EURGBP Outlook

Intraday bias in EUR/GBP remains neutral for the moment. Overall, price actions from 0.8303 are forming a corrective pattern, as the second leg of the correction from 0.9304. Below 0.8604 will turn ...
EURGBP Outlook

EUR/GBP rebounded to as high as 0.8734 earlier today but quickly reversed. The development mixed up the near term outlook a bit and turns intraday bias neutral first. Still, price actions from 0.8303...
EURGBP Outlook

The strong rebound from 0.8604 and break of 0.8699 minor resistance suggests that pull back from 0.8786 is completed. Intraday bias is turned back to the upside for 0.8786 first. Break will extend the...
EURGBP Outlook

Intraday bias in EUR/GBP remains neutral for the moment. With 0.8699 minor resistance intact, deeper decline is mildly in favor. Below 0.8604 will target 61.8% of 0.8402 to 0.8786 at 0.8549 and po...
EURGBP Outlook

Intraday bias in EUR/GBP remains neutral for the moment. With 0.8699 minor resistance intact, deeper decline is mildly in favor. Below 0.8604 will target 61.8% of 0.8402 to 0.8786 at 0.8549 and pos...
EURGBP Outlook

EUR/GBP's corrective fall extended to as low as 0.8604 last week and took out 38.2% retracement of 0.8402 to 0.8786 at 0.8639. The decline was deeper than expected but the cross quickly recovered afte...
EURGBP Outlook

EUR/GBP's fall extended to as low as 0.8604 so far. The solid break of 38.2% retracement of 0.8402 to 0.8786 at 0.8639 will now pave the way to 61.8% retracement 0.8549 and possibly below. On the upsi...
EURGBP Outlook

EUR/GBP's pull back from 0.8786 extends lower today and breached 38.2% retracement of 0.8402 to 0.8786 at 0.8639. There is no sign of bottoming yet. Sustained trading below 0.8639 will target 61.8% r...
EURGBP Outlook

EUR/GBP's correction from 0.8786 is still in progress and intraday bias remains neutral. In case of another fall, we'd expect support from 38.2% retracement of 0.8402 to 0.8786 at 0.8639 to contain d...
EURGBP Outlook

Consolidation from 0.8786 is still in progress and intraday bias stays neutral in EUR/GBP further. In case of another fall, we'd expect support from 38.2% retracement of 0.8402 to 0.8786 at 0.8639 to ...
EURGBP Outlook

Intraday bias in EUR/GBP remains neutral as consolidation from 0.8786 continues. Deeper fall might be seen but we'd expect support from 38.2% retracement of 0.8402 to 0.8786 at 0.8639 to contain downs...
EURGBP Outlook

EUR/GBP edged higher to 0.8786 last week but pulled back since then. Downside is contained above 38.2% retracement of 0.8402 to 0.8786 at 0.8639 so far and outlook is unchanged. We're treating rise fr...