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Thursday, July 31, 2025

The potential for weakness in EUR/GBP remains open today, Thursday, July 31, 2025.

The potential for weakness in EUR/GBP remains open today, Thursday, July 31, 2025.

Back Technical analysis
The potential for weakness in EUR/GBP remains open today, Thursday, July 31, 2025.
Back Technical analysis

The potential for weakness in EUR/GBP remains open today, Thursday, July 31, 2025.

EUR/GBP – Thursday, July 31, 2025.With

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31.07.2025 08:02 AM

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31.07.2025 08:02 AM

EUR/GBP – Thursday, July 31, 2025.With the 50-day moving average (EMA) condition below the 200-day moving average (EMA) and supported by the appearance of "Hidden Divergence" from the RSI (14) which is in a neutral bearish condition, EUR/GBP has the potential to continue its downward bias in the near term.Key Levels1. Resistance Level 2: 0.8674.2. Resistance Level 1: 0.8643.3. Pivot: 0.8626.4. Support Level 1: 0.8595.5. Support Level 2: 0.8578.Tactical ScenarioPressure Prone Zone: If the price breaks through and closes below

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