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  • Interest Rate2.4
  • Inflation Rate MoM0.6
  • Inflation Expectations2.9
  • Retail Sales MoM0.3
  • GDP Growth Rate0
  • GDP m/m
  • Manufacturing PMI48.7
  • Services PMI 49.7
  • Unemployment Rate6.1
  • 4.5Interest Rate
  • 0.3Inflation Rate MoM
  • 3.9Inflation Expectations
  • 0.4Retail Sales MoM
  • 0.1GDP Growth Rate
  • 0.5GDP m/m
  • 44Manufacturing PMI
  • 48.9Services PMI
  • 4.4Unemployment Rate

Day Trading

Short Term/Scalp Opportunity

Waiting for confirmations

Swing Trading

Long Term Opportunity

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Waiting for confirmations

Market Risk Sentiment
Intraday performance
Last update: 2025-04-29 11:21
Intraday performance - Session history
Last update: 2025-04-29 11:21
Technical Data:
R1: S1:
R2: S2:
R3: S3:
R4: S4:

Daily:

H1:

M30:

M5:

Signal

Neutral

Neutral

Over Bought

Buy

waiting...

30 %
Pivot Points

Pivot: 0.85140

S1: 0.84839

S2: 0.84626

S3: 0.84325

R1: 0.85353

R2: 0.85654

R3: 0.85867

Retail traders Money flow: Last update: 2025-04-29 11:00

EURGBP, Retail traders Sentiment

EURGBP, Retails Liquidity history

Commitments of Traders (COT): latest CFTC report: 2025-04-22

>Euro

Net Positions:

Previous 69,280

Current 65,028

Changes -4252 -6%

>British Pound

Net Positions:

Previous 6,509

Current 20,490

Changes +13981 215%
NET Change History EUR
NET Change History GBP
Large Speculators vs price history (Hot money Tracking)
AI Forecast
Forecast:

Licensed User access

0%
0%
Base: EUR

Interest rate: 2.4%

Germany 10Y Bonds: 2.502 , chg: -0.006 (-0.220%)

Italy Bonds, Italy 10: 3.624 , chg: 0.005 (-0.220%)

 

Fundamental Bias: Bullish Weak

Fundamental Score: 4

COT POS: EUR: 65028 pos, last change: -6% (-4252 contracts)

Retail Short pos ratio: 28%

Retail trader Sell position: 2593

Retail trader Sell volume: 481.16 lots lot

Distance to Resistance R4 (0.86191): 0.01174

Quote: GBP

Interest rate: 4.5%

Bonds, U.K. 10Y: 4.528 , chg: 0.021 (0.470%)

 

 

Fundamental Bias: Neutral --

Fundamental Score: 2

COT POS: GBP: 20490 pos, last change: 215% (13981 contracts)

Retail Long pos ratio: 72%

Retail trader Long position: 5474

Retail trader Buy volume: 1259.59 lots lot

Distance to Support S4 (0.84122): 0.00895

Fundamental Bias:

Bullish Weak

European Central Bank (ECB) rate: 2.4%

Monetary Policy: Dovish Last change: Apr 17, 2025 (-25bp)


Neutral

Bank of England (BOE) rate: 4.5%

Monetary Policy: Dovish Last change: Feb 06, 2025 (-25bp)

EUR Calendar
GBP Calendar

Economic compare

  • Interest Rate2.4
  • CPI y/y2.2
  • Inflation Rate MoM0.6
  • Producer Prices Change3
  • Core Inflation Rate MoM1
  • Consumer Price Index CPI128
  • Inflation Expectations2.9
  • Retail Sales MoM0.3
  • Core Producer Prices MoM
  • GDP Growth Rate0
  • GDP m/m
  • Manufacturing PMI48.7
  • Services PMI 49.7
  • Non Manufacturing PMI
  • Unemployment Rate6.1
  • Employment Rate70.6
  • Initial Jobless Claims
  • Non Farm Payrolls
  • Average Hourly Earnings
  • ADP Employment Change
  • Balance of Trade23984
  • Consumer Confidence0
  • Government Bond 10Y
  • TOTAL SCORE5
  • 4.5Interest Rate
  • 2.6CPI y/y
  • 0.3Inflation Rate MoM
  • 0.3Producer Prices Change
  • 0.5Core Inflation Rate MoM
  • 136Consumer Price Index CPI
  • 3.9Inflation Expectations
  • 0.4Retail Sales MoM
  • 0.3Core Producer Prices MoM
  • 0.1GDP Growth Rate
  • 0.5GDP m/m
  • 44Manufacturing PMI
  • 48.9Services PMI
  • Non Manufacturing PMI
  • 4.4Unemployment Rate
  • 75.1Employment Rate
  • Initial Jobless Claims
  • 0Non Farm Payrolls
  • Average Hourly Earnings
  • ADP Employment Change
  • 0Balance of Trade
  • 0Consumer Confidence
  • Government Bond 10Y
  • 3TOTAL SCORE
EURGBP:

According to economic data, the base currency is outperforming the quote currency due to stronger economic indicators, encouraging traders to buy the pair. This positive outlook, driven by the base currency's strength versus the quote currency's weakness, increases the likelihood of buying activity to profit from this divergence.

Bullish points

Bullish points

Bearish points

  • Dovish Monetary Policy

Bearish points

  • Dovish Monetary Policy
News
Euro (EUR)

The Euro (EUR) is the official currency of the Eurozone, consisting of 19 of the 27 European Union (EU) member countries. It is the second most traded currency in the world and serves as a symbol of European economic integration. The Euro was introduced in 1999, and its value is influenced by the economic stability of the Eurozone. Key points include its central role in global trade and finance, with the European Central Bank (ECB) being responsible for its monetary policy. The Euro often shows strong correlations with the USD and commodity prices due to the economic dynamics of Europe and the global trade market. The Euro’s price is driven by factors such as GDP growth, inflation rates, political stability within the EU, and interest rates set by the ECB. In times of geopolitical instability, the Euro may weaken, while a stable economic outlook in the Eurozone can lead to strengthening.

British Pound (Sterling)

The British Pound (GBP), the official currency of the United Kingdom, is one of the oldest currencies still in use. The Pound is the fourth most traded currency globally, and its value is heavily influenced by the economic health of the UK. Important price drivers for GBP include the monetary policy of the Bank of England (BoE), inflation, unemployment rates, and political events, including those related to Brexit. The GBP is highly correlated with the EUR and USD, often moving in similar patterns in relation to global economic events. The pound tends to strengthen when the UK economy shows signs of growth and political stability, while it weakens amid uncertainty or economic downturns. The GBP's price is also impacted by trade relations, especially those involving the EU and major global partners.

EURGBP Analysis EURGBP Analysis

Introduction

The EUR/GBP reflects the economic relationship between the Eurozone and the United Kingdom. This pair is influenced by economic data from both regions, including GDP, inflation, and employment figures. The Bank of England’s and European Central Bank’s interest rate policies play significant roles in driving the pair’s movements. Brexit-related news and the economic outlook for the UK significantly impact the EUR/GBP.


Fundamentals and Interest Rates

The European Central Bank policy is Dovish with the (ECB) current Interest rate 2.4%. Latest change was Apr 17, 2025 (-25bp)%.
On that side the Bank of England policy is Dovish and (BOE) has set its interest rate to 4.5% by latest change, Feb 06, 2025 (-25bp).
(BOE) Higher interest rates generally lead to higher returns on investments denominated in GBP. This tends to attract foreign capital into GBP assets.

Based on the economic and macro fundamental data, The Fundamental Bias of EUR is Weak Bullish and for the GBP is -- Neutral.
Ziwox considering Weak Bullish bias for this asset and we anticipate long-term price increases.
Our Ziwox A, mid-term Fundamental Score for EUR is 4. and Fundamental Score for GBP is 2. So, base on the Fundamental Score, we predict mid-term upside price movement.

Market Overview & Performance

In the current trading session, "London", Market risk sentiment is Strong Risk-OFF. The United States Dollar and Canadian Dollar recorded the strongest performance, while the Gold and Switzerland Frank are weakest so far.

Currencies performance vs US dollar "USD"
Gold "XAU", recorded a -1.12% decrease against us dollar.
Euro "EUR", performance has been -0.32% down so far
Pond "GBP", performance has been -0.36% down as of now
Australian dollar "AUD", has dropped by -0.46%
New Zealand dollar "NZD", has dropped by -0.38%
Japanese YEN "JPY", experienced -0.39% fall
Swiss franc "CHF", experienced -0.52% fall so far
Canadian dollar "CAD", has lost -0.19%
Market risk sentiment is OFF, Investors seek safety, favoring safe-haven currencies and assets while selling off riskier investments.


Market Sentiment and Positioning

EUR COT (Commitments of Traders):

Institutions Net Position on >Euro is 65028 included 196205 long, 131177 short and -4252 position changed from last week.
So they mainly have a bullish view on this asset and bought EUR for higher prices in long-term.
Last week -4252 repositioning Indicates closing positions, short-term profit-taking, or a general pessimism about prices.


GBP COT (Commitments of Traders):

Institutions Net Position on >British Pound is 20490 included 94021 long, 73531 short and 13981 position changed from last week.
So they mainly have a bullish view on this asset and bought GBP for higher prices in long-term.
Last week 13981 repositioning Indicates that they are optimistic about higher prices in mid-term.


Retail Traders:

Crowd traders or Retail traders are bullish on the EURGBP with 72% 28% ratio. 5474 long pos and 2593 short position.
We generally adopt a contrarian approach towards crowd sentiment and we give probability EURGBP prices may decrease.


Technical Levels and Support/Resistance

The EURGBP pair is approaching a critical technical support level near 0.84122.
Technical trend is Sell, So If the pair continues to weaken, this support could become a significant area to watch for potential reversal or consolidation.
On the upside, there is key resistance near 0.86191. Technically, If the pair continues to the upside, this resistance level could become a significant area to watch for sell entery potential.

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Risk Disclaimer
  Please note that trade offers are intended solely for educational purposes

Our forecasts, signals, and trade opportunities are provided to help you stay informed, but we do not take responsibility for any potential losses.
Additionally, we do not offer financial or investment advice in this section of the website.

Before engaging in foreign currency trading, its important to carefully consider your own investment goals, experience level, and risk tolerance.
We want to emphasize that we cannot be held liable for any loss or damage, including potential profit loss, that may result from using or relying on this information. Your decisions are ultimately your own, and we encourage you to approach trading with caution and awareness.

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