#eur/gbp

The post EUR/GBP Price Forecasts: Euro holds below 0.8450 with indicators showing some bullish divergence appeared on BitcoinEthereumNews.com. The Euro (EUR) is trading flat against the British Pound (GBP) on Wednesday, with bears contained above 0.8535 yet failing to find acceptance above 0.8650 so far. Price action shows a clear bearish trend, although the bullish divergence evident in the four-hour Relative Strength Index (RSI) suggests that sellers might be exhausted. In the fundamental domain, geopolitical tensions are back in the spotlight as US President Donald Trump called the US-Iran ceasefire to an end. Oil prices have bounced up from recent lows, and risk appetite has vanished, which is weighing on any significant Euro recovery. European Central Bank (ECB) board member José Luis Escrivá affirmed on Wednesday that the bank should keep all options open but that monetary policy would normally “look through one-off energy price shocks.” The Euro barely moved following Escrivá’s

The post EUR/GBP Price Forecast: Bearish bias persists below 0.8600 appeared on BitcoinEthereumNews.com. EUR/GBP trades with a positive bias on Tuesday as sellers take a breather following the recent selloff that pushed the cross to a more than one-year low. At the time of writing, EUR/GBP is trading around 0.8550 after rebounding from an intraday low of 0.8533, its lowest level since June 2025. Selling pressure intensified after EUR/GBP recently broke the key 0.8600 level, a multi-month support zone. Despite the intraday rebound, technical indicators continue to favor sellers, suggesting the near-term bias remains bearish. The economic calendar is relatively light across Europe this week, leaving traders focused on comments from European Central Bank (ECB) and Bank of England (BoE) officials for fresh policy clues. ECB Governing Council member Fabio Panetta said on Tuesday that the “outlook remains fragile,” adding that “upside inflation and downside growth risks remain.” Attention no