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All ideas/EURGBP

Euro-sterling pinned in a tight band as both sides show soft data

EURGBP1-3 daysRangepublished 06:31 · updated never, that’s the point
0.8340Daily closes, last 40 sessions, with the levels this idea names
0.85860.8525

40 sessions, 0.8579 to 0.8340; levels: resistance 0.8586, support 0.8525

LevelPriceWhy it matters
Resistance0.858630-day range high
Support0.852530-day range low

Levels read 06:30 UTC, 1 Sept 2026 · EdgeHog engine · 2026-09-01T06:30:02.843Z

Weak German retail sales and tepid UK house-price growth are landing on both sides of this cross, and it shows in the narrow range.

EURGBP's last close of 0.85749 sits just above its 50-day average of 0.8545 and inside a tight 30-day range of 0.8525–0.8586. Germany's -3.4% retail sales miss and the UK's soft house-price update both point to sluggish domestic conditions, which may explain why the cross hasn't picked a direction.

What would void this

A break outside the 0.8525–0.8586 band, or a sustained move away from the 50-day average of 0.8545, would suggest the balance between the two economies' data has shifted.

How this idea was made

free · public

Every number the engine used, and the checks it had to pass.

a computed level — 0.85749

a computed level — 0.8545014

a computed level — 0.8525

Checks passed source evidence ✓ · model reviews 4/4 · compliance ✓

Rejected in the same run — we show the misses too

BTCUSD, 1-3 days: Bitcoin trades below its recent high and above its 50-day average dropped: checkText: missing-justification

On the ledger

Invalidated

Invalidated — daily close 0.8592 above 0.8586, 02 Sept 2026

View conditions

Dated audit history

  • 3 Sept 2026, 23:30 UTC · Machine audit record · Invalidated

    Invalidated — daily close 0.85923 above 0.8586, 02 Sept 2026

Original audit entries remain visible, including superseded attempts. The current recorded outcome appears above. A recorded condition is not a trading return.

EURGBP now

Last close0.8340Prior close0.834450-day average0.847230-day range0.8296 to 0.850552-week high0.879052-week low0.8296
Everything on EURGBP

Recent calls on EURGBP

  • EURGBP: Conditional market observation05 Nov, 3 sessions, open
  • EURGBP: Conditional market observation26 Sept, 3 sessions, played out
  • Euro/pound sits under its 30-day range top05 Sept, 1-3 days, played out