The pair shows some bullish bias since morning, and remains below 1.2900, keeping the preferred bearish trend scenario efficient for today, supported by Stochastic losing its bullish momentum clearly.

EMA50 keeps supporting the suggested bearish trend.

Expected trading range for today is between: 1.2700 support and 1.2940 resistance.

Expected trend for today: Bearish

The EUR/GBP still suffers the negative pressure the upper line, or resistance, of the downtrend is applying. That helps us maintain expectations of the downtrend over intraday basis, which stands valid as long as the trading remains below 0.8500.

**Trend is short-term (less than 3 months)

**Chart is based on GMT +2

Notes:

- If the price reaches more than 80% of the target before triggering entry, the signal is invalid.

- Clearence is for -/+ 5-point margin.

The EUR/JPY continues to be volatile above 131.50, level of a solid support over intraday basis, as it attempts to exceed the 132.50 barrier. We prefer to stand aside waiting to see how the price behaves with the aforesaid levels.

**Trend is short-term (less than 3 months)

**Chart is based on GMT +2

Notes:

- If the price reaches more than 80% of the target before triggering entry, the signal is invalid.

- Clearence is for -/+ 5-point margin.

The GBP/JPY touched the bearish channel's support, shown in the graph, but is steadying above it. That helps us maintain previous expectations of the uptrend, targeting 156.75. If that level is breached, the path will be cleared for the pair to head towards 158.30.

**Trend is short-term (less than 3 months)

**Chart is based on GMT +2

Notes:

- If the price reaches more than 80% of the target before triggering entry, the signal is invalid.

- Clearence is for -/+ 5-point margin.