EURGBP at Major Support — Is a Bullish Reversal Finally Here?EURGBP ( FX:EURGBP ) is currently trading inside a heavy support zone(0.8511 GBP-0.8444 GBP)). On the higher timeframe, we can also see a Positive Regular Divergence (RD+) between two consecutive valleys, which could be an early sign of a potential bullish reversal.
From an Elliott Wave perspective
Euro / British Pound
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Details
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.
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
EUR/GBP IDEA🚨 EUR/GBP IDEA🚨
📉 Market Bias: DOWNTREND
The market remains in a bearish trend. Focus on SELL opportunities while following your trading strategy and wait for proper confirmation before entering. Avoid FOMO trades.
✅ Trend: Bearish
🎯 Focus: SELL
⚠️ Risk only 1–2% of your capital per trade.
📊 Trad
*EUR/GBP – Interesting London Session Price Action**EUR/GBP – Interesting London Session Price Action 📉**
EUR/GBP delivered an interesting price action during today's London session.
The market first swept **yesterday's high**, which was almost at the same level as **Tuesday's high**, taking the buy-side liquidity resting above those highs. After
EURGBP Bullish for the rest of the year.Seven months ago (December 19 2025, see chart below), we gave a long-term Sell Signal on the EURGBP pair as we saw it form a Bull Cycle Top a month prior:
Last week our 0.85000 long-term Target got hit and now the price is rebounding exactly after reaching the 0.618 Fibonacci retracement level,
Bearish continuation setup?EUR/GBP has rejected off the resistance level, which is a pullback resistance and could drop from this level to our take profit.
Entry: 0.8514
Why we like it:
There is a pullback resistance level.
Stop loss: 0.8549
Why we like it:
There is a pullback support level.
Take profit: 0.8459
Why we like
EURGBP UPDATEThe EUR/GBP 4-hour chart shows price rebounding from a strong demand zone around 0.8510–0.8520 after a sharp sell-off. Buyers have defended this area well, and the recent bullish impulse suggests short-term momentum is shifting upward. The highlighted demand zone has acted as a key support level, in
Sell EUR/GBP at cluster resistance.The EUR/GBP broke support to the downside a few weeks back what looks like a Pennant pattern. This gives a downside target of around 0.8359 which also coincides with 78.6% Fib level on the weekly timeframe and strong support level. Nothing goes in a straight line and there will be corrections and co
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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 0.85346 GBP — it has decreased by −0.13% 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 0.28%. Track all currencies' changes with our live Forex Heatmap and prepare for markets volatility.
The EURGBP showed a 0.54% rise over the past week, the month change is a −1.11% fall, and over the last year it has decreased by −1.86%. 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.









