EURGBP Daily – My Take (June 30, 2026)

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EURGBP Daily – My Take (June 30, 2026)Euro vs. Great British PoundFX:EURGBPClearTradingMindLooking at this daily chart, I can see price has been in a clear downtrend for a while now, dropping from those highs around 0.88200 down to the current levels near 0.86077. We've been making lower highs and lower lows, which is textbook bearish behavior. The recent bounce we saw seems to be stalling out, and I'm thinking the selling pressure is going to continue. What catches my eye is that "Expect Here~" label marked down at 0.85650. That tells me someone is expecting price to push lower to that level, and honestly, that makes sense to me given the trend. We haven't seen any strong reversal signals yet, and the momentum still looks bearish. I'm thinking this is a continuation play to the downside. If price breaks below that recent low around 0.85800, I think we could see a move down to that 0.85650 target. The daily timeframe gives this trade a longer-term view, so I'd be looking to hold this for a few days or even weeks if the trend continues. If price instead breaks above the recent swing high and starts making higher highs, then my bearish idea is wrong and I'd stay out. But for now, the path of least resistance seems to be down. Simple plan—sell on the breakdown, target 0.85650. Let's see if the bears stay in control.