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EURGBP 10.12.2025
Bias:
The market remains within a narrow bearish range, with the previous support at 0.8755 now acting as resistance. Buyers continue to lack strength.
Technical Outlook:
The 0.8755–0.8780 zone caps the upside, while 0.8720 serves as a balance level. Weak momentum suggests sellers still control the structure.
Scenarios:
Bullish: A clean break and close above 0.8755 could lead to 0.8780 and 0.8810.
Bearish: A failure below 0.8755 and break of 0.8720 opens a move toward 0.8690 and 0.8665.
Key Levels:
Resistance: 0.8755 – 0.8780 – 0.8810
Support: 0.8720 – 0.8690 – 0.8665
Conclusion:
The bias remains bearish below 0.8755; any short-term bounce is likely to fade unless buyers manage a strong close above resistance.
*Risk Disclaimer: Point Trader Group will not accept liability for any loss or damage as a result of reliance on the provided information.
