EURGBP - Weekly Smart Money Plan

720
Market Context

EURGBP steps into the new week under strong macro influence as markets reprice Bank of England vs ECB rate expectations. Sticky UK inflation, mixed UK data, and growing speculation around ECB rate cuts are driving erratic flows rather than clean directional trends.

This backdrop favors liquidity manipulation — stop hunts, false breakouts, and sharp reactions around key weekly levels — ideal conditions for Smart Money to operate.

Expect volatility around UK CPI, BoE commentary, and Eurozone data, especially near range extremes.

Smart Money Technical Read

Current State: Price remains within a broader bearish HTF structure, despite a strong bullish displacement from recent lows. The rally shows signs of being corrective, reacting into prior premium liquidity rather than initiating a new trend.

Core Bias: Sell premium after confirmation. Buy only at deep discount with structure shift. No chasing price in the middle of the range.

Structure Notes:
• HTF bearish structure remains intact
• Recent upside impulse shows liquidity grab characteristics
• Premium aligns with prior supply & buy-side liquidity
• Discount holds sell-side liquidity + inefficiency (FVG)
• Market currently rotating inside a controlled range

Liquidity Zones & Key Weekly Levels

🔴 SELL EURGBP: 0.87137 – 0.87147
SL: 0.87237

🟢 BUY EURGBP: 0.86541 – 0.86531
SL: 0.86441

🔴 SELL Scenario — Weekly Premium Distribution

Conditions:
✔ Price spikes into 0.8714 area on GBP weakness or EUR strength
✔ Buy-side liquidity taken above recent highs
✔ Bearish CHoCH / MSS on H1–M15
✔ Downside BOS confirms Smart Money intent
✔ Entry refined via bearish OB or FVG

Targets:
• 0.8680 — internal reaction
• 0.8655 — range low liquidity
• 0.8630s — weekly discount expansion

🟢 BUY Scenario — Weekly Discount Accumulation

Conditions:
✔ Sell-side liquidity sweep below 0.8654
✔ Price trades at deep weekly discount
✔ Bullish CHoCH / MSS on LTF
✔ Strong bullish displacement confirms accumulation
✔ Entry from refined bullish OB inside discount

Targets:
• 0.8680 — first reaction
• 0.8710 — internal liquidity
• 0.8730+ — if corrective upside extends

Institutional Playbook

Inducement → Liquidity Sweep → CHoCH / MSS → BOS → Displacement → OB / FVG → Expansion

⚠️ Risk Notes

• Expect fake moves around BoE & ECB headlines
• No structure = no trade
• Reduce size during news volatility
• Let price come to levels — patience pays

Weekly Summary

EURGBP remains a Smart Money range environment this week:

• Sell strength at premium (0.8714)
• Buy weakness only at deep discount (0.8654)

Trade levels, respect structure, and let liquidity reveal intent.

Follow Ryan_TitanTrader for Smart Money gold breakdowns.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.