🧠 Setup Overview:
EUR/GBP continues to trade within a well-defined bullish channel, holding strong above the key support zone near 0.8720–0.8715. The pair has respected the trendline multiple times, showing consistent buying interest. As long as price stays within the channel, the short-term bias remains bullish.
💡 Technical Plan:
Pattern: Bullish Channel Formation
Bias: Buy on confirmation bounce from trendline or cloud support
Support Zone: 0.8720 – 0.8715
Entry Zone: Near 0.8725–0.8730 (after confirmation candle)
Targets:
🎯 1st Resistance: 0.8765
🎯 2nd Resistance: 0.8797
Invalidation: A close below 0.8710 would weaken bullish structure
📊 Fundamental Insight (Today’s Context – 28 Oct 2025)
The EUR gains mild support from hawkish remarks by ECB policymakers hinting at a cautious tone toward further easing.
The GBP remains pressured as UK economic data reflects slower consumer spending and weaker manufacturing momentum.
Combined, the sentiment supports a short-term EUR strength against GBP, aligning with the bullish technical outlook.
#EURGBP #Forex #TechnicalAnalysis #PriceAction #Ichimoku #BullishChannel #KABHI_TA_TRADING #ChartsDontLieTradersDontQuit #FXMarket #TradingView #BuySetup #ForexTrading #Euro #Pound #TrendlineSupport #MarketAnalysis #ForexCommunity
⚠️ Disclaimer:
This analysis is shared for educational purposes only and not financial advice. Always perform your own research and apply strict risk management before trading.
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EUR/GBP continues to trade within a well-defined bullish channel, holding strong above the key support zone near 0.8720–0.8715. The pair has respected the trendline multiple times, showing consistent buying interest. As long as price stays within the channel, the short-term bias remains bullish.
💡 Technical Plan:
Pattern: Bullish Channel Formation
Bias: Buy on confirmation bounce from trendline or cloud support
Support Zone: 0.8720 – 0.8715
Entry Zone: Near 0.8725–0.8730 (after confirmation candle)
Targets:
🎯 1st Resistance: 0.8765
🎯 2nd Resistance: 0.8797
Invalidation: A close below 0.8710 would weaken bullish structure
📊 Fundamental Insight (Today’s Context – 28 Oct 2025)
The EUR gains mild support from hawkish remarks by ECB policymakers hinting at a cautious tone toward further easing.
The GBP remains pressured as UK economic data reflects slower consumer spending and weaker manufacturing momentum.
Combined, the sentiment supports a short-term EUR strength against GBP, aligning with the bullish technical outlook.
#EURGBP #Forex #TechnicalAnalysis #PriceAction #Ichimoku #BullishChannel #KABHI_TA_TRADING #ChartsDontLieTradersDontQuit #FXMarket #TradingView #BuySetup #ForexTrading #Euro #Pound #TrendlineSupport #MarketAnalysis #ForexCommunity
⚠️ Disclaimer:
This analysis is shared for educational purposes only and not financial advice. Always perform your own research and apply strict risk management before trading.
💬 Support My Work
If you find this helpful — LIKE 👍, COMMENT 💭, and FOLLOW 🔔 for more daily Forex setups and insights!
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🟢New Telegram Free Channel : telegram.me/kabhi_official
Contact Me @
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Contact Me @
Telegram - telegram.me/kabhidhan_official
Verbundene Veröffentlichungen
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.