EURGBP Outlook

eur/gbp-day-by-day-outlook

04 Mar: EUR/GBP Day by day Outlook

Daily Pivots: (S1) 0.8555; (P) 0.8565; (R1) 0.8577; More… Intraday bias in EUR/GBP stays neutral for the moment. Considering bullish convergence condition in D MACD, decisive break of 0.8577 and 55 D EMA (now at 0.8574) will argue that fall from 0.8764 has completed. Intraday bias will be back on the upside for rebound towards

eur/gbp-weekly-outlook

02 Mar: EUR/GBP Weekly Outlook

EUR/GBP recovered last week but failed to break through 0.8577 so far. Initial bias remains neutral this week first. Considering bullish convergence condition in D MACD, decisive break of 0.8577 and 55 D EMA (now at 0.8574) will argue that fall from 0.8764 has completed. Intraday bias will be back on the upside for rebound

eur/gbp-day-by-day-outlook

01 Mar: EUR/GBP Day by day Outlook

Daily Pivots: (S1) 0.8550; (P) 0.8560; (R1) 0.8570; More… Intraday bias in EUR/GBP stays neutral at this point. On the upside, firm break of 0.8577 will resume the rebound from 0.8497. On the downside, decisive break of 0.8491/7 support zone will resume larger down trend. In the bigger picture, fall from 0.8764 is seen as

eur/gbp-every-day-outlook

29 Feb: EUR/GBP Every day Outlook

Daily Pivots: (S1) 0.8549; (P) 0.8558; (R1) 0.8569; More… No change in EUR/GBP’s outlook and intraday bias remains neutral. Risk stays mildly on the downside with 0.8577 resistance intact. Decisive break of t 0.8491/7 support zone will resume larger down trend. On the upside, however, break of 0.8577 will turn bias to the upside for

eur/gbp-day-by-day-outlook

28 Feb: EUR/GBP Day by day Outlook

Daily Pivots: (S1) 0.8542; (P) 0.8555; (R1) 0.8561; More… Intraday bias in EUR/GBP remains neutral for the moment. Risk stays mildly on the downside with 0.8577 resistance intact. Decisive break of t 0.8491/7 support zone will resume larger down trend. On the upside, however, break of 0.8577 will turn bias to the upside for resuming

eur/gbp-day-by-day-outlook

27 Feb: EUR/GBP Day by day Outlook

Daily Pivots: (S1) 0.8539; (P) 0.8550; (R1) 0.8565; More… Intraday bias in EUR/GBP is turned neutral with current recovery. But risk stays on the downside with 0.8577 resistance intact. Decisive break of t 0.8491/7 support zone will resume larger down trend. On the upside, however, break of 0.8577 will turn bias to the upside for

eur/gbp-every-day-outlook

26 Feb: EUR/GBP Every day Outlook

Daily Pivots: (S1) 0.8528; (P) 0.8540; (R1) 0.8552; More… Intraday bias in EUR/GBP remains mildly on the downside at this point. Recovery from 0.8497 could have completed at 0.8577. Further rally would be seen to retest 0.8491/7 support zone. Decisive break there will resume larger down trend. For now, risk will stay on the downside