Eur/GBP price analysis: the par descends near the lower limit of the range despite the bullish context

• EUR/GBP quote near the 0.85 area after sliding from the previous session levels
• Despite the setback, the indicators and averages continue to favor a bullish configuration
• The support arises around 0.8544 and 0.8507, with resistance observed about 0.8642

The EUR/GBP went down on Tuesday after the European session, going back to the bottom of its intra -range range while staying just above the key technical levels. The pair was last seen near the area of ​​0.85, with a slight fall in the day, however, the broader signals still point to an underlying bullish strength.

Impulse indicators remain mixed. The relative force index is neutral in 58.46, showing any immediate threat of over -sales conditions, while the MACD prints a bullish crossing, suggesting that the ascending impulse could be resumed. Both the stochastic %K at 69.95 and the ultimate oscillator at 49.06 are also neutral, offering a limited direction in the short term.

Key mobile socks continue to support the upward case. The 10 -day EMA at 0.85468 and the SMA at 0.85441 provide dynamic support, while the longest averages – the 20 -day SMA at 0.84520, the 100 -day at 0.83568 and the 200 -day at 0.83826 – all tend to the rings and are comfortably located below the current price levels.

Daily graph