[alert color=”grey”] Intraday Support : 0.7805, 0.7770, 0.7735 Intraday Resistance: 0.7850, 0.7880, 0.7910, 0.7930[/alert]
The EURGBP remained under pressure, the price is pushing lower after retesting the latest swing high, where it failed to break above it. Meanwhile, the RSI continues to signal a bearish divergence.
The divergence has been dominant for a while, and the failure to break above 0.7027 swing high indicates a move lower as long as there is no stability above 0.7027.
[alert color=”red”] EURGBP Forecast for today: Bearish towards 0.7735 and 0.7700. As long as below 0.7950.[/alert]