Chart - Courtesy Trading View
EUR/GBP was trading 1.33% lower on the day at 0.8622 at around 16:00 GMT.
The pair is extending previous session's slump, dives below 200-week MA support, raising scope for further weakness.
The British pound surged on rumors that the UK Government might be discussing changes in the mini-Budget that roiled markets last month.
Volatility is high and rising, momentum is strongly bearish. Stochs and RSI are sharply lower.
Chikou span is biased lower. MACD supports weakness in the pair. Next immediate support is seen at 110-EMA at 0.8588.


FxWirePro- Major European Indices
FxWirePro- Major Crypto levels and bias summary
UK GDP Flops Again: GBPJPY Drops to 207.22 But Bulls Hold the Line – Buy the Dip to 210?
FxWirePro: EUR/CAD gives back chunk of early gains, eyes another drop
FxWirePro: GBP/AUD recovers slightly but bears are not done yet
FxWirePro: EUR/NZD shows upside momentum, but bearish outlook remains
Sterling Crushed by Double-Contraction GDP – EURGBP Spikes, Next Stop 0.8850–0.8900
FxWirePro: USD/JPY caught in narrow range, bias bearish
FxWirePro: USD/ZAR neutral in the near-term, scope for downward resumption
FxWirePro- Woodies Pivot(Major)
FxWirePro: GBP/USD dips on UK GDP data miss
NZD/JPY: Bearish Momentum Builds — Sell the Rallies Below 90.90 for a Slide Toward 88.00
FxWirePro: AUD/USD dips on soft China data
NZDJPY Poised to Pop: Buy-the-Dip Setup Above Key 90 Support
FxWirePro: GBP/AUD gives up early gains after UK GDP shock
FxWirePro- Major Pair levels and bias summary
FxWirePro: NZD/USD consolidates around 0 .5810,room for further gains 



