Each day Pivots: (S1) 0.8550; (P) 0.8567; (R1) 0.8576; Extra…
Intraday bias in EUR/GBP stays on the draw back at this level. Corrective rebound from 0.8497 ought to have accomplished at 0.8643, after rejection by pattern line resistance. Deeper fall can be seen to retest 0.8491/7 help zone. On the upside, above 0.8582 minor resistance will flip intraday bias impartial first.
Within the greater image, outlook stays bearish as EUR/GBP is capped beneath medium time period falling trendline. That’s, down pattern from 0.9267 (2022 excessive) continues to be in progress. Agency break of 0.8491/7 will goal 100% projection of 0.8764 to 0.8497 from 0.8643 at 0.8376.
