Daily Pivots: (S1) 0.8487; (P) 0.8521; (R1) 0.8541; More… Intraday bias in EUR/GBP is turned neutral again with current retreat. On the upside, above 0.8549 temporary top will target 0.8593 structural resistance. Sustained break there will be the first sign of larger bullish reversal and target 0.8656 resistance next. On the downside, break of 0.8487…
EURGBP Outlook
Daily Pivots: (S1) 0.8510; (P) 0.8530; (R1) 0.8568; More… Intraday bias in EUR/GBP remains on the upside for 0.8593 structural resistance. Sustained break there will be the first sign of larger bullish reversal and target 0.8656 resistance next. On the downside, break of 0.8487 minor support will turn bias back to the downside for 0.8379…
EUR/GBP’s rebound from 0.8379 continued last week and hit as high as 0.8549. Initial bias is on the upside this week for 0.8593 structural resistance next. Sustained break there will be the first sign of larger bullish reversal and target 0.8656 resistance next. On the downside, break of 0.8487 minor support will turn bias back…
Daily Pivots: (S1) 0.8482; (P) 0.8505; (R1) 0.8521; More… Intraday bias in EUR/GBP is turned neutral with current retreat. On the upside, above 0.8537 will resume the rebound from 0.8379 to 0.8593 resistance. Sustained break there will be the first sign of larger bullish reversal and target 0.8656 resistance next. On the downside, however, break…
Daily Pivots: (S1) 0.8504; (P) 0.8517; (R1) 0.8541; More… Further rise is still expected in EUR/GBP to 0.8593 resistance. Sustained break there will be the first sign of larger bullish reversal and target 0.8656 resistance next. On the downside, however, break of 0.8444 minor support will turn bias back to the downside for retesting 0.8379…
Daily Pivots: (S1) 0.8486; (P) 0.8512; (R1) 0.8551; More… No change in EUR/GBP’s outlook as rise form 0.8379 is in progress for 0.8593 resistance. Sustained break there will be the first sign of larger bullish reversal and target 0.8656 resistance next. On the downside, however, break of 0.8444 minor support will turn bias back to…
Daily Pivots: (S1) 0.8455; (P) 0.8471; (R1) 0.8496; More… Intraday bias in EUR/GBP stays on the upside as rebound from 0.8379 is in progress. Sustained break of 55 day EMA (now at 0.8486) will target 0.8593 structural resistance. On the downside, though, break of 0.8444 minor support will turn bias back to the downside for…