EUR/GBP
EUR/GBP Price Forecast: Cross remains capped below Key SMAs despite tentative rebound
EUR/GBP Price Forecast: Cross remains capped below Key SMAs despite tentative rebound
EUR/GBP Mid-Day Outlook
EUR/GBP's extended rebound and break of 0.8676 resistance suggests that fall from 0.8740 has completed at 0.8618 already. Intraday bias is back on the upside for 0.8740 first.
EUR/GBP Surges as Markets Price “Zombie Government” Risk as Starmer Crisis Deepens
Sterling plunged sharply today while UK bond yields surged above 5.1% after the first ministerial resignation calling for Prime Minister Keir Starmer to step down transformed simmering political anxiety into something much more dangerous for markets: the perception that Britain may now be drifting toward a “zombie government.”
EUR/GBP Daily Outlook
Intraday bias in EUR/GBP remains neutral as consolidations continue above 0.8618. On the downside, firm break of 0.8610 will carry larger bearish implications and pave the way to 0.8466 fibonacci level next.
EUR/GBP Price Forecast: Resistance around 0.8655 keeps holding bulls
EUR/GBP Price Forecast: Resistance around 0.8655 keeps holding bulls
EUR/GBP holds losses near 0.8650 after weaker German Industrial Production data
EUR/GBP holds losses near 0.8650 after weaker German Industrial Production data
EUR/GBP steadies below 0.8650 with all eyes on UK elections
EUR/GBP steadies below 0.8650 with all eyes on UK elections
EUR/GBP holds steady above 0.8600 ahead of UK local elections
EUR/GBP holds steady above 0.8600 ahead of UK local elections
EUR/GBP edges higher as Middle East tensions lift volatility, UK politics in focus
EUR/GBP edges higher as Middle East tensions lift volatility, UK politics in focus
EURGBP Wave Analysis
EURGBP currency pair recently reversed from the support zone between the strong long-term support level 0.8620 (which has been repeatedly reversing the price from the start of 2025), lower daily Bollinger Band and the 50% Fibonacci correction of the upward impulse from May.
EUR/GBP Price Forecast: Euro languishes near eight-month lows at 0.8610
EUR/GBP Price Forecast: Euro languishes near eight-month lows at 0.8610
EUR/GBP flat lines above 0.8600 as ECB and BoE keep interest rates unchanged
EUR/GBP flat lines above 0.8600 as ECB and BoE keep interest rates unchanged
