FX.co ★ EUR/GBP

In the EUR/GBP pair, I prioritize a continuation of the price decline for today, as we have managed to consolidate below the resistance zone defined by the levels of 0.8676 - 0.8686. The current trading price is 0.8659. Consequently, the path now leads to the support represented by two levels: 0.8588 and 0.8600 from the hourly and four-hour scales, where the extreme deviation lines from the 55-day moving average are located while the ranging regime is still in place. Therefore, I expect the EUR/GBP pair to decrease from the current level of 0.8660 to the support at 0.8600.