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Technical Analysis Posted 1 hour ago

EUR/GBP: Corrective Rebound Capped by 0.8610 Resistance

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EUR/GBP rebounds from 0.8453 support with potential to reach 55-day EMA at 0.8578. Strong resistance caps upside at 0.8610. Breaking below 0.8516 risks retest of 0.8453 low. The broader uptrend from 2024 lows appears complete near 0.8863, suggesting neutral-to-bearish bias. Watch for breakout confirmation above resistance or support breakdown.
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