Medium Impact EURGBP EUR EU

EURGBP – Larger Bears to Take a Breather

Published Jul 03, 2026 9:39 PM Last refreshed Jul 18, 2026 6:58 AM Source: Action Forex Event Time: Jul 03, 2026 9:39 PM
Imported headline
EURGBP – Larger Bears to Take a Breather

Source
Action Forex - https://www.actionforex.com/contributors/technical-analysis/646162-eurgbp-larger-bears-to-take-a-breather/

Summary
EURGBP edges higher on Friday after fresh acceleration lower in past three days failed to clearly break Fibo support at 0.8552 (50% retracement of 0.8239/0.8865 rally, also weekly Ichimoku cloud base) and formed a bear-trap pattern on daily chart that paves the way for recovery.
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