Thursday, October 15, 2026

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EUR/GBP close to 7 yr lows, scope to long-term fibo

Source: Thomson Reuters EUR/GBP very close to test 7 year lows at 0.7340 intraday Below that pair has scope to test long-term fibo at 0.7256 - 61.8% of 0.5681 - 0.9805 0.7341 lows thus far, 0.7321 - the low from Jan 2008…

By Jay L. Zagorsky
1 min read
EUR/GBP close to 7 yr lows, scope to long-term fibo
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Source: Thomson Reuters


  • EUR/GBP very close to test 7 year lows at 0.7340 intraday

  • Below that pair has scope to test long-term fibo at 0.7256 - 61.8% of 0.5681 - 0.9805

  • 0.7341 lows thus far, 0.7321 - the low from Jan 2008 is the next support point 

  • 0.7389 and 0.7399 = 100/.200 HMA resistance, 0.7404 session high

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