EURGBP Daily Analysis

[FXGlory Ltd]

EURGBP H4 Technical and Fundamental Analysis for 10.15.2025

Time Zone: GMT +3
Time Frame: 4 Hours (H4)


Fundamental Analysis
Today's EURGBP pair is influenced significantly by scheduled speeches from Bank of England officials, including Deputy Governors David Ramsden and Sarah Breeden. Traders will closely follow these discussions for subtle indications regarding future monetary policy shifts. For the EUR, attention will be drawn to the Consumer Price Index (CPI) release from INSEE and the Eurozone's Industrial Production data from Eurostat. Positive outcomes or stronger-than-anticipated results could provide support to the Euro, while hawkish stances by BOE officials could strengthen the GBP, potentially causing volatility in EURGBP.


Price Action
EURGBP analysis on the H4 timeframe shows the pair maintaining a bullish trend, evident from higher lows. Recently, the emergence of lower highs suggests a potential transition towards sideways market conditions. With candles approaching the established support trendline, traders should be alert to a possible trend shift or at least short-term consolidation as the candles have been approaching the support line.


Key Technical Indicators
Bollinger Bands: Currently, the bands have expanded noticeably, indicating increased volatility. The bands might soon start converging slightly, reflecting anticipated market consolidation or diminished volatility. Traders should watch for candles moving closer to the central Bollinger Band for clearer signals.
RSI: The RSI indicator is presently at 53.82, reflecting balanced market conditions with neither overbought nor oversold extremes. This neutral positioning suggests potential price stabilization or minor fluctuations in the short term.
Williams’ Percentage Range: At -17.51, Williams’ %R indicates the pair is nearing overbought conditions, suggesting limited upward momentum potential in the short term. Traders might consider possible corrective moves or consolidation phases soon.


Support and Resistance
Support: The primary support is currently situated around the ascending trendline near the 0.8670 level, reinforced by recent candle lows.
Resistance: Immediate resistance appears near the 0.8735 to 0.8740 range, aligning with recent highs and upper Bollinger Band boundaries.


Conclusion and Consideration
EURGBP’s H4 chart analysis demonstrates bullish momentum with emerging signs of potential consolidation. Traders should closely observe the fundamental news from BOE officials and upcoming CPI and industrial production data from the Eurozone, which could significantly influence the currency pair's direction. Given technical indicators signaling possible limited upside, market participants should prepare for volatility and potential sideways movements.


Disclaimer: The analysis provided for EUR/GBP is for informational purposes only and does not constitute investment advice. Traders are encouraged to perform their own analysis and research before making any trading decisions on EURGBP. Market conditions can change quickly, so staying informed with the latest data is essential.


FXGlory
10.15.2025

 

[FXGlory Ltd]

EURGBP H4 Technical and Fundamental Analysis for 11.11.2025

Time Zone: GMT +2
Time Frame: 4 Hours (H4)


Fundamental Analysis:
Today's fundamental outlook for EUR/GBP includes critical economic news impacting both currencies. The British Pound (GBP) faces potential volatility from upcoming data releases, including British Retail Consortium (BRC) same-store sales, unemployment claims, average earnings including bonuses, and the ILO unemployment rate. Any positive data, surpassing forecasts, could strengthen GBP significantly. Moreover, external Bank of England (BOE) MPC member Megan Greene's speech at the UBS European Conference will be closely observed for hawkish monetary policy signals. Conversely, the Euro (EUR) could experience irregular volatility due to lower liquidity with French banks closed for Armistice Day, alongside the ZEW economic sentiment releases from Germany and the Eurozone, which could influence EUR sentiment notably.


Price Action:
EUR-GBP pair analysis in the H4 timeframe currently shows the price trending downward from the Fibonacci retracement level of 78.6 towards the 61.8 level. Recent price action has printed several consecutive red candles indicating bearish pressure, further confirmed by a crossover of the shorter MA (9 periods) below the longer MA (21 periods). The parabolic SAR indicator dots have moved above the candles, highlighting the ongoing bearish momentum in price action.


Key Technical Indicators:
Moving Averages: The short-term moving average (9-period MA) crossing below the longer-term moving average (21-period MA) signals a bearish crossover, indicating sellers' dominance in the EURGBP market.
Parabolic SAR: The indicator dots positioned above the current price candles confirm the bearish trend, suggesting a continuation of downward price action on the H4 timeframe.
MACD (Moving Average Convergence Divergence): The MACD (12,26,9) indicator at 0.000529 and -0.000143 shows decreasing bullish momentum with a possible bearish crossover imminent, supporting further declines.


Support and Resistance:
Support: Immediate support is seen at the Fibonacci retracement level of 61.8, recently confirmed as robust support in the EURGBP market.
Resistance: Immediate resistance remains at the Fibonacci retracement level of 78.6, acting previously as both resistance and support over the past two weeks.


Conclusion and Consideration:
The EURGBP pair technical analysis and fundamental daily forecast indicate a prevailing bearish momentum supported by moving average crossover, MACD signals, and Parabolic SAR positioning. Traders should closely monitor GBP economic releases today for potential volatility spikes, particularly considering the BOE member speech that could influence price action significantly. Given the lower liquidity in EUR due to the French bank holiday, heightened caution is advised.


Disclaimer: The analysis provided for EUR/GBP is for informational purposes only and does not constitute investment advice. Traders are encouraged to perform their own analysis and research before making any trading decisions on EURGBP. Market conditions can change quickly, so staying informed with the latest data is essential.


FXGlory
11.11.2025

 

[FXGlory Ltd]

EURGBP H4 Technical and Fundamental Analysis for 12.04.2025

Time Zone: GMT +2
Time Frame: 4 Hours (H4)


Fundamental Analysis:
The EUR/GBP currency pair is influenced today by several key economic events from both Europe and the UK. The GBP is awaiting data from S&P Global regarding the Construction Purchasing Managers' Index (PMI), a critical indicator of economic health that can significantly influence the British Pound. A reading above forecast could strengthen the GBP. Additionally, remarks from Bank of England MPC member Catherine Mann might impact the GBP, as traders look for insights into future monetary policy. For the Eurozone, retail sales data from Eurostat and the French 10-year bond auction results are due today, which could moderately impact the EUR depending on consumer spending outcomes and bond market sentiment.


Price Action:
EURGBP H4 analysis reveals a strong bearish momentum following a previously sharp bullish trend. Recently, sellers have regained control, pushing the price sharply lower within a clearly defined bearish channel. Price is currently heading toward the lower band of this channel, suggesting a potential continuation of this bearish trend in the near term.


Key Technical Indicators:
Adaptive Moving Average (9): The adaptive moving average is currently situated above the latest candles, indicating significant selling pressure and validating the ongoing bearish momentum. The proximity of the average line to the candles suggests potential continued resistance to upward movements.
RSI (14): The RSI is currently at 29.65, indicating oversold conditions. This suggests the bearish momentum is strong, but caution is advised as the market may experience a temporary bullish retracement due to the oversold scenario.
MACD (12, 26, 9): The MACD is at -0.000591 with the signal line at 0.000208, clearly in bearish territory. This negative crossover further supports ongoing bearish momentum, indicating a continuation of downward price action.


Support and Resistance:
Support: Immediate support is observed at the lower boundary of the bearish channel around 0.87150, a critical area where buying interest might emerge.
Resistance: Nearest resistance is identified at 0.87650, corresponding with the adaptive moving average line and previous consolidation zones.


Conclusion and Consideration:
EURGBP’s technical and fundamental analysis on the H4 timeframe suggests a strong bearish bias supported by clear price action and bearish signals from technical indicators. Traders should watch closely the lower boundary of the bearish channel for potential reversals or continuation signals. Additionally, today's economic news releases could bring volatility, potentially altering the pair's current dynamics.


Disclaimer: The analysis provided for EUR/GBP is for informational purposes only and does not constitute investment advice. Traders are encouraged to perform their own analysis and research before making any trading decisions on EURGBP. Market conditions can change quickly, so staying informed with the latest data is essential.


FXGlory
12.04.2025