Category Archives: EURGBP Outlook

Daily Pivots: (S1) 0.8509; (P) 0.8520; (R1) 0.8541; More… With 0.8605 resistance intact, further decline is expected in EUR/GBP to 100% projection of 0.9324 to 0.8786 from 0.9019 at 0.8481 and then 0.8472 key support. We’d look for strong support from there to contain downside to bring rebound. On the upside, break of 0.8605 resistance…

Daily Pivots: (S1) 0.8498; (P) 0.8541; (R1) 0.8566; More… EUR/GBP’s decline resumed by breaking through 0.8521 and hits as low as 0.8498 so far. Intraday bias is back on the downside for 100% projection of 0.9324 to 0.8786 from 0.9019 at 0.8481 and then 0.8472 key support. We’d look for strong support from there to…

Daily Pivots: (S1) 0.8541; (P) 0.8560; (R1) 0.8588; More… Intraday bias in EUR/GBP remains neutral for consolidation above 0.8521 temporary low. Further decline remains mildly in favor as long as 0.8605 minor resistance holds. Break of 0.8521 will target 100% projection of 0.9324 to 0.8786 from 0.9019 at 0.8481, which is close to 0.8472 key…

Daily Pivots: (S1) 0.8516; (P) 0.8550; (R1) 0.8571; More… EUR/GBP is staying in consolidation from 0.8521 temporary low and intraday bias remains neutral first. Further decline remains mildly in favor as long as 0.8605 minor resistance holds. Break of 0.8521 will target 100% projection of 0.9324 to 0.8786 from 0.9019 at 0.8481, which is close…

Daily Pivots: (S1) 0.8564; (P) 0.8584; (R1) 0.8608; More… Intraday bias in EUR/GBP remains neutral at this point. Another fall is mildly in favor as long as 0.8676 resistance holds. Break of 0.8521 will target 100% projection of 0.9324 to 0.8786 from 0.9019 at 0.8481, which is close to 0.8472 key support. Considering diminishing downside…

EUR/GBP’s correction from 0.9324 short term top extended lower last week. But over all outlook is unchanged. While further decline cannot be ruled out this week, downside should be contained by 0.8891/9051 support zone to bring rebound. support zone to bring rebound. On the upside, break of 0.9157 will turn bias back to the upside…

Daily Pivots: (S1) 0.8995; (P) 0.9076; (R1) 0.9124; More… EUR/GBP’s corrective fall from 0.9324 might extend lower. But we’d expect strong support from 0.8891/9051 support zone to bring rebound. On the upside, break of 0.9157 will turn bias back to the upside for 0.9324 resistance first. However, sustained break of 0.8891 will target 61.8% retracement…

Daily Pivots: (S1) 0.9117; (P) 0.9140; (R1) 0.9167; More… Intraday bias in EUR/GBP remains on the downside at this point. Corrective fall from 0.9324 is still in progress. But we’d expect strong support from 0.8891/9051 support zone to bring rebound. On the upside, break of 0.9157 will turn bias back to the upside for 0.9324…

Daily Pivots: (S1) 0.9117; (P) 0.9140; (R1) 0.9167; More… EUR/GBP’s corrective fall from 0.9324 might extend lower to 55 day EMA (now at 0.9038). But strong support should be seen in 0.8891/9051 support zone to bring rise resumption. On the upside, above 0.9194 minor resistance will turn bias back to the upside. Break of 0.9324…

Daily Pivots: (S1) 0.9087; (P) 0.9135; (R1) 0.9170; More… No change in EUR/GBP’s outlook as corrective fall from 0.9342 might extend to 55 day EMA (now at 0.9034). But strong support should be seen in 0.8891/9051 support zone to bring rise resumption. On the upside, above 0.9194 minor resistance will turn bias back to the…