment, the price is expected to return to the monthly level.
DISCLAIMER: This analysis may change at any time without notice and is solely intended to assist traders in making independent inve
EUR/GBP Long after pull backEUR/GBP looks set for a few bullish days after a pull back into support. Strong buying continues around the 0.86 level and we will be ending the day with a bullish candle setup that respects the upward trend channel since the middle of May. Fundamentals look favourable for the EUR and there's a reas
EURGBP Will Go Up From Support! Buy!
Please, check our technical outlook for EURGBP.
Time Frame: 1D
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a significant support area 0.862.
The underlined horizontal cluster clearly indicates a highly probable bullish movement
DeGRAM | EURGBP is rolling back to support📊 Technical Analysis
● EUR/GBP has broken down from the rising channel, with price now correcting toward the channel’s lower support line—highlighting a shift from bullish to neutral-to-bearish momentum.
● A potential rebound is likely if support near 0.8611–0.8620 holds, which could pave the way
British Pound will bounce up from support line of channelHello traders, I want share with you my opinion about British Pound. The market structure has undergone a notable transition from a bullish to a bearish phase, with the breakdown from a prior upward channel leading to the formation of a new, well-defined downward channel. This has shifted the market
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Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
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.
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.
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