EUR/GBP closes below its 20-day average
The latest completed daily close is 0.8344, versus a 20-observation moving average of 0.8394. The prior completed week traded between 0.8322 and 0.8402. This describes observed price behaviour, not a prediction.
While price remains between 0.8320 and 0.8400, watch how it behaves around the weekly pivot at 0.8361.
A sustained break above 0.8400 would favour the upside scenario. Returning below the pivot would weaken it.
A sustained break below 0.8320 would favour the downside scenario. Recovering above the pivot would weaken it.
Policy event to monitor: the ECB’s next scheduled decision is December 17, 2026. A schedule does not predict the decision or the currency reaction.
Recalculates with source updates. Trend is above/below the 20-day average using a 0.1% neutral band. Pivot = (prior-week high + low + final close) ÷ 3; S1 = 2 × pivot − high; R1 = 2 × pivot − low. In-progress daily candles are excluded. These are conditional technical scenarios, not an editorial forecast or guaranteed targets.