FX.co ★ EUR/GBP Intraday Technical analysis

The spot rate approaches the lower limit of its medium-term bullish channel at 0.8630 suggesting a rebound in the short term. However a break of these levels would initiate a bearish trend.

According to previous events, the market indicates a bullish opportunity on the levels of 0.8630 with a 1st objective of 0.8730, then 0.8760. A break in 0.8610 would invalidate this scenario.