EURGBP Bullish

Analysis Price: 0.8825 (Updated: 16 November 2025, 16:41 UTC)

Comprehensive analysis for EURGBP showing a predominantly bullish bias with 76% bullish consensus based on combined analytical factors. Raw trader sentiment shows 22% long, 78% short. Market structure, technical patterns, and key levels examined across multiple timeframes.

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Signal Overview

Bullish Medium Confidence High Risk

Market Consensus:

76% Long

24% Short

Valid Timeframes:

M15 H1 H4 D1

Signal Analysis:

The analysis indicates a medium confidence bullish bias for EURGBP (signal strength: 51%). Supporting factors include: High probability (95%) support zone detected at 0.8803; EUR is showing relative strength against GBP (diff: 17%). Contradicting factors: Retail sentiment is 78% bearish. Risk assessment for this trade is high. This signal is most valid on the M15, H1, H4, D1 timeframes.

Sentiment Analysis

Note: The sentiment chart below shows actual trader positioning data (22% long / 78% short). The overall bullish bias (76%) mentioned in the page header represents our analytical consensus based on combined technical factors beyond raw sentiment.

LONG SHORT

22% 78%

Historical Sentiment (7 Days)

Sentiment Interpretation

Extremely bearish sentiment with 78% of traders holding short positions. This extreme positioning could indicate a potential contrarian long opportunity as the market may be oversold.

Support & Resistance Analysis

Resistance Levels

R1: 0.8865 0.45% ↑

Analysis Price: 0.8825

Support Levels

S1: 0.8772 0.60% ↓

Market Regime:

Range

Analyst Bias:

Unknown

Direction Probability:

70%

Price Position Analysis

Price is between support at 0.8772 (0.60% below analysis price) and resistance at 0.8865 (0.45% above), with slightly closer proximity to resistance. Watch for rejection confirmation at resistance or break above.

Chart Pattern Analysis

58%

Double Bottom

Reliability:

58%

Detected: Nov 16, 14:02

Pattern Analysis Interpretation

Predominantly bullish patterns detected across timeframes, suggesting upward momentum. The most reliable pattern is a bullish Double Bottom on the D1 timeframe with 58% historical reliability. This pattern is currently only confirmed on the D1 timeframe.

High Probability Zones

No high probability zones detected for EURGBP at this time.

Volatility Analysis

Select Timeframe:

Daily Range (pips):

47.0

Volatility Regime:

Low

Volatility Level:

21%

10-Day ATR Trend

Volatility Interpretation (H1)

EURGBP is exhibiting low volatility (21 percentile) with an expected daily range of just 47.0 pips. This reduced movement typically indicates consolidation or indecision in the market. Consider tighter stop losses but be aware that breakout potential increases after periods of low volatility.

Correlation Analysis

Top Correlations with EURGBP

GBPCAD

-0.85

GBPJPY

-0.80

GBPCHF

-0.80

EURCHF

0.79

GBPAUD

-0.77

Correlation Interpretation

Understanding how EURGBP correlates with other pairs can help with portfolio diversification and risk management. Strong positive correlations (above 0.7) indicate pairs that move similarly, while strong negative correlations (below -0.7) show pairs that typically move in opposite directions.

EURGBP shows strong positive correlation with: EURCHF. This means these pairs tend to move in the same direction. Trading in the same direction on multiple correlated pairs increases portfolio risk, while finding divergences between correlated pairs can highlight potential reversal opportunities.

EURGBP shows strong negative correlation with: GBPCAD, GBPJPY, GBPCHF, GBPAUD. This means these pairs tend to move in opposite directions. Negatively correlated pairs can be useful for hedging strategies or to confirm signals (a buy signal in one pair would be supported by a sell signal in the negatively correlated pair).

Currency Strength Analysis

Select Timeframe:

EUR

0.45

Strong

GBP

-0.48

Weak

Relative Strength:

0.93

Bullish Bias

Currency Strength Interpretation (M15)

EUR is significantly stronger than GBP on the M15 timeframe, with a relative strength of 0.93. This suggests a strong bullish bias for EURGBP. With EUR showing absolute strength and GBP showing absolute weakness, this is an ideal scenario for a long position.

How to Use This Analysis

This comprehensive analysis provides multiple perspectives on EURGBP to help inform your trading decisions:

Sentiment Analysis: Use to understand market positioning and potential contrarian opportunities
Support & Resistance: Identify key price levels for setting stop losses and take profits
Pattern Analysis: Recognize technical formations that may indicate continuation or reversal
Volatility Analysis: Adjust position sizing and risk management based on current market conditions
Currency Strength: Compare the relative performance of individual currencies within the pair
Correlation Analysis: Understand how this pair moves in relation to others for portfolio diversification

For optimal results, consider how these different factors align. The strongest trading opportunities typically occur when multiple analytical tools show confirmation across different timeframes.