EUR/GBP – Thursday, June 26 2025.
EUR/GBP is currently moving in a weakening condition but there is potential for a strengthening correction.
Key Levels
1. Resistance. 2 : 0.85538.
2. Resistance. 1 : 0.85432.
3. Pivot : 0.85279.
4. Support. 1 : 0.85173.
5. Support. 2 : 0.85020.
Skenario Taktis
Pressure-Prone Zone: If Resistance. 0.85432 and Dynamic Resistance VWAP are able to withstand the rate of strengthening correction, then there is potential for EUR/GBP to weaken again down to 0.85279.
Momentum Extension Bias: If EUR/GBP successfully breaks through and closes below the Pivot level, there is potential for further weakening to 0.85173.
Invalidation level / Bias Revision
The weakening bias will be held if EUR/GBP breaks through and closes above the 0.85538 level.
Technical Summary
The EUR/GBP price movement structure is still forming a Higher Low - Lower Low, the VWAP Line has a decreasing slope and the RSI (14) value of 57.38 is in the Neutral Bullish area which indicates the potential for a strengthening retracement even though overall EUR/GBP is still under pressure.
Economic News Release Agenda
1. US GDP (QoQ) (Q1) - 19:30 WIB.
2. US Durable Goods Orders (MoM) (May) - 19:30 WIB.
3. US Initial Jobs Claim - 19:30 WIB.
