EURGBP Outlook

Intraday bias in EUR/GBP is turned neutral with current retreat. While another rise cannot be ruled out, strong resistance should be seen from 0.8610 support turned resistance to limit upside. On the downside, break of 0.8258 support will argue that the corrective rebound from 0.8453 has completed, and turn bias back to the downside for retesting this low.

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.

EUR/GBP's rebound from 0.8453 is still in progress. Intraday bias remains on the upside for 55 D EMA (now at 0.8586). Strong resistance should be seen from 0.8610 to limit upside. On the downside, below 0.8528 minor support will turn bias back to the downside for retesting 0.8453 low.

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.

Intraday bias in EUR/GBP remains mildly on the upside, as rebound from 0.8453 is in progress for (now at 0.8586). But strong resistance should be seen from 0.8610 to limit upside. On the downside, below 0.8528 minor support will turn bias back to the downside for retesting 0.8453 low.

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.