Nice Move in the Euro Along with the Pound in the London Session
A nice move unfolded in the euro and pound during the London session. Both currencies gained strength. EUR/USD and GBP/USD rallied steadily. This reflected positive European sentiment. Traders spotted relational opportunities in majors and crosses.
Another great session this morning with David and myself as we showcase the Quantum Trading tools and indicators through the European open and into the London session, and the two currencies we focused on here were the British pound and the euro. As you would expect these are the currencies that take centre stage as European markets open, and we were not disappointed with the euro finding some positive sentiment and sending it firmly higher against the US dollar which was equally bearish on the faster timeframes, and so developing a nice trend. And of course this was clearly in evidence on the currency strength indicator on both the MT5 platform and the NinjaTrader platform.
One of the key issues when trading any pair is to understand whether the sentiment for the currency is universal across the currency complex, and here the currency matrix and the currency array step in to help and display this instantly and in all timeframes. This was also clearly revealed as we moved to the pound with the strong selling on the currency strength indicator, then revealed as broad market sentiment when we move to look at the associated pairs on the matrix and the array. And of course, one of the things we always look out for at the session crossover is a strong reversal, which duly arrived as we suggested it would!
Volume Price Analysis Confirmation
Volume price analysis (VPA) validated the strength. Up candles widened with rising volume. This showed buying conviction. Low volume pullbacks signaled weak selling. Quantum Trend Monitor on MT5 or NinjaTrader stayed aligned bullish. Currency strength indicator ranked EUR and GBP high.
Why London Session Delivered for EUR and GBP
London overlap with Europe drives these currencies. Data releases or policy hints fuel momentum. Risk-on flows supported both. Quantum matrix revealed relational gains vs USD. No major counter-forces appeared.
Trading Insights from the Move
This session rewarded longs. Pullbacks with volume support offered entries. Continuation on high volume spikes confirmed momentum. Anna Coulling’s VPA approach with Quantum tools turns London volatility into disciplined trades.
Nice moves like this in euro and pound remind us—London session often sets the tone. Quantum indicators make spotting relational strength reliable. Stay volume-focused for consistent results.
USD Weakness Against EUR and GBP: Current Sentiment and Trading Insights
The US dollar has shown signs of weakness against the euro and pound in recent sessions. EUR/USD and GBP/USD rally on relational shifts. This reflects changing sentiment. Traders spot opportunities in majors. Volume price analysis (VPA) confirms conviction—high volume on up moves validates strength.
Drivers of USD Weakness
USD faces pressure from:
- Fed policy outlook: Dovish hints or pause expectations weaken dollar.
- Risk-on flows: Equities up favors EUR and GBP growth links.
- European resilience: Strong data or ECB tone supports euro.
GBP/USD (Cable) often leads USD-weakness plays. Quantum currency strength indicator ranks GBP high vs USD low.
VPA Confirmation in Majors
VPA reveals real moves. High volume rallies in EUR/USD or GBP/USD show buying conviction. Low volume pullbacks = weak selling—entry opportunities. Divergence warns of fading weakness.
Quantum Trend Monitor on MT5 or NinjaTrader aligns bullish bias. Matrix shows relational extremes—EUR and GBP strong vs USD.
Practical Trading Insights
Focus on EUR/USD and GBP/USD for USD-weakness trades. Long on volume-confirmed pullbacks. Trail stops on continuation. Avoid low-volume spikes—potential traps.
Anna Coulling’s VPA approach with Quantum tools turns USD weakness into disciplined opportunities. Quantum indicators spot relational shifts fast.
USD weakness against EUR and GBP creates momentum. Quantum with VPA delivers the edge. Trade conviction moves for consistent results.
By Anna Coulling