EUR/GBP

The court ruled against the government and EUR started climbing after a whipsaw.

I'm currently Long EUR , Parliament vote needed, although two things positive for MP May, no need to consult Scotland or N.Ireland otherwise it would be a disaster.

85800 eur/gbp is looking like a bit of a bottom, keeping a close eye on GBP/USD

Currently short on EurGbp... Maybe a retest of support on 0.84

Looks to be some support off of 85300, next support looks like 8500, we might get a better picture of direction around 11-11.30.

I think it will break below 0.8530 sooner rather than later, it’s very bearish.

EUR/GBP very doubtful to hold at 0.8500 and next reasonable support observe further below 0.8400 . It could reach soon 0.8450 . Actual scenario is it was already negative after Theresa May's speech before Supreme Court Ruling announcement and after that its not change direction yet. Whatever arrives its still probable to continue same direction unless it first sustain above 0.8650 at least. Any suggestion or comments ?

Looking at the longer term charts this could go down and test 83500 ,there is some support down at 84500 but it doesn't look to promising, the court ruling was negative for MP May but positive for the pound value, they want a detailed plan/white paper of what MP May is proposing on a deal so they can have their input, confidence in her and her original plan is waning, she needs to move fast now and restore confidence. I would wait for news or positive data before thinking about levels.

Re shorted today @ 0.8424

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Surprising speech by MP May 'Britain and the US will never again invade sovereign foreign countries “in an attempt to make the world in their own image,” Theresa May told Republican policymakers in Philadelphia'.

I just closed a short-term long position. Do you think it will break above 0.8520?

EUR/GBP - On 4H chart, we have break below the pin bar and short term downtrend. Most likely the price will slide down to 0.8470.

Still looking negative for EUR/GBP on the long term charts need lower retesting ,would like to see 8400, tomorrow is the end of the month, we could see some strength in the Euro.

Just re shorting... Expectation on 0.8350 area.

Fitbit just fell 12% at the open anyone into stocks

EUR/GBP upside resumption could be at first observation sustain above 0.8560 as holding at 0.8540 at least. For that it needs clear pass the previous daily high at 0.8583 for confirmation. Contrary for break at 0.8465 could resume the downside .

It has already broken way above 0.8560. I am not so sure how much higher it can climb without a retracement.

Hello All,

in my view, EURGBP has immediate resistance placed at 0.86 and move above this level would trigger further buying with next level to see is 0.874. On the down side, it is having major support at 0.845which would be closely watched