You are attempting to access a website operated by an entity not regulated in the EU. Products and services on this website do not comply with EU laws or ESMA investor-protection standards.
As an EU resident, you cannot proceed to the offshore website.
Please continue on the EU-regulated website to ensure full regulatory protection.
Khamis Aug 21 2025 09:30
1 min.
EUR/GBP encountered significant resistance in the 0.8735/0.8765 area, representing the highs of November 2023 and April. Following this test, the pair experienced a pullback. An interim low has formed near 0.8590, successfully defending the 50-day moving average (DMA).
A short-term rebound towards 0.8700, corresponding to the 61.8% Fibonacci retracement level of the recent decline, cannot be ruled out. However, a breach of the recent swing low at 0.8590 could pave the way for a more substantial downward move.
Key Support and Resistance Levels:
Potential Scenarios:
Additional Considerations: Traders should closely monitor upcoming economic data releases from both the Eurozone and the United Kingdom, as well as any geopolitical developments that could impact the pair.
Disclaimer: This analysis is for informational purposes only and should not be considered investment advice. Traders should conduct their own research and consult with a financial professional before making any investment decisions. Examining factors like interest rate differentials between the Bank of England and the European Central Bank, and broader economic indicators, can provide additional context for understanding EUR/GBP movements.
Risk Warning and Disclaimer: This article represents only the author’s views and is for reference only. It does not constitute investment advice or financial guidance, nor does it represent the stance of the Markets.com platform. Trading Contracts for Difference (CFDs) involves high leverage and significant risks. Before making any trading decisions, we recommend consulting a professional financial advisor to assess your financial situation and risk tolerance. Any trading decisions based on this article are at your own risk.
Terkini
Lihat semuaSabtu, 18 Oktober 2025
5 min.
Sabtu, 18 Oktober 2025
5 min.
Sabtu, 18 Oktober 2025
3 min.
MS
