EURGBP | Euro (EUR) to British Pound (GBP) Rate in the Forex market

If the euro encounters strong rejection below the 5/8 Murray, it will be seen as an opportunity to open short positions with targets at the 4/8 Murray located at 1.1718...

The pair is oscillating within a narrow range below 0.8630, balancing near five-month lows without a clear direction. Investors are holding back from taking aggressive positions ahead of decisions from...

A sharp break of the uptrend channel and consolidation above 1.1840 could be seen as a clear signal to buy with targets at 1.1962, where the 6/8 Murray is located...

Throughout the coming week, a continuation of the overall sideways movement of the pound major is expected, within a price channel between opposing zones. After an attempt to pressure...

EUR/USD is trading at 1.1949 within the trend channel formed since January 9 and consolidating within this channel, awaiting a technical rebound during which the instrument could reach the 7/8...

On Thursday, the euro maintains stability against the British pound, stabilizing after the previous day's pressure amid growing speculation about a potential rate cut by the European Central Bank later...

Early in the European session, the EUR/USD pair is trading around the 2/8 Murray and within the uptrend channel formed since January 18. The H4 chart shows a negative bias...

Over the coming days, a continuation of the upward price movement of the British pound is expected. After that, a flat (sideways) bias along the boundaries of the calculated resistance...

If the euro consolidates within the uptrend channel, it is expected to continue its upward path in the coming hours and could reach 1.1840 in the short term...

On the H4 chart, we can see that the Eagle indicator has reached extremely overbought levels, showing a negative signal. This setup could allow us to open short positions...