Intraday bias in EUR/GBP remains on the downside for the moment. Fall from 0.8611 might be resuming the down trend from 0.8863 high. Deeper decline should be seen to retest 0.8453 low first. On the upside, above 0.8551 will turn intraday bias neutral again.
In the bigger picture, rise from 0.8221 (2024 low) should have completed at 0.8863, just ahead of 38.2% retracement of 0.9267 (2025 high) to 0.8221 at 0.8867. Deeper fall would be seen back to 0.8221. For now, outlook will be neutral at best as long as 0.8610 support turned resistance hold. However, sustained break of 0.8610 will argue that fall from 0.8863 might have completed as a correction, instead of reversal.






