Technical analysis for EUR/GBP pair
The EUR/GBP pair is moving in a bearish trend on the one-hour timeframe, and the prices succeeded in sweeping the liquidity above the 0.8829 level and formed an FVG around the 0.8820 level from which the prices dropped downward. Currently, the prices are trading around the 0.8803 level, and it is expected today that the bearish trend will continue.
Major economic news:
There are no important news on the euro or the pound, so the movement is expected to be consistent.
Liquidity levels
Prices are expected to decline and target the 0.8785 level, then the 0.8770 level, then the 0.8762 level.
The bearish scenario is invalidated if the prices visit the 0.8829 level.  Technical analysis of the euro-pound pair The EURGBP pair is moving in a downtrend on the hourly frame, and prices succeeded in withdrawing the liquidity above 0.8829 levels, and prices formed an FVG around 0.8820 levels, from which prices bounced down. Currently, prices are trading around 0.8803 levels, and a continuation of the downtrend is expected during the day. Top economic news: There is no significant news on the euro and the pound, so the movement is expected to be symmetrical. Liquidity levels: Prices are expected to decline and target 0.8785, then 0.8770, then 0.8762. The bearish scenario is negated if 0.8829 levels are visited.