EURGBP broke minor trend line support after forming a temporary top around 0.85819. As long as resistance at 0.8600 holds, intraday bias is bearish. Currently trading at 0.85656, it reached an intraday low of 0.85646.
Technical Analysis
The pair is currently trading below 55 and above 200- EMA and 365-EMA on the 1-hour chart.
Bearish Trend Confirmation: Any break below 0.8550 confirms an intraday bearish trend. A drop to 0.8500/0.8450/0.8400 is likely.
Near-Term Resistance: The near -term resistance is around 0.8600. Any violation above will take the pair to 0.8660/0.8690/0.8725.
Indicator Analysis (1-hour chart)
CCI (50): Bearish
Average Directional Movement Index: Bearish
Trading Recommendation
It is good to sell on rallies around 0.8578-80 with SL around 0.8630 for a TP of 0.8500/0.8450.


Gold Hits 6-Week High: Buy Dips at $4220 as Bullish Momentum Eyes $4400 Breakout
AUDJPY Bears Hold the Line: Sell Rallies at 111.40 as Negative Bias Targets Sharp Drop to 108
Crypto Action Bias: BNB/USD Leads Bullish Momentum as Major Pairs Neutralize
FxWirePro : EUR/NZD gains upside momentum but still bearish
NZDJPY Bears Ready to Strike: Sell Rallies at 93 as EMAs Signal Deeper Slide to 90
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/AUD edges lower, bearish outlook persists
FxWirePro: USD/JPY edges higher as traders eye U.S. Jobs data and Geopolitical developments
Currency Score Alert: GBPUSD, AUDUSD & NZDUSD Top the Charts at 85 – Major Levels to Watch for Bullish Breakouts
EUR/USD Eyes 1.1660 Breakout: Buying Dips Near 1.1530 as Geopolitical Tensions Ease
NZDJPY Bears Reload: Sell Rallies to 90 as All EMAs Turn Hostile
EURUSD Bulls Charge Higher: Buy Dips at 1.1528 as EMA Alignment Eyes Break Above 1.1560
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Woodies pivot (Major)
FxWirePro: NZD/USD eases as NZ unemployment surges in Q2 



