EUR/GBP Technical: Medium-Term Bullish Basing as BoE Looms

<p><img width="416" height="261" src="https://www.actionforex.com/wp-content/uploads/2018/04/f-eur-gbp3-e1600272819744.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" /></p>
<p>Three key technical developments have suggested that the EUR/GBP cross pair has formed a potential medium-term bullish basing configuration since 23 August 2023 Watch the key short-term support at 0.8680. Immediate resistances stand at 0.8750 and 0.8820. The price actions of the EUR/GBP cross pair have started to trace out a medium-term bullish basing configuration [&#8230;]</p>
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