EUR/GBP Holds Below 0.85281

Research preview

Investor-Level Read EURGBP is trading near 0.85388 with a developing, but still dependent on price acceptance profile; the next directional clue should come from how price behaves after the first test of support or resistance. Price is trading below the daily pivot at 0.85438, which leaves the first read vulnerable unless the pivot is reclaimed. The working support band is 0.85281 / 0.85191 / 0.85085, while the resistance band is 0.85492 / 0.85593 / 0.85675. Daily R1 at 0.85501 and S1 at 0.85369 define the first tactical range. Internal models have flipped from Sell to Strong Sell for EUR/GBP. The shift puts downside continuation in focus, with price near 0.85287,...