EUR/GBP Daily Price Forecast – 19th June 2025

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Trade Summary:

EURGBP
Buy Stop @ 0.85648
TP @ 0.86102
SL @ 0.85062

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EUR/GBP Analysis (H4 Chart)

Overview

The EUR/GBP chart on the H4 timeframe shows a bullish trend with a potential breakout setup. The price is currently approaching a key resistance level, with a buy stop order placed above the resistance, indicating a bullish bias.

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Key Levels

• Buy Stop: 0.85648

  • This level is slightly above the current resistance, suggesting a breakout strategy. If the price breaks above this level, it could confirm bullish momentum.

• Take Profit (TP): 0.86102

  • The TP level is set near a previous resistance zone, which aligns with the next significant price target for the bullish move.

• Stop Loss (SL): 0.85062

  • The SL is placed below a recent support level, providing a safety net in case the price reverses.

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Technical Indicators

• Moving Averages:

  • The yellow line (short-term MA) is above the red line (long-term MA), indicating a bullish crossover and upward momentum.

  • The price is trading above both moving averages, further confirming the bullish trend.

• Trend:

  • The chart shows a clear uptrend with higher highs and higher lows forming, suggesting strong bullish sentiment.

• Support and Resistance:

  • Resistance: The price is testing the resistance near 0.85648, which, if broken, could lead to further upside.

  • Support: The support near 0.85062 is holding well, providing a solid base for the bullish move.

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Trade Setup

• Entry: A buy stop order at 0.85648 ensures entry only if the price breaks above the resistance, confirming bullish momentum.

• Risk-Reward Ratio: The distance between the entry, TP, and SL suggests a favorable risk-reward ratio, making this a potentially profitable trade.

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Conclusion

The EUR/GBP pair is showing strong bullish momentum on the H4 chart. A breakout above 0.85648 could lead to a rally toward 0.86102. However, traders should monitor the price action closely, as a failure to break the resistance could result in a pullback toward the support at 0.85062.

Recommended Lot Size

Trading is all about statistics.

While we can experience winning streaks, we can also suffer from losing streaks.

As such, we should always size each trade to withstand losing streaks (if any).

It's widely recommended that you should not risk more than 2% of your capital for each trade.

We believe it's easier to control your lot size by limiting your lot sizing to 0.01 for every $500 in your account.

So if you have $5000, then risk no more than 0.10 lot size per trade.

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If you spot a mistake especially when it comes to the price, please use common sense and check the chart.

We wish you good luck and good profit for this trade idea.

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