EUR/JPY
EUR/JPY is showing a mild bullish attempt, but overall price action remains relatively flat. The pair has yet to print a new higher swing high, indicating that buyers are still lacking strong control. However, there is a subtle shift in structure, with lows gradually moving higher. This suggests underlying buying pressure, even though momentum remains weak. If the pair can eventually break above the recent highs, it could confirm a continuation to the upside. Until then, the market remains in a slow consolidation phase.
Today’s critical levels to watch:
Support: 182.583, 182.00, 180.54, 180.00
Resistance: 183.40, 185.84
EUR/GBP
EUR/GBP continues to consolidate within the 0.8700 – 0.8750 range, currently trading near the middle of this zone. This type of price behavior reflects indecision, with neither buyers nor sellers taking control. The key question now is whether the pair can build enough momentum to break above 0.8750 and print a new higher swing high. A confirmed breakout would signal bullish continuation, while failure to break higher could keep the pair stuck in range conditions.
Today’s critical levels to watch:
Support: 0.8700, 0.8600, 0.8580
Resistance: 0.8750, 0.8800, 0.8850, 0.8920
GBP/JPY
GBP/JPY remains positioned near its trendline, but so far there are no strong reactions from either side. Price is holding steady, with no clear breakout or rejection signal. This lack of movement suggests that traders are waiting for a clearer setup before entering the market. A decisive move away from the trendline will likely determine the next direction.
Today’s Critical level to watch:
Support: 211.50, 210.00, 208.00, 207.00
Resistance: 214.965
GBP/CHF
GBP/CHF is mostly flat, with no significant development observed below the 1.0600 level. Price action remains muted, indicating low momentum in the current market environment. For now, traders will continue to monitor whether the pair can break below this level or rebound, as either scenario could provide clearer direction.
Today’s critical levels to watch:
Support: 1.0500, 1.03599
Resistance: 1.0600, 1.0660, 1.0800