EUR/GBP chart - Trading View
Technical Analysis: Bias Bearish
- EUR/GBP spikes over 1.35% to trade at 0.9133 at around 11:20 GMT
- Price action has broken above daily cloud
- Volatility is rising as evidenced by widening Bollinger bands
- Momentum is bullish. Stochs and RSI are biased higher
- MACD and ADX support upside in the pair. MACD confirms bullish crossover on signal line
Support levels - 0.9078 (daily cloud), 0.9042 (5-DMA), 0.9006 (55-EMA)
Resistance levels - 0.92 (Wedge top), 0.9291 (Sept 11 high), 0.93 (psychological mark)
Summary: The British pound collapsed across the board on reports that UK Prime Minister Boris Johnson is "ready to pull out of Brexit talks". Commenting on the prospects of an EU-UK trade deal, EU Commissioner for Financial Services, Mairead McGuinness, said "it's not looking good. The UK s failing to understand the need for compromise." Technical studies also support upside in the pair. Scope for test of 'Wedge top' at 0.92. Break above will fuel further gains.


Energy Surge Ignites US Inflation: USDCHF Eyes Support Amid Dollar Sell-Off
FxWirePro- Woodies Pivot(Major)
FxWirePro:NZD/USD uptrend loses momentum but bullish setup remains
FxWirePro- Major European Indices
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption
FxWirePro: AUD/USD retreats slightly but trend is still bullish
FxWirePro: GBP/NZD up trend gains some momentum but hurdles ahead
FxWirePro: GBP/USD bulls remain cautiously optimistic
FxWirePro: GBP/AUD gains some upside momentum but still bearish
FxWirePro: USD/CAD extends decline on broad dollar weakness
FxWirePro: EUR/AUD under pressure as key support gives way
FxWirePro: USD/ZAR recovers slightly but trend is still bearish
FxWirePro- Major Pair levels and bias summary
Ethereum Consolidates: Bullish Technicals Point to a Potential $3,000 Breakout 



