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Eurgbpbearish

EURGBP SHORT FORECAST Q2 W18 D29 Y25EURGBP SHORT FORECAST Q2 W18 D29 Y25 Professional Risk Managers👋 Welcome back to another FRGNT chart update📈 Diving into some Forex setups using predominantly higher time frame order blocks alongside confirmation breaks of structure. Let’s see what price action is telling us today! 💡Here are some trade confluences📝 ✅Weekly order block ✅5' order blockS ✅Intraday bearish breaks of structure ✅Tokyo ranges to be filled 🔑 Remember, to participate in trading comes always with a degree of risk, therefore as professional risk managers it remains vital that we stick to our risk management plan as well as our trading strategies. 📈The rest, we leave to the balance of probabilities. 💡Fail to plan. Plan to fail. 🏆It has always been that simple. ❤️Good luck with your trading journey, I shall see you at the very top. 🎯Trade consistent, FRGNT X
Short
by JCFRGNT
EUR/GBP "The Chunnel" Forex Market Bearish Heist Plan🌟Hi! Hola! Ola! Bonjour! Hallo!🌟 Dear Money Makers & Robbers, 🤑 💰🐱‍👤🐱‍🏍 Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the EUR/NZD "Euro vs Kiwi" Forex Market. Please adhere to the strategy I've outlined in the chart, which emphasizes short entry. Our aim is the high-risk Green Zone. Risky level, oversold market, consolidation, trend reversal, trap at the level where traders and bullish robbers are stronger. 🏆💸Book Profits Be wealthy and safe trade.💪🏆🎉 Entry 📈 : The heist is on! Wait for the breakout of (0.82650) then make your move - Bearish profits await!" however I advise placing Sell stop below the support line or Sell limit orders within a 15 or 30 minute timeframe. Entry from the most recent or closest low or high level should be in swing/retest. I highly recommend to use alert in your trading platform. Stop Loss 🛑: Thief SL placed at 1.83000 (swing Trade Basis) Using the 4H period, the recent / swing high or low level. SL is based on your risk of the trade, lot size and how many multiple orders you have to take. Target 🎯: 0.81950 (or) Escape Before the Target 🧲Scalpers, take note 👀 : only scalp on the Short side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money 💰. 📰🗞️Fundamental, Macro, COT, Sentimental Outlook: The EUR/GBP "The Chunnel" Forex Market is currently experiencing a Bearish trend., driven by several key factors. ⚖️Fundamental Analysis - The European Central Bank's (ECB) monetary policy decisions significantly impact the EUR/GBP exchange rate. The ECB's interest rate decisions influence the euro's value relative to the pound. - The UK's economic performance, including GDP growth, inflation, and employment rates, also affects the exchange rate. - Political developments, such as Brexit negotiations and EU-UK trade agreements, can create market volatility and impact the EUR/GBP exchange rate. ⚖️Macro Economics - Inflation Rates: The ECB's inflation target is below, but close to, 2%. The UK's inflation rate has been above the Bank of England's 2% target. These differences can influence the exchange rate. - Interest Rates: The ECB's interest rates are currently lower than the Bank of England's rates. This difference can impact the exchange rate. - GDP Growth: The EU's GDP growth has been slower than the UK's in recent years. This difference can influence the exchange rate. ⚖️COT Data - Commitment of Traders (COT): The COT report shows that large speculators, such as hedge funds and institutional investors, are currently net short on the euro. This suggests that they expect the euro to weaken against the pound. - Non-Commercial Traders: Non-commercial traders, such as individual investors and hedge funds, are currently net long on the euro. This suggests that they expect the euro to strengthen against the pound. ⚖️Market Sentimental Analysis - Market Sentiment: The market sentiment for EUR/GBP is currently bearish, with many analysts expecting the euro to weaken against the pound. - Positioning: Many traders and investors are currently short on the euro, expecting it to weaken against the pound. ⚖️Trader Positions - Institutional Traders: 55% short, 45% long - Retail Traders: 58% short, 42% long - Hedge Funds: 60% short, 40% long - Commercial Traders: 52% short, 48% long - Banks: 50% short, 50% long ⚖️Next Trend Move - Based on the current market sentiment and positioning, the next trend move for EUR/GBP is likely to be downward, with the euro weakening against the pound. - However, it's essential to keep in mind that market trends can change rapidly, and unexpected events can impact the exchange rate. ⚖️Quantitative Analysis - Moving Averages: The 50-day moving average is currently above the 200-day moving average, indicating a bullish trend. However, the short-term moving averages (10-day and 20-day) are below the longer-term moving averages, indicating a bearish trend. - Relative Strength Index (RSI): The RSI is currently at 40, indicating that the market is oversold and due for a bounce. - Bollinger Bands: The Bollinger Bands are currently widening, indicating increased volatility. ⚖️Intermarket Analysis - Correlation with Other Markets: EUR/GBP is currently positively correlated with the EUR/USD and negatively correlated with the GBP/USD. - Impact of Other Markets: The EUR/GBP exchange rate is likely to be impacted by the performance of the US dollar, as well as the relative economic performance of the EU and UK. - Commodity Prices: Changes in commodity prices, such as oil and gold, can also impact the EUR/GBP exchange rate. ⚖️Overall Summary Outlook The EUR/GBP exchange rate is expected to decline in the short-term, driven by the bearish market sentiment and positioning. The euro's weakness against the pound is likely to continue, with a potential target of 0.8200. However, any unexpected positive developments in the EU or negative developments in the UK could lead to a reversal of the trend. Traders and investors should remain cautious and monitor market developments closely. ⚠️Trading Alert : News Releases and Position Management 📰 🗞️ 🚫🚏 As a reminder, news releases can have a significant impact on market prices and volatility. To minimize potential losses and protect your running positions, we recommend the following: Avoid taking new trades during news releases Use trailing stop-loss orders to protect your running positions and lock in profits 📌Please note that this is a general analysis and not personalized investment advice. It's essential to consider your own risk tolerance and market analysis before making any investment decisions. 📌Keep in mind that these factors can change rapidly, and it's essential to stay up-to-date with market developments and adjust your analysis accordingly. 💖Supporting our robbery plan will enable us to effortlessly make and steal money 💰💵 Tell your friends, Colleagues and family to follow, like, and share. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀 I'll see you soon with another heist plan, so stay tuned 🤑🐱‍👤🤗🤩
Short
by The-Thief
EURGBP - Possible Short OpportunityEURGBP is in a downtrend on higher timeframes and now, in my opinion, is starting a corrective move on lower timeframes after having broken the previous low at 0.85. We will have to wait for confirmations, but I believe that we will have a short opportunity, in the retest of the 0.85 level, or higher on the major downtrendline/SMMA, I drew on the chart the 2 possibilities that I believe are most likely. If we get the confirmations I will update the idea with my entry into the trade.
Short
by The_Trading_Wizard_
1
EURGBP Bearish ContinuationAfter breaking down out of the head & shoulders pattern we broke below support acting as a stronger resistance area around 0.86259 - 0.86131. Also, price has consolidated and expanded just enough respecting a bearish trend line, creating a bearish flag & another Bearish Order block. I believe this OB is valid due to the imbalance plus a breaker block aligned within the imbalance. Once price reaches my POI I'd switch to the 15 minute time frame and look for a liquidity sweep and brake of structure during kill zone hours ( London Session ) & enter from the 15 minute order block. When all confirmations are put together and used during the correct time it's more comfortable and the probability is higher. Let me know what you guys think! Good luck to everyone trading!
Short
by ProfitPanther
EURGBP: Exploring a Potential Sell OpportunityCurrently, EURGBP is exhibiting bearish institutional order flow , leading me to anticipate a continuation from the current H1 Bearish Order Block. The objective is for price to reach the Daily Bullish Order Block, our current Draw On Liquidity. This sell opportunity holds a high probability due to the presence of low resistance liquidity towards the downside, facilitating smooth movement through inefficiencies such as Liquidity Voids and Fair Value Gaps towards the Order Block. I have considered taking a Risk Entry Trade off the H1 Order Block, with the Stop Loss positioned at the high of the Order Block. Kind Regards, The_Architect
Short
by The_Archi-tect
3
EURGBP Trade Idea - VideoRegarding the previously posted EURGBP trade idea, this video provides an explanation of the thought process behind considering this trade opportunity. On the 1-hour timeframe for the EURGBP currency pair, the price has broken through the established structure to the downside. We can observe the formation of lower highs and lower lows, indicating a potential bearish trend. The plan is to look for a short entry on a retracement, targeting the previous low levels as indicated by the chart markup. This information is presented for educational purposes only and should not be considered financial advice.
Short
by fxtraderanthony
EURGBP - FUNDAMENTAL AND TECHNICAL VIEW#EURGBP - Currently the MARKET SENTIMENT for EURGBP is slightly on the UP SIDE. The main reason for that is the POSITIVE RISK SENTIMENT for EUR. Also, even if BOE RATE HIKE, we were not able to see BOE's intervention. The reason for the positive sentiment in EUR is that the USD has been quite weak in recent weeks. But a good UP SIDE BIAS is coming for EUR now with the MARKET SENTIMENT. Due to this reason, all MARKETS including STOCKS can be seen to be UP due to MARKET RISK being ON. It affects the EUR in a big way. The ECB did a RATE HIKE. BOE also did a RATE HIKE last week. - EURGBP can definitely go up to the SUPPORT LEVEL below. Due to USD WEAK, EUR may be quite STRONG. Accordingly, EURGBP can be slightly BUY until the 0.8680 LEVEL. And after that EURGBP can be SELL to 0.8500 LEVEL. The given STRUCTURES should be BREAKED for that...
by benny_marshall
EURGBP - FUNDAMENTAL AND TECHNICAL VIEW#EURGBP - Currently the MARKET SENTIMENT for EURGBP is slightly on the UP SIDE. The main reason for that is the POSITIVE RISK SENTIMENT for EUR. Also, even if BOE RATE HIKE, we were not able to see BOE's intervention. The reason for a POSITIVE SENTIMENT in EUR is that the USD has been quite WEAK in recent weeks. But a good UP SIDE BIAS is coming for EUR now with the MARKET SENTIMENT. Due to this reason, all MARKETS including STOCKS can be seen to be UP due to MARKET RISK being ON. It affects the EUR in a big way. The ECB did a RATE HIKE. BOE also did a RATE HIKE last week. - EURGBP can definitely go up to the SUPPORT LEVEL below. Due to USD WEAK, EUR may be quite STRONG. Accordingly, EURGBP can be slightly BUY until the 0.8819 LEVEL. And after that EURGBP can SELL to 0.8700 LEVEL. The given STRUCTURES should be BREAKED for that...
by benny_marshall
EURGBP - FUNDAMENTAL AND TECHNICAL VIEW#EURGBP - Currently the MARKET SENTIMENT for EURGBP is slightly on the UP SIDE. The main reason for that is the POSITIVE RISK SENTIMENT for EUR. Also, even if BOE RATE HIKE, we were not able to see BOE's intervention. The reason for a POSITIVE SENTIMENT in EUR is that the USD has been quite WEAK in recent weeks. But a good UP SIDE BIAS is coming for EUR now with the MARKET SENTIMENT. Due to this reason, all MARKETS including STOCKS can be seen to be UP due to MARKET RISK being ON. It affects the EUR in a big way. The ECB did a RATE HIKE. BOE also did a RATE HIKE last week. - EURGBP can definitely go up to the SUPPORT LEVEL below. Due to USD WEAK, EUR may be quite STRONG. Accordingly, EURGBP can be slightly SELL until the 0.8810 LEVEL. And after that EURGBP can be BUY to the 0.8958 LEVEL. The given STRUCTURES should be BREAKED for that...
by benny_marshall