Bullish riseEuro Pound is in a correction phase within the M and W frames but currently trying to ignite some upward pressure in the lower timeframes. Price action managed to pass through and trying to settle above the 0.83300 barrier. If the pair finds strength to settle above after the retest, price action may aim to reach the established highs as they'll also be future resistant barriers.
GBPEUR trade ideas
EURGBP BUY TRADE PLAN
✔ Entry: ✅ Triggered at 0.8310 – 0.8305
✔ Stop Loss (SL): 0.8280 (Safe breathing room)
✔ Take Profit 1 (TP1): 0.8350 (First target)
✔ Take Profit 2 (TP2): 0.8380 (Strong level)
✔ Take Profit 3 (TP3 - Final Target): 0.8400+ (HTF resistance)
🎯 R:R Calculation:
🔹 TP1 = 1:2
🔹 TP2 = 1:4
🔹 TP3 = 1:5+ (High probability trade)
IF H1 Close Above 0.8310 = Confirmed Buyers
EURGBP Bullish Continuation (Potential Trend Retracement)EURGBP price seems to exhibit signs of overall bullish momentum (after a credible reversal on the 1D timeframe) as the price action may form a credible Higher Low with multiple confluences of key Fibonacci and credible Support levels.
Trade Plan :
Entry @ 0.83328
Stop Loss @ 0.82000
TP 0.8 - 1 @ 0.84390 - 0.84656
EURGBP Testing a Key Support Zone with Possible Retest of 0.840EUR/GBP Testing a Key Support Zone with Possible Retest of 0.8400
EUR/GBP is currently testing a key support zone, and a retest of 0.8400 is possible.
The pair previously tested a strong resistance zone near 0.8300 and bounced back up.
This area has been tested multiple times in the past, demonstrating the presence of well-positioned buyers who are reluctant to let the price move down further.
However, if President Trump makes any comments related to tariffs on the UK, it could push EUR/GBP up further, as the pair typically moves slowly.
Key resistance areas are located near 0.8360 and 0.8400.
You may find more details in the chart!
Thank you and Good Luck!
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Bearish drop off 38.2% Fibonacci resistance?EUR/GBP is rising towards the resistance level which is a pullback resistance that aligns wit the 38.2% Fibonacci retracement and could reverse from this level to our take profit.
Entry: 0.8358
Why we like it:
There is a pullback resistance level that line sup with the 38.2% Fibonacci retracement.
Stop loss: 0.8387
Why we like it:
There is a pullback resistance level that is slightly above the 50% Fibonacci retracement.
Take profit: 0.8286
Why we like it:
There is a pullback support level.
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EURGBP - Long active !!Hello traders!
‼️ This is my perspective on EURGBP.
Technical analysis: Here we are in a bullish market structure from daily timeframe perspective, so I expect price to continue bullish price action after filling the imbalance and rejecting from bullish OB + institutional big figure 0.83000.
Fundamental news: On Thursday (GMT+2) we will see results of Interest Rate on GBP, news with high impact on currency.
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EURGBP-BUY strategy 9 hourly chartThe pair has sold of further, and looking at GILTS it made sense, but even those are oversold (yield wise). I think my personal view of BUY remains the same, and think we will see recovery back towards 0.8395 in the week ahead.
Strategy BUY @ 0.8290-0.8320 and take profit near 0.8378 for now.
EURGBPThe EUR/GBP pair is near a demand zone on the 15-minute chart, signaling a potential buy opportunity. Look for bullish candlestick patterns to confirm entry. Place a stop-loss below the zone and target the nearest resistance for profit. This setup offers a good risk-reward ratio for a long position. Keep an eye on price action for any changes.