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EUR/GBP Potential Upward Movement

EUR/GBP Long-Term Trend: Bullish

Key Resistance Levels: 0.8835, 0.8878, 0.8928

Key Support Levels: 0.8770, 0.8732, 0.8695

Daily Chart:

The price on the higher time frame has been in an uptrend for some time after it bounced back from a support level of 0.8405 and showed good momentum. The pair has found support at another level of 0.8570 and continues the momentum after testing that level.   

EUR/GBP Medium-Term Trend: Bullish

1-Hour Chart:

On the lower time frame, the pair is moving in the major trend’s direction. It consolidated for some time after a bullish run between a range of 0.8695 and 0.8732 and has broken the upper range. As of now the pair has broken and retested another level of 0.8770 before continuing the momentum.

Signal Idea:

Buy Stop Order @ 0.8793

TP 1 @ 0.8831

TP 2 @ 0.8888

Stop Loss @ 0.8755

Trade Safely 🙂

About Vipul Rathaur

A trader with more than six years of experience, Vipul is a discretionary trader and uses multi time frame analysis for his analysis and price action for his trade signals. Believes that risk management is the secret to making it in this world. He trades major Forex pairs, Indices, and Commodities.


  1. Hello Ryan, Im interested in Trading and I need you to guide me in this, If possible!

  2. Hi Ryan
    I am Pragadeesh I’m very much to learn treading but how can I start to learn can you guide me

  3. Am i the only one who hit SL on eur/gbp Trade?

    Kind regards,
    Søren Clausen

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