We had seen scope for falls in EUR/GBP in our earlier call (http://www.econotimes.com/FxWirePro-EUR-GBP-trades-a-narrow-range-awaits-UK-and-EU-PMI-data-170288).
- EUR/GBP has now slipped below 0.78 handle following mixed results from manufacturing PMIs in Euroland.
- German and EMU prints have surprised to the upside, while the Spanish, French and Italian readings have missed forecasts.
- UK Feb manufacturing PMI has come in on the weak side at 50.8 vs. 52.2 expected and January's 52.9.
Recommendation: We see scope for test of 0.77 levels, good to sell rallies in the pair, SL: 0.7820, TP: 0.77


FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains
FxWirePro: EUR/NZD uptrend loses steam but outlook still bullish
FxWirePro: GBP/USD dips lower on negative UK retail sales data
USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865
NZDJPY Whipsaws After BoJ Hike: Buy-the-Dip Setup Above 89 With Eyes on 92
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook
FxWirePro: GBP/NZD retreats slightly but trend is still bullish
CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116
FxWirePro: USD/ZAR edges higher but bearish outlook persists
FxWirePro- Woodies Pivot(Major)
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains
FxWirePro: EUR/NZD uptrend loses steam, remains on bullish path 



