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.

Daily Pivots: (S1) 0.8491; (P) 0.8503; (R1) 0.8516; More…

Intraday bias in EUR/GBP remains mildly on the upside as rebound from 0.8401 short term bottom is in progress. Sustained trading above 55 day EMA (now at 0.8508) will bring further rise to retest 0.8656 resistance. On the downside, break of 0.8401 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.

Daily Pivots: (S1) 0.8459; (P) 0.8479; (R1) 0.8516; More…

Break of 0.8474 minor resistance suggests short term bottoming a 0.8401, on bullish divergence condition in 4 hour MACD. Intraday bias is back on the upside for 55 day EMA (now at 0.8509). Sustained break there will target a test on 0.8656 resistance. On the downside, break of 0.8401 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.

Daily Pivots: (S1) 0.8427; (P) 0.8450; (R1) 0.8467; More…

Intraday bias in EUR/GBP remains neutral for consolidation from 0.8401. On the downside, break of 0.8401 will resume larger down trend from 0.9499 to 0.8276 key long term support next. On the upside, though, break of 0.8474 will bring stronger rebound back to 55 day EAM (now at 0.8509) 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 edged lower to 0.8401 last week but recovered since then. Initial bias remains neutral this week first. On the downside, break of 0.8401 will resume larger down trend from 0.9499 to 0.8276 key long term support next. On the upside, though, break of 0.8474 will bring stronger rebound back to 55 day EAM (now at 0.8509) 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) 0.8436; (P) 0.8456; (R1) 0.8489; More…

Intraday bias in EUR/GBP stays neutral first. Firm break of 0.8467 resistance will indicate short term bottoming. Intraday bias will be turned to the upside for rebound to 55 day EMA (now at 0.8510) and possibly above. On the downside, break of 0.8401 will resume larger down trend from 0.9499 towards 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.

Daily Pivots: (S1) 0.8407; (P) 0.8421; (R1) 0.8440; More…

Intraday bias in EUR/GBP is turned neutral with current recovery. But further fall is expected as long as 0.8467 resistance holds. Break of 0.8401 will resume larger down trend from 0.9499 towards 0.8276 key long term support next. On the upside, break of 0.8467 minor resistance will now indicate short term bottoming, and bring stronger rebound back to 55 day EMA (now at 0.8513).

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) 0.8407; (P) 0.8421; (R1) 0.8440; More…

Further fall is expected in EUR/GBP as long as 0.8467 resistance holds. Current down trend from 0.9499 is in progress for 0.8276 key long term support next. On the upside, break of 0.8467 minor resistance will now indicate short term bottoming, and bring stronger rebound back to 55 day EMA (now at 0.8513).

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) 0.8418; (P) 0.8443; (R1) 0.8458; More…

EUR/GBP’s declined resumed by breaking 0.8420 and intraday bias is back on the downside. The current down trend from 0.9499 is in progress for 0.8276 key long term support next. On the upside, break of 0.8467 minor resistance will now indicate short term bottoming,and bring stronger rebound back to 55 day EMA (now at 0.8516).

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) 0.8433; (P) 0.8451; (R1) 0.8479; More…

Intraday bias in EUR/GBP remains neutral for consolidation above 0.8420 temporary low. On the downside, break of 0.8420 will resume the larger down trend from 0.9499 to 0.8276 key long term support next. On the upside, though, sustained break of 55 day EMA (now at 0.8520) will bring stronger rebound back to 0.8656 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 0.8656 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 range above 0.8420 last week and outlook is unchanged. Initial bias remains neutral this week first. On the downside, break of 0.8420 will resume the larger down trend from 0.9499 to 0.8276 key long term support next. On the upside, though, sustained break of 55 day EMA (now at 0.8523) will bring stronger rebound back to 0.8656 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 0.8656 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) 0.8417; (P) 0.8431; (R1) 0.8439; More…

Intraday bias in EUR/GBP remains neutral as consolidation from 0.8420 temporary low is extending. On the downside, break of 0.8420 will resume the larger down trend from 0.9499 to 0.8276 key long term support next. On the upside, though, sustained break of 55 day EMA (now at 0.8521) will bring stronger rebound back to 0.8656 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 0.8656 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) 0.8414; (P) 0.8437; (R1) 0.8452; More…

EUR/GBP is staying in consolidation form 0.8420 temporary low and intraday bias remains neutral for the moment. On the downside, break of 0.8420 will resume the larger down trend from 0.9499 to 0.8276 key long term support next. On the upside, though, sustained break of 55 day EMA (now at 0.8529) will bring stronger rebound back to 0.8656 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 0.8656 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.