EUR/GBP dripped further to as low as 0.8180 last week but drew support from mentioned 0.8167/86 support zone and recovered. Considering bullish convergence condition in 4 hours MACD, a short term bottom might be in place. Initial bias remains neutral this week. Break of 0.8281 will flip back back to the upside. Further break of 0.8381 will confirm bottoming and will turn outlook bullish for... moreEUR/GBP dripped further to as low as 0.8180 last week but drew support from mentioned 0.8167/86 support zone and recovered. Considering bullish convergence condition in 4 hours MACD, a short term bottom might be in place. Initial bias remains neutral this week. Break of 0.8281 will flip back back to the upside. Further break of 0.8381 will confirm bottoming and will turn outlook bullish for 0.8806 resistance. However, note that sustained trading below 0.8167/86 support zone will invalidate out view and bring deeper fall to 0.8 psychological level instead. view page