Daily Pivots: (S1) 0.9153; (P) 0.9187; (R1) 0.9229; More…

EUR/GBP is staying in consolidation from 0.9291 and intraday bias remains neutral. Further rise is expected with 0.9067 support intact. On the upside, break of 0.9291 will resume whole rally from 0.8670. Intraday bias will be turned to the upside for 100% projection of 0.8670 to 0.9175 from 0.8866 at 0.9371. However, sustained break of 0.9067 will dampen this bullish view and turn bias to the downside for 0.8866 support instead.

In the bigger picture, at this point, we’re still seeing the fall from 0.9499 as developing into a corrective pattern. That is, up trend form 0.6935 (2015 low) would resume at a later stage. This will remain the favored case as long as 0.8276 support holds. Decisive break of 0.9499 will target 0.9799 (2008 high).

Daily Pivots: (S1) 0.9156; (P) 0.9177; (R1) 0.9206; More…

Intraday bias in EUR/GBP remains neutral first. Further rise is expected with 0.9067 support intact. On the upside, break of 0.9291 will resume whole rally from 0.8670. Intraday bias will be turned to the upside for 100% projection of 0.8670 to 0.9175 from 0.8866 at 0.9371. However, sustained break of 0.9067 will dampen this bullish view and turn bias to the downside for 0.8866 support instead.

In the bigger picture, at this point, we’re still seeing the fall from 0.9499 as developing into a corrective pattern. That is, up trend form 0.6935 (2015 low) would resume at a later stage. This will remain the favored case as long as 0.8276 support holds. Decisive break of 0.9499 will target 0.9799 (2008 high).

Daily Pivots: (S1) 0.9126; (P) 0.9152; (R1) 0.9189; More…

Intraday bias in EUR/GBP remains neutral at his point and further rise is expected with 0.9067 support intact. On the upside, break of 0.9291 will resume whole rally from 0.8670. Intraday bias will be turned to the upside for 100% projection of 0.8670 to 0.9175 from 0.8866 at 0.9371. However, sustained break of 0.9067 will dampen this bullish view and turn bias to the downside for 0.8866 support instead.

In the bigger picture, at this point, we’re still seeing the fall from 0.9499 as developing into a corrective pattern. That is, up trend form 0.6935 (2015 low) would resume at a later stage. This will remain the favored case as long as 0.8276 support holds. Decisive break of 0.9499 will target 0.9799 (2008 high).

EUR/GBP’s retreat from 0.9291 extended lower last week but outlook is unchanged. Initial bias remains neutral this week first and further rise is expected as long as 0.9067 minor support holds. On the upside, break of 0.9291 will resume whole rally from 0.8670. Intraday bias will be turned to the upside for 100% projection of 0.8670 to 0.9175 from 0.8866 at 0.9371. However, sustained break of 0.9067 will dampen this bullish view and turn bias to the downside for 0.8866 support instead.

In the bigger picture, at this point, we’re still seeing the fall from 0.9499 as developing into a corrective pattern. That is, up trend form 0.6935 (2015 low) would resume at a later stage. This will remain the favored case as long as 0.8276 support holds. Decisive break of 0.9499 will target 0.9799 (2008 high).

In the long term picture, rise from 0.6935 (2015 low) is still in progress. It could be resuming long term up trend from 0.5680 (2000 low). Break of 0.9799 (2008 high) is expected down the road, as long as 0.8276 support holds.

Daily Pivots: (S1) 0.9087; (P) 0.9129; (R1) 0.9174; More…

Intraday bias in EUR/GBP remains neutral and outlook is unchanged. Price actions from 0.9291 are seen as consolidations only and further rise is in favor. On the upside, break of 0.9291 will resume the whole rise from 0.8670. Next target is 100% projection of 0.8670 to 0.9175 from 0.8866 at 0.9371 next. However, sustained break of 0.9067 will dampen this bullish view and turn bias to the downside for 0.8866 support instead.

In the bigger picture, at this point, we’re still seeing the fall from 0.9499 as developing into a corrective pattern. That is, up trend form 0.6935 (2015 low) would resume at a later stage. This will remain the favored case as long as 0.8276 support holds. Decisive break of 0.9499 will target 0.9799 (2008 high).

Daily Pivots: (S1) 0.9069; (P) 0.9138; (R1) 0.9181; More…

EUR/GBP’s pull back from 0.9291 extended lower but it’s staying above 0.9067 support so far. Intraday bias remains neutral first and further rise is still in favor. On the upside, break of 0.9291 will resume the whole rise from 0.8670. Next target is 100% projection of 0.8670 to 0.9175 from 0.8866 at 0.9371 next. However, sustained break of 0.9067 will dampen this bullish view and turn bias to the downside for 0.8866 support instead.

In the bigger picture, at this point, we’re still seeing the fall from 0.9499 as developing into a corrective pattern. That is, up trend form 0.6935 (2015 low) would resume at a later stage. This will remain the favored case as long as 0.8276 support holds. Decisive break of 0.9499 will target 0.9799 (2008 high).

Daily Pivots: (S1) 0.9164; (P) 0.9211; (R1) 0.9239; More…

EUR/GBP is staying in consolidation below 0.9291 and intraday bias remains neutral first. Downside of retreat should be contained well above 0.9067 minor support to bring another rally. On the upside, break of 0.9291 will resume the whole rise from 0.8670. Next target is 100% projection of 0.8670 to 0.9175 from 0.8866 at 0.9371 first.

In the bigger picture, at this point, we’re still seeing the fall from 0.9499 as developing into a corrective pattern. That is, up trend form 0.6935 (2015 low) would resume at a later stage. This will remain the favored case as long as 0.8276 support holds. Decisive break of 0.9499 will target 0.9799 (2008 high).

Daily Pivots: (S1) 0.9203; (P) 0.9235; (R1) 0.9269; More…

Intraday bias in EUR/GBP remains neutral for consolidation below 0.9291 temporary top. In case of deeper retreat, downside should be contained above 0.9067 minor support to bring another rally. On the upside, break of 0.9291 will resume the whole rise from 0.8670. Next target is 100% projection of 0.8670 to 0.9175 from 0.8866 at 0.9371 first.

In the bigger picture, at this point, we’re still seeing the fall from 0.9499 as developing into a corrective pattern. That is, up trend form 0.6935 (2015 low) would resume at a later stage. This will remain the favored case as long as 0.8276 support holds. Decisive break of 0.9499 will target 0.9799 (2008 high).

Daily Pivots: (S1) 0.9214; (P) 0.9253; (R1) 0.9296; More…

EUR/GBP lost upside momentum after hitting 0.9291 and intraday bias is turned neutral for some consolidations. Downside should be contained above 0.9067 minor support to bring another rally. On the upside, break of 0.9291 will resume the whole rise from 0.8670. Next target is 100% projection of 0.8670 to 0.9175 from 0.8866 at 0.9371 first.

In the bigger picture, at this point, we’re still seeing the fall from 0.9499 as developing into a corrective pattern. That is, up trend form 0.6935 (2015 low) would resume at a later stage. This will remain the favored case as long as 0.8276 support holds. Decisive break of 0.9499 will target 0.9799 (2008 high).

EUR/GBP surged to as high as 0.9291 last week. The firm break of 0.9175 confirmed resumption of whole rise from 0.8670. Initial bias remains on the upside this week for 100% projection of 0.8670 to 0.9175 from 0.8866 at 0.9371 first. Break will target 0.9499 high next. On the downside, below 0.9210 minor support will turn intraday bias neutral and bring consolidations first, before staging another rally.

In the bigger picture, at this point, we’s still seeing the fall from 0.9499 as developing into a corrective pattern. That is, up trend form 0.6935 (2015 low) would resume at a later stage. This will remain the favored case as long as 0.8276 support holds. Decisive break of 0.9499 will target 0.9799 (2008 high).

In the long term picture, rise from 0.6935 (2015 low) is still in progress. It could be resuming long term up trend from 0.5680 (2000 low). Break of 0.9799 (2008 high) is expected down the road, as long as 0.8276 support holds.

Daily Pivots: (S1) 0.9106; (P) 0.9188; (R1) 0.9302; More…

Intraday bias in EUR/GBP remains on the upside for 100% projection of 0.8670 to 0.9175 from 0.8866 at 0.9371. On the downside,below 0.9130 minor support will turn intraday bias neutral and bring consolidations first, before staging another rally.

In the bigger picture, at this point, we’re still seeing the fall from 0.9499 as developing into a corrective pattern. That is, up trend form 0.6935 (2015 low) would resume at a later stage. This will remain the favored case as long as 0.8276 support holds.

Daily Pivots: (S1) 0.9054; (P) 0.9092; (R1) 0.9119; More…

EUR/GBP surges to as high as 0.9209 so far. The break of 0.9175 resistance confirms resumption of whole rise form 0.8670. Intraday bias remains on the upside for 100% projection of 0.8670 to 0.9175 from 0.8866 at 0.9371. On the downside,below 0.9130 minor support will turn intraday bias neutral and bring consolidations first, before staging another rally.

In the bigger picture, at this point, we’re still seeing the fall from 0.9499 as developing into a corrective pattern. That is, up trend form 0.6935 (2015 low) would resume at a later stage. This will remain the favored case as long as 0.8276 support holds.

Daily Pivots: (S1) 0.9054; (P) 0.9092; (R1) 0.9119; More…

Intraday bias in EUR/GBP remain son the upside at this point. Decisive break of 0.9175 will resume whole choppy rise from 0.8670. Next target will be 100% projection of 0.8670 to 0.9175 from 0.8866 at 0.9371. On the downside, below 0.9034 minor support will turn intraday bias neutral first. But further rally will now be in favor as long as 0.8866 support holds.

In the bigger picture, at this point, we’re still seeing the fall from 0.9499 as developing into a corrective pattern. That is, up trend form 0.6935 (2015 low) would resume at a later stage. This will remain the favored case as long as 0.8276 support holds.

Daily Pivots: (S1) 0.9000; (P) 0.9036; (R1) 0.9106; More…

Intraday bias in EUR/GBP remains on the upside for 0.9148/9175 resistance zone. Choppy rise from 0.8670 might be resuming. Break of 0.9175 will target 100% projection of 0.8670 to 0.9175 from 0.8866 at 0.9371. On the downside, below 0.9034 minor support will turn intraday bias neutral first. But further rally will now be in favor as long as 0.8866 support holds.

In the bigger picture, at this point, we’re still seeing the fall from 0.9499 as developing into a corrective pattern. That is, up trend form 0.6935 (2015 low) would resume at a later stage. This will remain the favored case as long as 0.8276 support holds.

Daily Pivots: (S1) 0.8936; (P) 0.8965; (R1) 0.9001; More…

Intraday bias in EUR/GBP remains on the upside at this point. The corrective decline from 0.9175 has possibly completed with three waves down to 0.8866, ahead of 0.8864 support. Rise form 0.8670 might be still in progress. Further rise should be seen to retesting 0.9148/9175 resistance zone. On the downside, break of 0.8866 will resume the fall from 0.9175 instead.

In the bigger picture, at this point, we’s still seeing the fall from 0.9499 as developing into a corrective pattern. That is, up trend form 0.6935 (2015 low) would resume at a later stage. This will remain the favored case as long as 0.8276 support holds.

Daily Pivots: (S1) 0.8894; (P) 0.8923; (R1) 0.8946; More…

EUR/GBP’s rebound from 0.8866 extends higher today. Break of 0.8974 firstly indicates short term bottoming at 0.8866, ahead of 0.8864. More importantly, corrective decline from 0.9175 has possibly completed with three waves down to 0.8866. Rise from 0.8670 might be still in progress. Intraday bias is turned back to the upside for 0.9148/9175 resistance zone. Nevertheless, break of 0.8866 will resume the fall from 0.9175.

In the bigger picture, at this point, we’s still seeing the fall from 0.9499 as developing into a corrective pattern. That is, up trend form 0.6935 (2015 low) would resume at a later stage. This will remain the favored case as long as 0.8276 support holds.

Daily Pivots: (S1) 0.8894; (P) 0.8923; (R1) 0.8946; More…

EUR/GBP recovers mildly today but stays below 0.8974 resistance. Intraday bias remains neutral first. On the downside, break of 0.8864 support should confirm completion of the choppy rebound from 0.8670 at 0.9175. Deeper fall should be seen to 0.8670 support. On the upside, however, break of 0.8974 will dampen this bearish case and turn bias back to the upside for rebound, back to 0.9148/9175 resistance zone.

In the bigger picture, at this point, we’s still seeing the fall from 0.9499 as developing into a corrective pattern. That is, up trend form 0.6935 (2015 low) would resume at a later stage. This will remain the favored case as long as 0.8276 support holds.

EUR/GBP dropped to 0.8866 last week but recovered just ahead of 0.8864 support. Initial bias remains neutral this week for some consolidations first. Further fall is expected as long as 0.8974 resistance holds. Firm break of 0.8864 should confirm completion of the choppy rebound from 0.8670 at 0.9175. Deeper fall should be seen to 0.8670 support. On the upside, however, break of 0.8974 will dampen this bearish case and turn bias back to the upside for rebound.

In the bigger picture, at this point, we’s still seeing the fall from 0.9499 as developing into a corrective pattern. That is, up trend form 0.6935 (2015 low) would resume at a later stage. This will remain the favored case as long as 0.8276 support holds.

In the long term picture, rise from 0.6935 (2015 low) is still in progress. It could be resuming long term up trend from 0.5680 (2000 low). Break of 0.9799 is expected down the road, as long as 0.8276 support holds.

Daily Pivots: (S1) 0.8883; (P) 0.8908; (R1) 0.8951; More…

Intraday bias in EUR/GBP is turned neutral as it recovers just ahead of 0.8864 near term support. Further fall is expected with 0.8974 resistance intact. Firm break of 0.8864 should confirm completion of whole rebound from 0.8670 at 0.9175. Deeper decline would then be seen to retest 0.8670 support. Nevertheless strong rebound from currently level, followed by break of 0.8974 resistance, will turn bias back to the upside for 0.9148/75 resistance zone instead.

In the bigger picture, at this point, we’s still seeing the fall from 0.9499 as developing into a corrective pattern. That is, up trend form 0.6935 (2015 low) would resume at a later stage. This will remain the favored case as long as 0.8276 support holds.

Daily Pivots: (S1) 0.8866; (P) 0.8887; (R1) 0.8900; More…

Intraday bias in EUR/USD remains on the downside with focus on 0.8864 support. Firm break there should confirm completion of whole rebound from 0.8670 at 0.9175. Deeper decline would then be seen to retest 0.8670 support. Nevertheless strong rebound from currently level, followed by break of 0.8974 resistance, will turn bias back to the upside for 0.9148/75 resistance zone instead.

In the bigger picture, at this point, we’s still seeing the fall from 0.9499 as developing into a corrective pattern. That is, up trend form 0.6935 (2015 low) would resume at a later stage. This will remain the favored case as long as 0.8276 support holds.