EURGBP DAILY OUTLOOK: Why I say watch this cross

Trader 1 · July 16, 2026
General

It is said that one picture says a  thousand words. In this case it is these two charts indicating the impact of EURGBP on GBPUSD over the past two days (i.e. market having more trouble absorbing the GBPUSD side of the cross flow).

Note how GBPUSD (lower high) and EURGBP (higher low) are mirroring each other.

While 1.35 is pivotal in GBPUSD, .8500 has a similar role in EURGBP>

(AT 4 hour charts)

 

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