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...
EURGBP Outlook

EUR/GBP is staying in consolidation below 0.8786 and intraday bias remains neutral first. We'd continue to expect strong support from 38.2% retracement of 0.8402 to 0.8786 at 0.8639 to contain downsid...
EURGBP Outlook

Intraday bias in EUR/GBP remains neutral as consolidation from 0.8786 continues. Deeper retreat cannot be ruled out. But downside should be contained by 38.2% retracement of 0.8402 to 0.8786 at 38.2%...
EURGBP Outlook

EUR/GBP is still bounded in consolidation below 0.8786 and intraday bias remains neutral for the moment. Another fall could be seen as the consolidation extends. But downside should be contained by 3...
EURGBP Outlook

A temporary top is formed at 0.8786 in EUR/GBP with 4 hours MACD staying below signal line. Intraday bias is turned neutral for consolidations. Deeper retreat might be seen but downside should be cont...
EURGBP Outlook

EUR/GBP retreats sharply today but stays above 0.8704 minor support so far. Intraday bias remains on the upside for the moment. Rise form 0.8402 is expected to target 0.8851 resistance and above. None...
EURGBP Outlook

EUR/GBP's rise from 0.8402 extended last week and reached as high as 0.8782. Outlook is unchanged that rise from 0.8420 is the third leg of corrective pattern from 0.8303. Initial bias stays on the up...