Daily Pivots: (S1) 0.8276; (P) 0.8294; (R1) 0.8318; More… Intraday bias in EUR/GBP stays neutral for the moment and more consolidations would be seen.. On the upside, break of 0.8326 resistance will indicate short term bottoming, at 0.8221, ahead of 0.8201 key support, on bullish convergence condition in 4H MACD. Intraday bias will be turned […]

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EUR/GBP rebounded ahead of 0.8201 key support again last week but upside was limited below 0.8326 resistance. Initial bias is neutral this week first. On the upside, break of 0.8326 resistance will indicate short term bottoming, on bullish convergence condition in 4H MACD. Intraday bias will be turned back to the upside for 0.8446 structural […]

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Daily Pivots: (S1) 0.8244; (P) 0.8269; (R1) 0.8314; More… EUR/GBP rebounded strongly again ahead of 0.8201 key support and intraday bias is turned neutral. On the upside, break of 0.8326 resistance will indicate short term bottoming, on bullish convergence condition in 4H MACD. Intraday bias will be turned back to the upside for 0.8446 structural […]

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Daily Pivots: (S1) 0.8216; (P) 0.8247; (R1) 0.8265; More… No change in EUR/GBP’s outlook and intraday bias stays on the downside. Firm break of 0.8224 will resume larger down trend to 0.8201 key support. Strong support could be seen there to bring rebound. But break of 0.8326 resistance is needed to confirm short term bottoming. […]

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Daily Pivots: (S1) 0.8237; (P) 0.8266; (R1) 0.8283; More… Intraday bias in EUR/GBP stays on the downside for retesting 0.8224 support. Firm break there will resume larger down trend to 0.8201 key support. On the upside, break of 0.8326 resistance will resume the rebound to 38.2% retracement of 0.8624 to 0.8224 at 0.8377. In the […]

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Daily Pivots: (S1) 0.8265; (P) 0.8296; (R1) 0.8320; More… EUR/GBP’s deep decline today and break of 0.8290 minor support turned intraday bias back to the downside for retesting 0.8224. Firm break there will resume larger down trend to 0.8201 key support. On the upside, break of 0.8326 resistance will resume the rebound to 38.2% retracement […]

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Daily Pivots: (S1) 0.8273; (P) 0.8298; (R1) 0.8347; More… Intraday bias in EUR/GBP remains on the upside at this point. Rebound from 0.8224 short term bottom is in progress for 38.2% retracement of 0.8624 to 0.8224 at 0.8377. Firm break there will target 61.8% retracement at 0.8471, even as a corrective move. On the downside, […]

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Despite initial dip to 0.8224, EUR/GBP staged a strong rebound ahead of 0.8201 key support. Considering bullish convergence condition in 4H MACD, a short term bottom could at least be formed. Initial bias stays on the upside this week for 38.2% retracement of 0.8624 to 0.8224 at 0.8377. Firm break there will target 61.8% retracement […]

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Daily Pivots: (S1) 0.8233; (P) 0.8253; (R1) 0.8279; More… EUR/GBP rebounded strongly ahead of 0.8201 support. Considering the strong momentum, intraday bias is back on the upside for 0.8363 resistance. Decisive break there will be suggest near term bullish reversal and target 0.8446 resistance and above. In case of another decline through 0.8224, focus will […]

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Daily Pivots: (S1) 0.8221; (P) 0.8236; (R1) 0.8248; More… EUR/GBP’s down trend is still in progress and intraday bias stays on the downside for 0.8201 key support. Strong support could be seen there to bring rebound. On the upside, above 0.8268 minor resistance will turn intraday bias neutral first. Further break of 0.8363 resistance will […]

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Daily Pivots: (S1) 0.8227; (P) 0.8255; (R1) 0.8272; More… Intraday bias in EUR/GBP remains on the downside. Current fall is part of the larger down trend, and should target 0.8201 key support level next. Strong support could be seen there to bring rebound. On the downside, above 0.8282 minor resistance will turn intraday bias neutral […]

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Daily Pivots: (S1) 0.8267; (P) 0.8279; (R1) 0.8290; More… EUR/GBP’s down trend resumed by breaking through 0.8259 low. Intraday bias is back on the downside for 0.8201 key support level next. Strong support could be seen there to bring rebound. On the downside, above 0.8282 minor resistance will turn intraday bias neutral first. Further break […]

The post EUR/GBP Mid-Day Outlook appeared first on Action Forex.

Daily Pivots: (S1) 0.8267; (P) 0.8279; (R1) 0.8290; More… EUR/GBP is staying in sideway consolidations and intraday bias remains neutral. On the downside, decisive break of 0.8259 will resume larger down trend to 0.8201 key support. On the upside, break of 0.8311 minor resistance will turn bias back to the upside for recovery. But still, […]

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Daily Pivots: (S1) 0.8282; (P) 0.8291; (R1) 0.8304; More… Intraday bias in EUR/GBP remains neutral and more consolidations could be seen above 0.8259 support. On the downside, decisive break of 0.8259 will resume larger down trend to 0.8201 key support. On the upside, break of 0.8311 minor resistance will turn bias back to the upside […]

The post EUR/GBP Daily Outlook appeared first on Action Forex.

While EUR/GBP decline last week, downside was still contained above 0.8259 support. Initial bias stays neutral this week first. On the downside, decisive break of 0.8259 will resume larger down trend to 0.8201 key support. On the upside, break of 0.8311 minor resistance will turn bias back to the upside for recovery. But still, outlook […]

The post EUR/GBP Weekly Outlook appeared first on Action Forex.

Daily Pivots: (S1) 0.8274; (P) 0.8287; (R1) 0.8311; More… EUR/GBP is still bounded in range trading above 0.8259 support and intraday bias stays neutral. On the downside, decisive break of 0.8259 will resume larger down trend to 0.8201 key support. On the upside, break of 0.8311 minor resistance will turn bias back to the upside […]

The post EUR/GBP Daily Outlook appeared first on Action Forex.

Daily Pivots: (S1) 0.8263; (P) 0.8282; (R1) 0.8296; More… Intraday bias in EUR/GBP remains neutral for the moment. On the downside, decisive break of 0.8259 will resume larger down trend to 0.8201 key support. On the upside, break of 0.8311 minor resistance will turn bias back to the upside for recovery. But still, outlook will […]

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Daily Pivots: (S1) 0.8282; (P) 0.8298; (R1) 0.8308; More… Intraday bias in EUR/GBP remains neutral as range trading continues. Further decline is expected with 0.8446 resistance intact. On the downside, decisive break of 0.8259 will resume larger down trend to 0.8201 key support. In the bigger picture, down trend from 0.9267 (2022 high) is in […]

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Daily Pivots: (S1) 0.8273; (P) 0.8293; (R1) 0.8315; More… EUR/GBP is staying in range above 0.8259 and intraday bias stays neutral. Further decline is expected with 0.8446 resistance intact. On the downside, decisive break of 0.8259 will resume larger down trend to 0.8201 key support. In the bigger picture, down trend from 0.9267 (2022 high) […]

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Daily Pivots: (S1) 0.8295; (P) 0.8314; (R1) 0.8325; More… EUR/GBP dips notably today but stays above 0.8259 support. Intraday bias remains neutral first. Further decline is expected with 0.8446 resistance intact. On the downside, decisive break of 0.8259 will resume larger down trend to 0.8201 key support. In the bigger picture, down trend from 0.9267 […]

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