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: USD/JPY remains in familiar place on intervention threat
NZDJPY Dips to 95.10: Bulls Buy the Pullback as Key 93.50 Support Keeps Uptrend Intact
BTC Craters Below All Key EMAs: $2.63B ETF Selloff Triggers 'Sell on Rallies' to $67K
Pound Power Drives GBPJPY Past 214.50 — Buy-the-Dip Setup Targets 217
FxWirePro- Major Pair levels and bias summary
FxWirePro: AUD/USD steadies around 0.7185, US-Iran news remains key
FxWirePro: USD/CAD bulls continue to hold the higher ground
FxWirePro: GBP/USD remains range-bound amid growing Middle East instability concerns
FxWirePro- Major Crypto levels and bias summary
EURJPY Extends 5-Day Winning Streak Toward 186 — Bulls Reload on Dips for 188 Target
FxWirePro- Woodies pivot (Major)
FxWirePro- Major Pair levels and bias summary
AUDJPY Powers Above 114.50 on Aussie Strength—Bulls Target 116.25 on Dips to 113.85
FxWirePro: GBP/NZD extends decline , vulnerable to more downside
FxWirePro: GBP/NZD recovers some ground but bearish outlook persists
FxWirePro- Woodies pivot (Major) 



