EUR/GBP: Neutral Bias as Pair Struggles to Break Above 0.8680

EUR/GBP rebounded last week but failed to hold above the 0.8680 resistance level, keeping the near-term outlook neutral. The pair remains caught between key support at 0.8610 and resistance at 0.8680, with a broader resistance zone sitting at 0.8278. Price action suggests indecision, with the fall from the 0.8863 high still potentially in play. Traders should watch for a decisive break of 0.8680 to the upside, which would signal a return to bullish momentum and suggest the decline from 0.8863 has completed. Conversely, a firm break below 0.8610 support would shift the bias bearish, opening the door for further downside. Overall bias remains neutral pending a clear directional break.