Daily Pivots: (S1) 0.8564; (P) 0.8587; (R1) 0.8615; More…. EUR/GBP’s recovery from 0.8548 extends higher today but stays well below 0.8648 support turned resistance. intraday bias remains neutral and further decline is expected. On the downside, break of 0.8548 will target 0.8491 low first. Firm break there will resume larger down trend. In the bigger
EURGBP Outlook
Daily Pivots: (S1) 0.8552; (P) 0.8570; (R1) 0.8591; More…. EUR/GBP is still bounded in sideway consolidation despite brief dip to 0.8548. Intraday bias remains neutral at this point. IN case of another recovery, upside should be limited below 0.8648 support turned resistance to bring another decline. Below 0.8548 will target 0.8491 low first. Firm break
Daily Pivots: (S1) 0.8564; (P) 0.8577; (R1) 0.8589; More…. Intraday bias in EUR/GBP remains neutral as consolidation from 0.8552 is extending. IN case of another recovery, upside should be limited below 0.8648 support turned resistance to bring another decline. Below 0.8552 will target 0.8491 low first. Firm break there will resume larger down trend. In
EUR/GBP’s edged lower to 0.8552 last week turned sideway since then. Initial bias remains neutral this week for consolidations first. Upside of recovery should be limited below 0.8648 support turned resistance to bring another decline. Below 0.8552 will target 0.8491 low first. Firm break there will resume larger down trend. In the bigger picture, current
Daily Pivots: (S1) 0.8556; (P) 0.8570; (R1) 0.8585; More…. Intraday bias in EUR/GBP is turned neutral as a temporary low is formed at 0.8552. Some consolidations could be seen and stronger recovery cannot be ruled out. But upside should be limited by 0.8648 support turned resistance to bring another fall. Below 0.8552 will target 0.8491
Daily Pivots: (S1) 0.8556; (P) 0.8568; (R1) 0.8582; More…. Intraday bias in EUR/GBP stays on the downside with 0.8587 minor resistance intact, despite loss of downside momentum. Current fall from 0.8764 should target a retest on 0.8491 low. Firm break there will resume larger down trend. On the upside, above 0.8587 minor resistance will turn
Daily Pivots: (S1) 0.8563; (P) 0.8575; (R1) 0.8586; More…. Despite some loss of downside momentum, there is no sign of bottoming yet. Intraday bias stays on the downside. Fall from 0.8764 should target a retest on 0.8491 low. Firm break there will resume larger down trend. On the upside, above 0.8587 minor resistance will turn