EURGBP trade ideas
EURGBP SELL SIGNAL!Hello, all analysis are on the chart, this is a sell signal for me. Enjoy the trade!
EURGBP- Bullish Call story : Market is making series of HH and HL. However the market has formed minor divergence which made the market to take corrective move uptil 0.382 level of FIb. further market is overall in bull trend with the formation of Bullish continuation pattern.
anticipate: Bulls will take control of market and we anticipate that it will rise further after breaking HH or the neckline of bullish flag pattern.
Plan: we have taken entry on HL / instant entry and kept our SL below previous HL and we plan our TPs till the projection of Flag pattern with R:R of 1:1 and 1:2
Bulls Weight : 02
Flag Pattern
HH and HLs.
Beas Weight : 01
Divergence
EURGBP INTRADAY trend reversal breakout?Trend Overview:
EURGBP remains in a bullish trend, characterised by higher highs and higher lows. The recent intraday price action is forming a continuation consolidation pattern, suggesting a potential pause before a renewed move higher.
Key Technical Levels:
Support: 0.8490 (primary pivot), followed by 0.8470 and 0.8450
Resistance: 0.8550 (initial), then 0.8570 and 0.8590
Technical Outlook:
A pullback to the 0.8490 level, which aligns with the previous consolidation zone, could act as a platform for renewed buying interest. A confirmed bounce from this support may trigger a continuation toward the next resistance levels at 0.8550, 0.8570, and ultimately 0.8590.
Conversely, a daily close below 0.8490 would suggest weakening bullish momentum. This scenario would shift the bias to bearish in the short term, potentially targeting 0.8470 and 0.8450 as downside levels.
Conclusion:
WTI Crude Oil maintains a bullish structure while trading above the 0.8490 support. A bounce from this level would validate the consolidation as a continuation pattern, with upside potential toward the 08550 area. A breakdown below 0.8490, however, would invalidate this view and suggest deeper corrective risk.
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.
POSSIBLE BUY OPPORTUNITY ON EURGBPEURGBP has begun the continuation to the upside that we have been waiting for weeks now. We have a reasonable area of demand just below current price where we are looking to take a trade.
EURGBP making bullish flag patternas price has broken drawn resistance level and after that it moved upwards nicely and now the price action is making bullish flag pattern as currently there is no divergence which indicate the trend will likely continue and will hit next resistance level which is also price projection of flag pattern
Bullish Continuation for EURGBPPerfectly inverted H&S formation on the daily time frame.
It will retest the AOI neckline zone @ 0.8450 phycological level and look for long entry.
EURGBP INTRADAY corrective pullback The EUR/GBP currency pair is showing a bullish bias, supported by a sustained rising trend and a recent bullish breakout above a prior consolidation zone. Price action has breached the upper boundary of the consolidation range, indicating renewed upside momentum.
Key Technical Levels:
Support:
0.8450 – Former resistance, now acting as immediate support.
0.8425 – Secondary support in case of a deeper pullback.
0.8400 – Major support and psychological round number.
Resistance:
0.8540 – Initial upside target.
0.8560 – Intermediate resistance.
0.8575 – Long-term resistance level.
A corrective pullback toward the 0.8450 support followed by a bullish rebound could reinforce the current trend and open the path toward 0.8540 and higher. However, a daily close below 0.8450 would invalidate the bullish scenario and signal further downside toward 0.8425 and potentially 0.8400.
Conclusion:
The near-term outlook for EUR/GBP remains bullish as long as the pair holds above 0.8450. A successful retest of this level would confirm breakout strength and support continuation toward 0.8540–0.8575. Conversely, a break below 0.8450 would shift the bias to neutral to bearish, suggesting further downside correction.
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.
The Day Ahead United States – University of Michigan Consumer Sentiment (June)
High impact on USD, bonds, and equities
Traders watch this for consumer confidence and inflation expectations.
Higher inflation expectations could support USD and push yields up.
Japan – April Capacity Utilisation & Tertiary Industry Index
Moderate impact on JPY and Japanese stocks
Weak data may suggest ongoing BoJ stimulus, which could weaken the yen.
Germany – May Wholesale Price Index (WPI)
Moderate impact on EUR
A key inflation signal — lower prices could reinforce expectations for ECB rate cuts.
Italy – April Trade Balance
Low to moderate impact on EUR
Surplus or deficit gives clues about external demand but usually doesn’t move markets much alone.
Eurozone – April Trade Balance & Industrial Production
High impact on EUR
IP shows economic strength or weakness. Soft numbers could pressure the euro further.
Canada – April Manufacturing Sales & Q1 Capacity Utilisation
Moderate to high impact on CAD
Strong data supports the Canadian dollar and may delay Bank of Canada rate cuts.
Key Market Watch Points:
USD: Watch for inflation expectations in the Michigan data.
EUR: Sensitive to signs of slowing growth or inflation.
JPY: Likely weak if Japan data disappoints.
CAD: Positive surprises could support CAD strength.
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
Eurgbp Buy price is currently bullish on 4hr timeframe. its trading around the 4hr demand zone and there are also lower timeframe demands zones within the 4hr demand zone add stregnth to it. there are multiple pois above current pirce action which may fuel the buy bias. im wating for price to break a 5min supply zone thats near a 4hr poi in order to enter the trade.
EURGBP - Future Projections & Bearish Trend Hello Guyz, Based on my research, I am projecting price to rise high, making new HH, after that, there would be bearish divergence followed by any reversal pattern like a rising wedge, H&S or a double top (most likely).
After that, it will break the HL and we can instant Buy (sell stop pending order) with a projected TP and Stoploss placed slightly above the HH.
Projected TP would be R:R 1:1
EURGBP INTRADAY trend reversal breakout The EUR/GBP currency pair is showing a bullish bias, supported by a sustained rising trend and a recent bullish breakout above a prior consolidation zone. Price action has breached the upper boundary of the consolidation range, indicating renewed upside momentum.
Key Technical Levels:
Support:
0.8450 – Former resistance, now acting as immediate support.
0.8425 – Secondary support in case of a deeper pullback.
0.8400 – Major support and psychological round number.
Resistance:
0.8540 – Initial upside target.
0.8560 – Intermediate resistance.
0.8575 – Long-term resistance level.
A corrective pullback toward the 0.8450 support followed by a bullish rebound could reinforce the current trend and open the path toward 0.8540 and higher. However, a daily close below 0.8450 would invalidate the bullish scenario and signal further downside toward 0.8425 and potentially 0.8400.
Conclusion:
The near-term outlook for EUR/GBP remains bullish as long as the pair holds above 0.8450. A successful retest of this level would confirm breakout strength and support continuation toward 0.8540–0.8575. Conversely, a break below 0.8450 would shift the bias to neutral to bearish, suggesting further downside correction.
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.
EURGBPThis analysis combines both COT positioning and technical indicators to provide a comprehensive view of the EUR/GBP pair's potential movements
Bias: Bullish
Entry Zone: 0.8320 – 0.8340
Long EURGBPEntry: Break out
Stop Loss: Above swing low
Take Profit: previous high 0.87386 or floating
Set up: Break out, Major support and price above Ma
The Day AheadEconomic Data Releases:
United States:
May CPI (Consumer Price Index): Key inflation gauge. Market watchers will scrutinize headline and core inflation figures for Fed policy implications.
Federal Budget Balance (May): Indicates monthly fiscal deficit/surplus; relevant for fiscal health and debt trajectory.
Japan:
May PPI (Producer Price Index): Tracks inflation at the wholesale level. Can provide early signs of price pressure trends.
Canada:
April Building Permits: A forward-looking indicator for the housing market and broader construction activity.
Central Bank Activity:
European Central Bank (ECB):
Speeches by Philip Lane and Piero Cipollone: Markets will look for any forward guidance or monetary policy clues, especially post-rate decision commentary and inflation outlook.
Corporate Earnings:
Oracle (ORCL): Q4 earnings; significant due to cloud and AI-related revenue developments.
Inditex (ITX.MC): Parent of Zara; important for insights into consumer demand trends in retail and global operations, especially in Europe.
Government Bond Auctions:
United States:
10-Year Treasury Note Auction: Key for assessing investor appetite for longer-dated debt, influencing yields and broader financial conditions.
Other Notable Items:
UK Spending Review Analysis Adjustment: Could suggest fiscal policy shifts or re-prioritizations; analysts and investors may reassess UK economic and political outlooks.
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.
Possibility of uptrend The price is expected to consolidate above the current resistance level and then continue its upward trend. Otherwise, a correction to the indicated support level is possible.
EUR/GBP Bullish Setup – 4H Breakout & Key Level WatchFollowing up on my previous analysis, EUR/GBP has broken out on the 4H timeframe, signaling potential bullish continuation. I’m now watching for a pullback and a 4H candle close above 0.84583 for confirmation before considering a long entry.
📌 Key Level: 0.84583
🕒 Timeframe: 4H
📈 Bias: Bullish (pending confirmation)
📉 Strategy: Breakout → Pullback → Confirmation Entry
Waiting for price action to show commitment above the level before entering. Always manage risk and wait for clear confirmation.
💬 Let me know your thoughts below or share your own analysis!
eurgbp-h1-longBreak of Trend Line: The price has broken below a descending trend line, indicating a potential shift in momentum.
Retest: After the break, the price appears to be retesting the trend line from below, which often acts as a confirmation of the breakout.
Ichimoku Cloud: The price is interacting with the Ichimoku Cloud. A move above the cloud could signal a bullish trend, especially if accompanied by a Tenkan-sen (conversion line) crossing above the Kijun-sen (base line).
Support Zone: The price is near a highlighted support zone (green area), which could act as a springboard for a buy if it holds.
Potential Entry: A buy position could be considered if the price breaks above the trend line during the retest, confirms with a close above the Ichimoku Cloud, and shows bullish momentum with candlestick patterns like a strong bullish candle.
IDEA EURGBPThis entry might play out in the EURGBP. I'm sharing two ideas: one for those of you who are trading tonight, and another one that I personally like more, although I don't rule out either of them. I'm sharing them now because I'm heading to rest.
Eurgbp I didn't get my entry on this trade so I didn't enter de trade but as we see price is going to de uptrend as predicted
EUR/GBP Potential Bullish SetupHi Traders.
We see a clear breakout from a falling wedge pattern and now we are forming a bigger inverse
HnS Pattern. Wait for the right shoulder to complete to confirm this setup.
possibility of uptrendIt is expected that a trend change will form within the current support range and we will witness the start of an upward trend. A break and consolidation above the resistance range will be confirmation of the upward trend.
