EURGBP jumped slightly with no follow-through buying. It hits a high of 0.84472 and is currently trading around 0.84391.
Markets eye UK jobs data tomorrow for further direction.
Technicals-
Intraday trend is neutral.
The pair is trading above 34- and 55 EMA in the 4- hour chart.
The near-term resistance is around 0.84536 (23.6% fib), a breach above targets of 0.84864. Any close above 0.84865 confirms that the intra-day bearish trend got completed, a jump to 0.8540 is possible. The immediate support is at 0.8400, any violation below will drag the pair to 0.83830 (Jul 17th, 2024). Any close below 0.83830 confirms the resumption of a major downtrend, a dip to 0.8330/$0.82550 is possible.
Indicator (4-hour chart)
CCI (14)- Bullish
CCI (50)- Bullish
Average directional movement Index - Neutral
It is good to stay away.


FxWirePro: GBP/USD climbs to 4 -week high as ceasefire deal gives bulls traction
FxWirePro- Woodies Pivot(Major)
FxWirePro: USD/ZAR slips sharply lower as US-Iran ceasefire lifts risk appetite
FxWirePro: EUR/AUD falls below 1.6600 level, plunge to test a key fibo grows
Ethereum Reclaims Higher Ground: Ether Bulls Target $2,700 as Middle East Tensions Thaw
FxWirePro: EUR/NZD remains under pressure as key support gives way
FxWirePro:NZD/USD jumps as RBNZ warns of higher OCR potential
NZD/JPY Rockets as Kiwi Dollar Resilience Defies the Oil Shock
FxWirePro: EUR/ NZD downside pressure builds, key support level in focus
Aussie Bulls Charge: AUD/JPY Rallies as Geopolitical Clouds Part
Bitcoin Breaks the $70,000 Barrier: Bulls Target the $80,000 Horizon as Geopolitical Relief Ignites Crypto Markets
FxWirePro: AUD/USD edged lower as early optimism over U.S.–Iran peace talks fade
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/AUD downtrend extends, eyes 1.8900 evel
FxWirePro: GBP/AUD takes back some lost ground
Pound Sterling Power: GBP/JPY Secures Third Day of Gains as Global Risk Tensions Recede 



