Daily Pivots: (S1) 0.8598; (P) 0.8609; (R1) 0.8623; More… Intraday bias in EUR/GBP remains neutral for the moment. Further decline is in favor with 0.8638 minor resistance intact. On the downside, break of 0.8585 will resume the fall from 0.8713 to 0.8548 support first. Break there will target 0.8491 low next. However, break of 0.8638
EURGBP Outlook
Daily Pivots: (S1) 0.8586; (P) 0.8597; (R1) 0.8612; More… Intraday bias in EUR/GBP is turned neutral with current recovery, but further decline is in favor with 0.8638 minor resistance intact. On the downside, break of 0.8585 will resume the fall from 0.8713 to 0.8548 support first. Break there will target 0.8491 low next. However, break
Daily Pivots: (S1) 0.8579; (P) 0.8600; (R1) 0.8611; More… EUR/GBP’s fall from 0.8713 is still in progress and intraday bias stays on the downside for retesting 0.8548 support. Firm break there will target 0.8491 low next. On the upside, above 0.8638 minor resistance will turn intraday bias neutral first. But risk will stay on the
Daily Pivots: (S1) 0.8590; (P) 0.8613; (R1) 0.8625; More… Intraday bias in EUR/GBP stays on the downside for the moment. Deeper decline should be seen to 0.8548 support first. Firm break there will target 0.8491 low next. On the upside, above 0.8638 minor resistance will turn intraday bias neutral first. But risk will stay on
EUR/GBP’s decline last week suggests that rebound from 0.8548 has completed at 0.8713 already. Initial bias stays mildly on the downside this week for 0.8548 support first. Firm break there will target 0.8491 low next. On the upside, above 0.8638 minor resistance will turn intraday bias neutral first. But risk will stay on the downside
Daily Pivots: (S1) 0.8615; (P) 0.8627; (R1) 0.8644; More… Intraday bias in EUR/GBP stays mildly on the downside for the moment. Rebound from 0.8548 should have completed, and deeper fall should be seen to retest this support first. Firm break there will target 0.8491 low. On the upside, however, above 0.8644 minor resistance will turn
Daily Pivots: (S1) 0.8602; (P) 0.8639; (R1) 0.8661; More… Intraday bias in EUR/GBP is back on the downside as fall from 0.8713 resumes. Rebound from 0.8548 should have completed, and deeper fall should be seen to retest this support first. Firm break there will target 0.8491 low. On the upside, however, above 0.8644 minor resistance