EURGBP Long-Term Bias Still Bearish

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EURGBP Long-Term Bias Still BearishEuro vs. Great British PoundFX:EURGBPKinkiHuangEURGBP has been gradually recovering from the July low, and on the Daily timeframe, price is currently forming a series of higher highs and higher lows. So in the short term, the structure is showing some bullish momentum. However, my longer-term view remains bearish. The main reason is the 200 EMA, currently sitting around the 0.8613 area. This is the key level I’m watching before changing my longer-term bias. For now: 🔸 Short-term structure → Higher Highs & Higher Lows 📈 🔸 200 EMA: ~0.8613 — key resistance 🔸 Long-term bias → Still looking for SELL opportunities 📉 🔸 Current rising structure could potentially develop into a continuation pattern If price gets rejected around the 200 EMA and subsequently breaks below the rising trendline, I’ll be watching for bearish continuation back towards the previous lows. However, if EURGBP can break and hold above the 200 EMA, then I’ll reassess my bearish view rather than forcing a sell. Short-term bullish structure, but long-term bearish bias remains. The 200 EMA is my line in the sand. 👀 This is my personal market analysis and not financial advice. Always manage your own risk. #EURGBP #Forex #ForexTrading #PriceAction #TechnicalAnalysis #TradingView #ForexAnalysis #bottradingwithkinki