EURGBP: Bearish Drop to 0.84540?FX:EURGBP is eyeing a bearish continuation on the 4-hour chart , with price testing resistance after recent recovery and forming lower highs along the downward trendline, converging with a potential entry zone that could trigger further downside momentum if sellers defend amid volatility. This s
Euro / British Pound
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The Euro vs the British Pound. This pair represents a cross between the two largest economies in Europe, the Euro Zone and the United Kingdom. The pair is greatly less volatile than other Euro or Pound based crosses because of the economic closeness and interdependence between the two. Changes in monetary policy between the Bank of England and the European Central Bank can make this pair extremely sensitive.
EUR/GBP Market UpdateEUR/GBP has recovered sharply from the 0.8490 demand zone, where buying interest emerged after the aggressive sell-off seen earlier this month. The recovery has been orderly, with higher lows beginning to develop, suggesting short-term momentum has shifted in favour of the bulls.
Price is now trad
EURGBP - Wait for the Intersection!EURGBP has remained overall bearish, with price continuing to trade below the descending trendline, keeping sellers in control of the broader trend. 📉
Price is now approaching a high-confluence resistance area, formed by the intersection of:
The blue resistance zone.
The descending trendline.
📌 A
Bullish momentum building?EUR/GBP is falling toward the support level, which is an overlap support that aligns with the 38.2% Fibonacci retracement and could bounce from this level to our take profit.
Entry: 0.8538
Why we like it:
There is an overlap support that aligns with the 38.2% Fibonacci retracement.
Stop loss: 0.85
EUR/GBP – 4H Technical Analysis | EUR/GBP – 4H
Hello everyone and welcome back, dear TradingView followers! 🌹📊
I hope you are all having a great trading journey and green trades. Today, let’s take a look at EUR/GBP on the 4-hour timeframe. 🔎
🏦 Fundamental Perspective
The EUR/GBP pair is highly sensitive to t
Potential bullish rise?EUR/GBP has reacted off the pivot and could rise towards the 1st resistance, which has been identified as a pullback resistance that is slightly above the 61.8% Fibonacci retracement.
Pivot: 0.8572
1st Suport: 0.8549
1st Resistance: 0.8605
Disclaimer:
The opinions given above constitute general
EURGBP Will Go Lower From Resistance! Short!
Here is our detailed technical review for EURGBP.
Time Frame: 4h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is approaching a significant resistance area 0.856.
Due to the fact that we see a positive bearish reaction from the underlined area
EURGBP: Bearish Move From Key Level 🇪🇺🇬🇧
EURGBP looks overbought after the last bullish wave.
The price reached a key horizontal level.
A bearish imbalance candle on a 4H time frame indicates a strong selling pressure.
The price may retrace to 0.856 level.
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently asked questions
The current rate of EURGBP is 0.85529 GBP — it has decreased by −0.10% in the past 24 hours. See more of EURGBP rate dynamics on the detailed chart.
The value of the EURGBP pair is quoted as 1 EUR per x GBP. For example, if the pair is trading at 1.50, it means it takes 1.5 GBP to buy 1 EUR.
The term volatility describes the risk related to the changes in an asset's value. EURGBP has the volatility rating of 0.27%. Track all currencies' changes with our live Forex Heatmap and prepare for markets volatility.
The EURGBP showed a 0.12% rise over the past week, the month change is a −0.70% fall, and over the last year it has decreased by −0.73%. Track live rate changes on the EURGBP chart.
Learn how you can make money on rate changes in numerous trading ideas created by our community.
Learn how you can make money on rate changes in numerous trading ideas created by our community.
EURGBP is a minor currency pair, i.e. a popular pair that is not associated with USD. Such pairs are also called cross currency pairs.
Currencies are usually traded through forex brokers — choose the one that suits your needs and go ahead. You can trade EURGBP right from TradingView charts — just log in to you broker account. Check out the list of our integrated brokers and find the best one for your needs and strategy.
When deciding to buy or sell currency one should keep in mind many factors including current geopolitical situation, interest rates, and other. But before plunging into a deep research, you can start with EURGBP technical analysis. The technical rating for the pair is sell today, but don't forget that markets can be very unstable, so don't stop here. According to our 1 week rating the EURGBP shows the sell signal, and 1 month rating is sell. See more of EURGBP technicals for a more comprehensive analysis.









