EURGBP pared some of its gains after UK jobs data. Intraday bias remains bearish as long as the resistance 0.8750 holds. It hits an intraday low of 0.86320 and is currently trading around 0.86338.
Technical Analysis
The pair is currently trading below 55 and above 200-EMA and 365-EMA on the 4-hour chart.
Bearish Trend Confirmation: Any break below 0.8630 confirms an intraday bearish trend. A drop to 0.8600/0.8560/0.8520/0.8480 is likely. Near-term support is around 0.8630.
Near-Term Resistance: The near-term resistance is around 0.8680. Any violation above will take the pair to 0.8750/0.8800/0.8850.
Indicator Analysis (4-hour chart)
CCI (50): Bearish
Average Directional Movement Index: Bearish
Trading Recommendation
It is good to sell on rallies around 0.8700 with SL around 0.8750 for a TP of 0.8600.


Aussie Retreats Against the Yen: AUDJPY Bears Target 108 as 110 Resistance Holds Firm
FxWirePro- Major European Indices
FxWirePro:NZD/USD drifts lower, could be on verge of bigger drop
AUDJPY Pullback Intensifies: Resistance at 110.00 Signals Short Opportunity
FxWirePro: USD/CNY gains some ground but bearish outlook persists
Ethereum Rises on Geopolitical De-escalation: Pezeshkian’s Peace Signal Ignites Bullish Momentum
Ethereum Retreats Toward USD 2,000: Technicals Signal Caution as ETH Mimics Bitcoin’s Pullback
Bitcoin Recovers Amid Easing Geopolitics: Bulls Target USD 80,000 Support Rebound
Euro Retreats as Geopolitical Tensions Surge: EURUSD Eyes 1.1400 Floor Amid Safe-Haven Demand
FxWirePro: GBP/USD recovers but bears are not done yet again
FxWirePro: USD/ZAR fibo rejection triggers sizeable pullback
FxWirePro: GBP/NZD range to extend until there is game changing news
FxWirePro: AUD/USD downside pressure builds, key support level in focus
FxWirePro: NZD/USD cautiously bid as traders sense end to Iran war
FxWirePro- Major Pair levels and bias summary 



