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EUR/GBP chart - Trading View
EUR/GBP was trading 0.37% higher on the day at 0.8967 at around 07:20 GMT.
The pair has paused 4 straight sessions of downside and is holding support at 21-EMA.
Major trend as shown by the GMMA is bullish. Minor trend is bearish, break below 21-EMA required for bearish continuation.
MACD shows bearish crossover on signal line, raising scope for downside. Stochs and MACD are biased lower.
Next major support lies at 200-DMA at 0.8755. Break below could see shift in major trend to bearish.
Support levels - 0.8919 (Kijun sen), 0.8887 (50% Fib), 0.8755 (200-DMA)
Resistance levels - 0.9032 (38.2% Fib), 0.9052 (5-DMA), 0.9177 (200H MA)
