EUR/GBP Weekly Forecast: 11–17 October 2026
The weekly bias is Bearish, led by negative D1 momentum and bearish H4 structure, although mixed D1 closes and oversold RSI leave room for consolidation.
Current outlook · 18–24 Oct 2026
The weekly bias is Bearish as D1 structure, negative momentum and bearish H4 conditions align, although mixed closes and scheduled UK events could delay or complicate follow-through.
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The weekly bias is Bearish, led by negative D1 momentum and bearish H4 structure, although mixed D1 closes and oversold RSI leave room for consolidation.
EUR/GBP trades under downside pressure near 0.85169, with momentum indicators such as MACD and RSI reflecting bearish control, leaving key support at 0.8454 and resistance at 0.86112 as the focal levels.
EUR/GBP trades near crucial resistance at 0.86086 with solid upside momentum; price action across the coming sessions will determine if a breakout occurs or a retest of support unfolds.
EUR/GBP maintains moderate upward bias around 0.85897, with price action positioning to test resistance at 0.86506 or potentially consolidate toward 0.8454 support.