Daily Pivots: (S1) 0.8385; (P) 0.8408; (R1) 0.8431; More…

EUR/GBP is still bounded in consolidation from 0.8381 and intraday bias remains neutral first. In case of another recovery, upside should be limited by 4 hour 55 EMA (now at 0.8434). On the downside, break of 0.8381 will resume larger down trend from 0.9499. Intraday bias will be back to the downside for 0.8276 key long term support.

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 0.8593 resistance holds, towards long term support at 0.8276. We’d look for bottoming signal around there to bring reversal. However, sustained break of 0.8276 will but a sign of long term bearish reversal.

Daily Pivots: (S1) 0.8379; (P) 0.8391; (R1) 0.8401; More…

Intraday bias in EUR/GBP stays neutral and consolidation form 0.8381 temporary could extend. In case of another recovery, upside should be limited by 4 hour 55 EMA (now at 0.8440). On the downside, break of 0.8381 will resume larger down trend from 0.9499. Intraday bias will be back to the downside for 0.8276 key long term support.

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 0.8593 resistance holds, towards long term support at 0.8276. We’d look for bottoming signal around there to bring reversal. However, sustained break of 0.8276 will but a sign of long term bearish reversal.

Daily Pivots: (S1) 0.8376; (P) 0.8402; (R1) 0.8417; More…

Intraday bias in EUR/GBP remains neutral first and consolidation from 0.8381 temporary low could extend. In case of another recovery, upside should be limited by 4 hour 55 EMA (now at 0.8452). On the downside, break of 0.8381 will resume larger down trend from 0.9499. Intraday bias will be back to the downside for 0.8276 key long term support.

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 0.8593 resistance holds, towards long term support at 0.8276. We’d look for bottoming signal around there to bring reversal. However, sustained break of 0.8276 will but a sign of long term bearish reversal.

EUR/GBP’s down trend from 0.9499 resumed by breaking through 0.8401 last week. But as a temporary low was formed at 0.8381, initial bias is neutral this week first. In case of another recovery, upside should be limited well below 0.8593 resistance. break of 0.8381 will turn bias back to the downside and target 0.8276 key long term support.

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 0.8593 resistance holds, towards long term support at 0.8276. We’d look for bottoming signal around there to bring reversal. However, sustained break of 0.8276 will but a sign of long term bearish reversal.

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). However, sustained break of 0.8276 will indicate long term trend reversal, and target 61.8% retracement of 0.6935 to 0.9499 at 0.7917, and possibly below.

Daily Pivots: (S1) 0.8397; (P) 0.8412; (R1) 0.8440; More…

Intraday bias in EUR/GBP is turned neutral as a temporary low is formed at 0.8381. Some consolidations could be seen, but outlook will stay bearish as long as 0.8593 resistance holds. On the downside, break of 0.8381 will resume larger down trend from 0.9499 to 0.8276 long term support next.

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 0.8656 resistance holds, towards long term support at 0.8276. However, firm break of 0.8656 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) 0.8372; (P) 0.8404; (R1) 0.8423; More…

Intraday bias in EUR/GBP remains on the downside at this point. The current down trend from 0.9499 would target 0.8276 long term support next. On the upside, above 0.8433 minor resistance will turn intraday bias neutral for recovery first. But outlook will stay bearish as long as 0.8593 resistance holds.

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 0.8656 resistance holds, towards long term support at 0.8276. However, firm break of 0.8656 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) 0.8410; (P) 0.8447; (R1) 0.8466; More…

EUR/GBP’s break of 0.8401 support indicates resumption of larger down trend from 0.9499. Intraday bias stays on the downside. Deeper fall would now be seen towards 0.8276 long term support next. On the upside, however, break of 0.8460 minor resistance will delay the bearish case and turn intraday bias neutral first.

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 0.8656 resistance holds, towards long term support at 0.8276. However, firm break of 0.8656 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) 0.8410; (P) 0.8447; (R1) 0.8466; More…

Intraday bias in EUR/GBP stays on the downside for retesting 0.8401 low. Decisive break there will resume larger down trend from 0.9499, and target 0.8276 long term support next. On the upside, though, break of 0.8477 minor resistance will delay the bearish case and turn intraday bias neutral first.

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 0.8656 resistance holds, towards long term support at 0.8276. However, firm break of 0.8656 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) 0.8542; (R1) 0.8558; More…

EUR/GBP’s fall from 0.8593 accelerates lower today and break of 0.8459 suggests that rebound from 0.8401 has completed. Intraday bias is back on the downside for retesting 0.8401. Also, larger down trend is likely still in progress. Break of 0.8401 will extend the fall form 0.9499 to 0.8276 long term support.

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 0.8656 resistance holds, towards long term support at 0.8276. However, firm break of 0.8656 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) 0.8542; (R1) 0.8558; More…

Intraday bias in EUR/GBP remains neutral for the moment. On the upside, above 0.8593 will resume the rise from 0.8401 short term bottom to 0.8656 key resistance. Firm break there will argue that whole down trend from 0.9499 has completed. On the downside, however, break of 0.8459 minor support will bring retest of 0.8401 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 0.8656 resistance holds, towards long term support at 0.8276. However, firm break of 0.8656 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 stayed in consolidation below 0.8593 temporary top last week. Outlook is unchanged and initial bias is neutral this week first. Above 0.8593 will resume the rise from 0.8401 short term bottom to 0.8656 key resistance. Firm break there will argue that whole down trend from 0.9499 has completed. On the downside, however, break of 0.8459 minor support will bring retest of 0.8401 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 0.8656 resistance holds, towards long term support at 0.8276. However, firm break of 0.8656 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) 0.8547; (P) 0.8561; (R1) 0.8578; More…

Intraday bias in EUR/GBP remains neutral at this point. On the upside, above 0.8593 will target 0.8656 resistance. Firm break there will argue that whole down trend from 0.9499 has completed. Stronger rise would be seen to 38.2% retracement of 0.9499 to 0.8401 at 0.8820. On the downside, break of 0.8459 minor support will bring retest of 0.8401 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 0.8656 resistance holds, towards long term support at 0.8276. However, firm break of 0.8656 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) 0.8542; (P) 0.8553; (R1) 0.8575; More…

Intraday bias in EUR/GBP remains neutral and outlook is unchanged. On the upside, above 0.8593 will target 0.8656 resistance. Firm break there will argue that whole down trend from 0.9499 has completed. Stronger rise would be seen to 38.2% retracement of 0.9499 to 0.8401 at 0.8820. On the downside, break of 0.8459 minor support will bring retest of 0.8401 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 0.8656 resistance holds, towards long term support at 0.8276. However, firm break of 0.8656 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) 0.8528; (P) 0.8544; (R1) 0.8568; More…

Intraday bias in EUR/GBP remains neutral for the moment. On the upside, above 0.8593 will target 0.8656 resistance. Firm break there will argue that whole down trend from 0.9499 has completed. Stronger rise would be seen to 38.2% retracement of 0.9499 to 0.8401 at 0.8820. On the downside, break of 0.8459 minor support will bring retest of 0.8401 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 0.8656 resistance holds, towards long term support at 0.8276. However, firm break of 0.8656 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) 0.8556; (R1) 0.8575; More…

Intraday bias in EUR/GBP is turned neutral with current retreat. On the upside, above 0.8593 will target 0.8656 resistance. Firm break there will argue that whole down trend from 0.9499 has completed. Stronger rise would be seen to 38.2% retracement of 0.9499 to 0.8401 at 0.8820. On the downside, break of 0.8459 minor support will bring retest of 0.8401 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 0.8656 resistance holds, towards long term support at 0.8276. However, firm break of 0.8656 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) 0.8548; (P) 0.8571; (R1) 0.8594; More…

Intraday bias in EUR/GBP stays on the upside as rebound from 0.8401 is in progress for 0.8656 resistance. Firm break there will argue that whole down trend from 0.9499 has completed. Stronger rise would be seen to 38.2% retracement of 0.9499 to 0.8401 at 0.8820. On the downside, break of 0.8459 minor support will bring retest of 0.8401 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 0.8656 resistance holds, towards long term support at 0.8276. However, firm break of 0.8656 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 rebounded strongly last week and the development suggests short term bottoming at 0.8401. Initial bias stays on the upside this week for 0.8656 resistance. Firm break there will argue that whole down trend from 0.9499 has completed. Stronger rise would be seen to 38.2% retracement of 0.9499 to 0.8401 at 0.8820. On the downside, break of 0.8459 minor support will bring retest of 0.8401 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 0.8656 resistance holds, towards long term support at 0.8276. However, firm break of 0.8656 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) 0.8493; (P) 0.8529; (R1) 0.8595; More…

Intraday bias in EUR/GBP remains on the upside at this point. Rebound from 0.8401 would target a test on 0.8656 resistance. Firm break there will carry larger bullish implications. However, on the downside, break of 0.8459 minor support will bring retest of 0.8401 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 0.8656 resistance holds, towards long term support at 0.8276. However, firm break of 0.8656 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) 0.8467; (P) 0.8490; (R1) 0.8507; More…

EUR/GBP’s rebound from 0.8401 resumed after brief consolidation and intraday bias is back on the upside. Current rise would now target 0.8656 resistance. Decisive break there will carry larger bullish implication. On the downside, though, break of 0.8459 minor support will bring retest of 0.8401 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 0.8656 resistance holds, towards long term support at 0.8276. However, firm break of 0.8656 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) 0.8467; (P) 0.8490; (R1) 0.8507; More…

Intraday bias in EUR/GBP is turned neutral as rebound from 0.8401 lost momentum. On the upside, break of 0.8512 will resume the rebound to 0.8656 resistance. Rejection by 55 day EMA (now at 0.8506) will retain near term bearishness. Further break of 0.8401 low will resume larger down trend from 0.9499 to 0.8276 key long term support next.

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 0.8656 resistance holds, towards long term support at 0.8276. However, firm break of 0.8656 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.