EURGBP 5.8.2025

Technical Analysis
Tuesday, August 05, 2025 - 12:09
Point Trader Group

General Trend:

The pair is in an upward trend, currently pulling back from a strong supply zone between 0.8731 and 0.8757.

Expected Scenario:

Bullish:

A rebound from 0.8685 could lead to a retest of resistance at 0.8731 and 0.8757.

Bearish:

Breaking below 0.8685 may push the price toward the next support at 0.8610.

Key Levels:

Resistances: 0.8731 – 0.8757

Supports: 0.8685 – 0.8610


*Risk Disclaimer: Point Trader Group will not accept liability for any loss or damage as a result of reliance on the provided information.


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