EUR/GBP Eases from 0.8575 Resistance but Bullish Bias Holds

EUR/GBP nursed moderate losses on Wednesday after encountering stiff resistance around 0.8575. Sellers emerged at that level, forcing a modest retreat as the pair struggled to find acceptance above it.

Despite the dip, the broader bullish structure has not broken down. The pullback is seen as a normal consolidation within an uptrend, with underlying momentum still favouring further gains once the current resistance is cleared.

Traders now watch whether the cross can hold above nearby support zones. A sustained move back above 0.8575 would likely signal renewed upside momentum.