Forex Technical Cross Pairs Analysis | November 02, 2026

EUR/JPY

EUR/JPY is moving upward strongly today, surpassing the consolidation formed after its latest drop. Despite this robust intraday push, the overall trend remains bearish as long as no higher swing high is printed. Sellers will watch for rejection signs near higher technical barriers to re-establish short positions. A failure to break the macro lower-high structure keeps the broader path of least resistance directed downward.

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Today’s critical levels to watch:

Support: 175.50

Resistance: 176.00, 178.00

EUR/GBP

EUR/GBP staged a bullish attempt during today’s session, but price action remains contained inside Friday’s trading range. The pair continues to hover near the critical 0.8325 support target with limited buying follow-through. As long as price stays capped beneath intermediate resistance levels, the broader bearish outlook remains intact. A break below Friday’s low will be required to trigger the next leg down.

Today’s critical levels to watch:

Support: 0.8325

Resistance: 0.8400, 0.8450, 0.8500, 0.8525, 0.8580

GBP/JPY

GBP/JPY’s consolidation structure has evolved from a horizontal range into a rising wedge pattern. Price is compressing higher between converging trendlines, signaling accumulating pressure near overhead resistance. Rising wedges often resolve to the downside, so traders should monitor the lower boundary closely for a potential breakdown signal. Conversely, a sustained upside breakout would invalidate the pattern and extend the rally.

Today’s critical level to watch:

Support: 210.00, 208.00, 205.00

Resistance: 211.50, 214.965, 218.00

GBP/CHF

GBP/CHF saw a downside breakout materialize today from its triangle consolidation. If bearish follow-through develops, the pair will likely experience further weakness toward lower support targets. However, if buyers step in to recover and erase all of today’s losses, the breakdown could prove invalid, returning price back into the previous range. Confirmation via the daily close will be crucial for establishing the next direction.

Today’s critical levels to watch:

Support: 1.0900, 1.0800, 1.0660, 1.0600, 1.0500, 1.03599

Resistance: 1.1060, 1.1100

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