Intraday bias in EUR/GBP stays neutral for consolidations above 0.8360 temporary low. Further decline is expected as long as 0.8453 support turned resistance holds Below 0.8360 will target 100% projection of 0.8728 to 0.8453 from 0.8611 at 0.8336. Firm break there will target 138.2% projection at 0.8231.
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 stay bearish as long as 0.8611 resistance hold.
