EURGBP analysis - 29 April 2026 #eurgbp #forexsignals #forextrading #hometraderclub

That's the euro pound. Very interesting thing happening here with this bearish divergence on the weekly chart. The expectations from the euro pound to complete these two waves to the downside at least, and with that idea in mind, take a look how the daily charts develops. We start to see sequences of lower highs, lower lows. The chart, the price starts to move kind of inside this bearish channel. The volume profile zone holds. The 200 moving average with the 50 moving average. Range holds. So that becomes a very strong zone, and as long as the price managed to hold below the last high and the peak of the falling channel, the idea here is any pullbacks could deliver further move to the downside. On the 4-hour chart, we can see the pair already started to make sequences of lower highs, lower lows. Currently no opposite signs against, So pullbacks here are welcome, but as long as the levels we discussed hold, it should be nothing more than a further sell. So for me, this one is bearish. What do