Sentiment : 0.8150 0.8125
The pair EUR/GBP has opened the week on a bearish gap, allowing the breakout of the support at 0.81 (new sell signal). The pair is currently testing the next support at 0.8050. All indicators are bearish. The pair is still moving into a bearish channel (purple lines). We continue to advise short positions as far as 0.8125 is resistance. The breakout of 0.8050 will give a new sell signal and open the way towards 0.80. In case of return above 0.8125, we will be neutral between this level and 0.8150. The breakout of 0.8150 will give a buy signal.
Chart of the pair EUR/GBP - Timeframe 4H - Zoom in :
Chart of the pair EUR/GBP - Timeframe 4H - Zoom out:
EUR/GBP Live Chart - Timeframe : 4h