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EURGBP Outlook

A temporary top is in place at 0.8764 as EUR/GBP lost momentum. Intraday bias is turned neutral first but another rise is expected as long as 0.8449 holds. Rise from 0.8303 is seen as the second leg o...
EURGBP Outlook

EUR/GBP's break of 0.8666 confirms resumption of rebound form 0.8303. And the break of 38.2% retracement of 0.9304 to 0.8303 at 0.8685 revived the case of near term reversal. That is, corrective fall...
EURGBP Outlook

EUR/GBP rises strongly today but stays below 0.8666 resistance. Intraday bias remains neutral first. On the upside, sustained break of 38.2% retracement of 0.9304 to 0.8303 at 0.8685 will revive the c...
EURGBP Outlook

EUR/GBP dipped to 0.8449 last week but recovered since then. Initial bias is neutral this week first. Overall, the cross is bounded in a corrective pattern that started at 0.8303. Below 0.8449 will tu...
EURGBP Outlook

Intraday bias in EUR/GBP remains neutral for the moment. On the downside, below 0.8449 will target 0.8303 and break will resume the whole fall from 0.9304. In that case, we'd look for bottoming again ...
EURGBP Outlook

EUR/GBP recovered after dipping to 0.8449 and intraday bias is turned neutral again. Below 0.8449 will target 0.8303 and break will resume the whole fall from 0.9304. In that case, we'd look for botto...
EURGBP Outlook

The break of 0.8488 minor support suggests that recovery from 0.8303 is completed at 0.8666, ahead of 38.2% retracement of 0.9304 to 0.8303 at 0.8685. Intraday bias is turned back to the downside for ...
EURGBP Outlook

EUR/GBP failed to take out 38.2% retracement of 0.9304 to 0.8303 at 0.8685 and retreated. Intraday bias is turned neutral first. Break of 0.8488 minor support will argue that the recovery from 0.8303...