For today, look out for a speech from BoE chief economist Huw Pill. Given high inflation that will go higher he may not want to issue a rate protest today. Thus, EUR/GBP can probably continue to bounce around the 0.83-0.84 range. Here are the possible bounces area projected in the D1 technical analysis chart.
We can see here that the price has not power to breakout above the resistance area in the direction of the macro trend for several months tends to bearish.
We can see here that the price has not power to breakout above the resistance area in the direction of the macro trend for several months tends to bearish.
