FxWirePro: USD/ZAR retreats as markets await U.S.-Iran talks and South Africa data 
FxWirePro: EUR/AUD downside pressure builds, key support level in focus 
FxWirePro: GBP/NZD uptrend loses steam, remains on bullish path 
China’s Growth Faces Structural Challenges Amid Doubts Over Data 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: USD/CAD gains as broad dollar strength lifts pair 
FxWirePro- Major Crypto levels and bias summary 
Gold Prices Slide as Rate Cut Prospects Diminish; Copper Gains on China Stimulus Hopes 
FxWirePro- Major Pair levels and bias summary 
Urban studies: Doing research when every city is different 
Gold Pares Gains Amidst Dollar Strength; Technicals Signal Sell-on-Rally Opportunity 
Fed May Resume Rate Hikes: BofA Analysts Outline Key Scenarios 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
Wall Street Analysts Weigh in on Latest NFP Data 
US Gas Market Poised for Supercycle: Bernstein Analysts 
FxWirePro: USD/ZAR rises as dollar gains on Fed hike bets 
Add as a preferred source on Google
EUR/GBP chart - Trading View
EUR/GBP was trading in an extremely narrow range in the early Asian session today.
The pair made a session high of 0.8836 and a low of 0.8811 as price action was seen consolidating previous session's break above 200-DMA.
Data released by the UK Office for National Statistics (ONS) earlier today showed UK CPI 12-month rate came in at +1.5% in March matching expectations and compared to +1.7% in the previous month.
Meanwhile, the core inflation gauge arrived at +1.6% YoY versus +1.7% booked in Feb, also inline with forecasts.
Analysis of the GMMA indicator shows major trend still remains neutral, while minor trend has shown a bullish turn.
Further, MACD is on verge of a bullish crossover on signal line and positive DMI crossover on negative DMI adds to the bullish bias.
Major hurdle lies at upper Bollinger band at 0.8973. Further bullishness could see gains till 0.93 levels.
The pair finds strong support at daily cloud and we see weakness only on break below.
Brexit and coronavirus updates will be crucial to follow amid increasing criticism of the Tory government’s handling of the coronavirus (COVID-19) crisis.
