Daily Pivots: (S1) 0.8546; (P) 0.8571; (R1) 0.8612; More…

EUR/GBP’s break of 0.8561 minor resistance suggests that pull back from 0.8612 has completed. Intraday bias is back on the upside for 0.8612 first. Break there will resume whole rebound from 0.8448 to 0.8668 key structural resistance next. However, below 0.8499 will bring another fall towards 0.8448 low.

In the bigger picture, price actions from 0.9499 (2020 high) are still seen as developing into a corrective pattern. Deeper fall could be seen as long as 0.8668 resistance holds, towards long term support at 0.8276. However, firm break of 0.8668 resistance would argue that a medium term bottom was already formed. Stronger rise would be seen to 0.8861 support turned resistance to confirm completion of the corrective pattern.

Daily Pivots: (S1) 0.8525; (P) 0.8539; (R1) 0.8555; More…

With 0.8561 minor resistance intact, fall from 0.8612 is still in favor to extend to retest 0.8448 low. Also, with 0.8668 resistance intact, larger fall from 0.9499 is probably still in progress, and break of 0.8448 will resume. On the upside, however, break of 0.8561 minor resistance will turn bias back to the upside for 0.8612 resistance.

In the bigger picture, price actions from 0.9499 (2020 high) are still seen as developing into a corrective pattern. Deeper fall could be seen as long as 0.8668 resistance holds, towards long term support at 0.8276. However, firm break of 0.8668 resistance would argue that a medium term bottom was already formed. Stronger rise would be seen to 0.8861 support turned resistance to confirm completion of the corrective pattern.

EUR/GBP edged lower last week and outlook is unchanged. Rebound from 0.8448 could have completed at 0.8612 already. Also, with 0.8668 resistance intact, larger fall from 0.9499 is probably still in progress. Deeper decline is in favor as long as 0.8561 minor resistance holds, for retesting 0.8448 low first. On the upside, however, break of 0.8561 minor resistance will turn bias back to the upside for 0.8612 resistance.

In the bigger picture, price actions from 0.9499 (2020 high) are still seen as developing into a corrective pattern. Deeper fall could be seen as long as 0.8668 resistance holds, towards long term support at 0.8276. However, firm break of 0.8668 resistance would argue that a medium term bottom was already formed. Stronger rise would be seen to 0.8861 support turned resistance to confirm completion of the corrective pattern.

In the long term picture, outlook will stay bullish as long as 0.8276 support holds. Break of 0.9499 is in favor at a later stage, to resume the up trend from 0.6935 (2015 low).

Daily Pivots: (S1) 0.8505; (P) 0.8527; (R1) 0.8552; More…

Intraday bias in EUR/GBP is back on the downside as fall from 0.8612 resumed. Deeper fall would be seen back to retest 0.8448 low. On the upside, however, break of 0.8561 minor resistance will turn bias back to the upside for 0.8612 resistance. Overall, with 0.8668 resistance intact, larger fall from 0.9499 is probably still in progress.

In the bigger picture, price actions from 0.9499 (2020 high) are still seen as developing into a corrective pattern. Deeper fall could be seen as long as 0.8668 resistance holds, towards long term support at 0.8276. However, firm break of 0.8668 resistance would argue that a medium term bottom was already formed. Stronger rise would be seen to 0.8861 support turned resistance to confirm completion of the corrective pattern.

Daily Pivots: (S1) 0.8522; (P) 0.8543; (R1) 0.8556; More…

Intraday bias in EUR/GBP remains neutral for the moment. As noted before, with 0.8668 resistance intact, larger fall from 0.9499 is probably still in progress. On the downside, break of 0.8509 will resume the fall from 0.8612 to retest 0.8448 low. On the upside, though, break of 0.8612 will resume the rise from 0.8448 to 0.8668 resistance.

In the bigger picture, price actions from 0.9499 (2020 high) are still seen as developing into a corrective pattern. Deeper fall could be seen as long as 0.8668 resistance holds, towards long term support at 0.8276. However, firm break of 0.8668 resistance would argue that a medium term bottom was already formed. Stronger rise would be seen to 0.8861 support turned resistance to confirm completion of the corrective pattern.

Daily Pivots: (S1) 0.8523; (P) 0.8537; (R1) 0.8564; More…

Intraday bias in EUR/GBP is turned neutral with current recovery. As noted before, with 0.8668 resistance intact, larger fall from 0.9499 is probably still in progress. On the downside, break of 0.8509 will resume the fall from 0.8612 to retest 0.8448 low. On the upside, though, break of 0.8612 will resume the rise from 0.8448 to 0.8668 resistance.

In the bigger picture, price actions from 0.9499 (2020 high) are still seen as developing into a corrective pattern. Deeper fall could be seen as long as 0.8668 resistance holds, towards long term support at 0.8276. However, firm break of 0.8668 resistance would argue that a medium term bottom was already formed. Stronger rise would be seen to 0.8861 support turned resistance to confirm completion of the corrective pattern.

Daily Pivots: (S1) 0.8516; (P) 0.8528; (R1) 0.8547; More…

No change in EUR/GBP’s outlook and intraday bias stays mildly on the downside. Rebound from 0.8448 could have completed at 0.8612 already. With 0.8668 resistance intact, larger fall from 0.9499 is probably still in progress. Deeper fall would be seen to retest 0.8448 low first. On the upside, though, break of 0.8612 will resume the rise from 0.8448 to 0.8668 resistance.

In the bigger picture, price actions from 0.9499 (2020 high) are still seen as developing into a corrective pattern. Deeper fall could be seen as long as 0.8668 resistance holds, towards long term support at 0.8276. However, firm break of 0.8668 resistance would argue that a medium term bottom was already formed. Stronger rise would be seen to 0.8861 support turned resistance to confirm completion of the corrective pattern.

Daily Pivots: (S1) 0.8523; (P) 0.8536; (R1) 0.8551; More…

Intraday bias in EUR/GBP remains mildly on the downside for the moment. Rebound from 0.8448 could have completed at 0.8612 already. With 0.8668 resistance intact, larger fall from 0.9499 is probably still in progress. Deeper fall would be seen to retest 0.8448 low first. On the upside, though, break of 0.8612 will resume the rise from 0.8448 to 0.8668 resistance.

In the bigger picture, price actions from 0.9499 (2020 high) are still seen as developing into a corrective pattern. Deeper fall could be seen as long as 0.8668 resistance holds, towards long term support at 0.8276. However, firm break of 0.8668 resistance would argue that a medium term bottom was already formed. Stronger rise would be seen to 0.8861 support turned resistance to confirm completion of the corrective pattern.

EUR/GBP edged higher to 0.8612 last week but dropped sharply since then. The development argues that rebound from 0.8448 has completed already. With 0.8668 resistance intact, larger fall from 0.9499 is probably still in progress. Initial bias stays mildly on the downside for retesting 0.8448 low first. On the upside, though, break of 0.8612 will resume the rise from 0.8448 to 0.8668 resistance.

In the bigger picture, price actions from 0.9499 (2020 high) are still seen as developing into a corrective pattern. Deeper fall could be seen as long as 0.8668 resistance holds, towards long term support at 0.8276. However, firm break of 0.8668 resistance would argue that a medium term bottom was already formed. Stronger rise would be seen to 0.8861 support turned resistance to confirm completion of the corrective pattern.

In the long term picture, outlook will stay bullish as long as 0.8276 support holds. Break of 0.9499 is in favor at a later stage, to resume the up trend from 0.6935 (2015 low).

Daily Pivots: (S1) 0.8571; (P) 0.8587; (R1) 0.8596; More…

Intraday bias in EUR/GBP remains mildly on the upside at this point. Rebound from 0.8448 could have completed at 0.8612 already. Also, with 0.8668 resistance defended, larger down trend is probably still in progress. Deeper fall would be seen to retest 0.8448 low first. On the upside, above 0.8612 will resume the rise form 0.8448 to 0.8668 resistance instead.

In the bigger picture, price actions from 0.9499 (2020 high) are still seen as developing into a corrective pattern. Deeper fall could be seen as long as 0.8668 resistance holds, towards long term support at 0.8276. However, firm break of 0.8668 resistance would argue that a medium term bottom was already formed. Stronger rise would be seen to 0.8861 support turned resistance to confirm completion of the corrective pattern.

Daily Pivots: (S1) 0.8571; (P) 0.8587; (R1) 0.8596; More…

EUR/GBP’s sharp decline and break of 0.8561 support argues that rebound from 0.8448 has completed already. Intraday bias is back on the downside for retesting 0.8448 low. Also, with 0.8668 resistance defended, larger down trend is probably still in progress, starting another leg through 0.8448 low. On the upside, above 0.8612 will resume the rise form 0.8448 to 0.8668 resistance instead.

In the bigger picture, price actions from 0.9499 (2020 high) are still seen as developing into a corrective pattern. Deeper fall could be seen as long as 0.8668 resistance holds, towards long term support at 0.8276. However, firm break of 0.8668 resistance would argue that a medium term bottom was already formed. Stronger rise would be seen to 0.8861 support turned resistance to confirm completion of the corrective pattern.

Daily Pivots: (S1) 0.8571; (P) 0.8587; (R1) 0.8596; More…

EUR/GBP continues to lose upside momentum as seen in 4 hour MACD. But further rise is still mildly in favor with 0.8561 minor support intact. Rebound from 0.8448 would target 0.8668 resistance. Firm break there will be a strong sign of near term bullish reversal at least. Next target is 0.8718 resistance. On the downside, break of 0.8561 support, however, would argue that the rebound has completed, and turn bias back to the downside for retesting 0.8448 low.

In the bigger picture, price actions from 0.9499 (2020 high) are still seen as developing into a corrective pattern. Deeper fall could be seen as long as 0.8668 resistance holds, towards long term support at 0.8276. However, firm break of 0.8668 resistance would argue that a medium term bottom was already formed. Stronger rise would be seen to 0.8861 support turned resistance to confirm completion of the corrective pattern.

Daily Pivots: (S1) 0.8573; (P) 0.8594; (R1) 0.8611; More…

Intraday bias in EUR/GBP remains mildly on the upside. Rise from 0.8448 would target 0.8668 resistance. Firm break there will be a strong sign of near term bullish reversal at least. Next target is 0.8718 resistance. On the downside, break of 0.8561 support, however, would argue that the rebound has completed, and turn bias back to the downside for retesting 0.8448 low.

In the bigger picture, price actions from 0.9499 (2020 high) are still seen as developing into a corrective pattern. Deeper fall could be seen as long as 0.8668 resistance holds, towards long term support at 0.8276. However, firm break of 0.8668 resistance would argue that a medium term bottom was already formed. Stronger rise would be seen to 0.8861 support turned resistance to confirm completion of the corrective pattern.

Daily Pivots: (S1) 0.8568; (P) 0.8577; (R1) 0.8587; More…

EUR/GBP’s break of 0.8601 resistance suggest resumption of rise from 0.8448. Intraday bias is back on the upside for 0.8668 resistance first. Firm break there will be a strong sign of near term bullish reversal at least. Next target is 0.8718 resistance. On the downside, break of 0.8561 support, however, would argue that the rebound has completed, and turn bias back to the downside for retesting 0.8448 low.

In the bigger picture, price actions from 0.9499 (2020 high) are still seen as developing into a corrective pattern. Deeper fall could be seen as long as 0.8668 resistance holds, towards long term support at 0.8276. However, firm break of 0.8668 resistance would argue that a medium term bottom was already formed. Stronger rise would be seen to 0.8861 support turned resistance to confirm completion of the corrective pattern.

Daily Pivots: (S1) 0.8568; (P) 0.8577; (R1) 0.8587; More…

EUR/GBP is staying in consolidation form 0.8601 temporary top and intraday bias remains neutral. Another rise is in favor with 0.8541 minor support intact. On the upside, above 0.8601 will resume the rebound from 0.8558 to 0.8668 resistance. Firm break there will be a strong sign of near term bullish reversal at least. On the downside, however, break of 0.8541 support will turn bias back to the downside for retesting 0.8448 low instead.

In the bigger picture, price actions from 0.9499 (2020 high) are still seen as developing into a corrective pattern. Deeper fall could be seen as long as 0.8668 resistance holds, towards long term support at 0.8276. However, firm break of 0.8668 resistance would argue that a medium term bottom was already formed. Stronger rise would be seen to 0.8861 support turned resistance to confirm completion of the corrective pattern.

Daily Pivots: (S1) 0.8557; (P) 0.8576; (R1) 0.8590; More…

Intraday bias in EUR/GBP remains neutral first and another rise is in favor with 0.8541 minor support intact. On the upside, above 0.8601 will resume the rebound from 0.8558 to 0.8668 resistance. Firm break there will be a strong sign of near term bullish reversal at least. On the downside, however, break of 0.8541 support will turn bias back to the downside for retesting 0.8448 low instead.

In the bigger picture, price actions from 0.9499 (2020 high) are still seen as developing into a corrective pattern. Deeper fall could be seen as long as 0.8668 resistance holds, towards long term support at 0.8276. However, firm break of 0.8668 resistance would argue that a medium term bottom was already formed. Stronger rise would be seen to 0.8861 support turned resistance to confirm completion of the corrective pattern.

EUR/GBP edged higher to 0.8601 last week but quickly lost momentum again. Initial bias is neutral this week first. Another rise is in favor as long as 0.8541 support holds. On the upside, above 0.8601 will resume the rebound from 0.8558 to 0.8668 resistance. Firm break there will be a strong sign of near term bullish reversal at least. On the downside, however, break of 0.8541 support will turn bias back to the downside for retesting 0.8448 low instead.

In the bigger picture, price actions from 0.9499 (2020 high) are still seen as developing into a corrective pattern. Deeper fall could be seen as long as 0.8668 resistance holds, towards long term support at 0.8276. However, firm break of 0.8668 resistance would argue that a medium term bottom was already formed. Stronger rise would be seen to 0.8861 support turned resistance to confirm completion of the corrective pattern.

In the long term picture, outlook will stay bullish as long as 0.8276 support holds. Break of 0.9499 is in favor at a later stage, to resume the up trend from 0.6935 (2015 low).

Daily Pivots: (S1) 0.8573; (P) 0.8587; (R1) 0.8597; More…

No change in EUR/GBP’s outlook as further rise still in favor with 0.8541 support intact. Rise form 0.8448 would target 0.8668 resistance. Decisive break there will be a strong sign of near term bullish reversal at least. Further rally would be seen to 0.8861 support turned resistance. On the downside, however, break of 0.8534 will turn bias back to the downside for retesting 0.8448 low instead.

In the bigger picture, price actions from 0.9499 (2020 high) are still seen as developing into a corrective pattern. Deeper fall could be seen as long as 0.8668 resistance holds, towards long term support at 0.8276. However, firm break of 0.8668 resistance would argue that a medium term bottom was already formed. Stronger rise would be seen to 0.8861 support turned resistance to confirm completion of the corrective pattern.

Daily Pivots: (S1) 0.8581; (P) 0.8592; (R1) 0.8610; More…

With 0.8541 support intact, EUR/GBP’s rise from 0.8448 is in progress for 0.8668 resistance. Decisive break there will be a strong sign of near term bullish reversal at least. Further rally would be seen to 0.8861 support turned resistance. On the downside, however, break of 0.8534 will turn bias back to the downside for retesting 0.8448 low instead.

In the bigger picture, price actions from 0.9499 (2020 high) are still seen as developing into a corrective pattern. Deeper fall could be seen as long as 0.8668 resistance holds, towards long term support at 0.8276. However, firm break of 0.8668 resistance would argue that a medium term bottom was already formed. Stronger rise would be seen to 0.8861 support turned resistance to confirm completion of the corrective pattern.

Daily Pivots: (S1) 0.8568; (P) 0.8584; (R1) 0.8601; More…

EUR/GBP’s rebound from 0.8448 is in favor to continue as long as 0.8534 support holds, for 0.8668 resistance. . Firm break there will be a strong sign of near term bullish reversal at least. On the downside, however, break of 0.8534 will turn bias back to the downside for retesting 0.8448 low instead.

In the bigger picture, price actions from 0.9499 (2020 high) are still seen as developing into a corrective pattern. Deeper fall could be seen as long as 0.8668 resistance holds, towards long term support at 0.8276. However, firm break of 0.8668 resistance would argue that a medium term bottom was already formed. Stronger rise would be seen to 0.8861 support turned resistance to confirm completion of the corrective pattern.