EUR/GBP chart - Trading View
EUR/GBP is extending bearish bias for the 3rd straight session, bias strongly bearish.
The pair was trading 0.31% lower on the day at 0.8522 at around 09:20 after testing fresh 12-month lows at 0.8509 earlier today.
A highly-successful vaccination distribution program and the diminishing possibility of further monetary policy easing by the Bank of England keep the pound buoyed.
On the other side, concerns that pandemic-related restrictions could derail the fragile Eurozone economic recovery amid the slow pace of vaccinations dent euro.
EUR/GBP has slipped to the lowest level since February 2020 and charts indicate more downside for the pair.
Technical bias for the pair is strongly bearish. Recovery attempts failed at 21-EMA. Scope for test of 88.6% Fib at 0.8415.
That said, recent escalation of diplomatic tensions between the UK and China might limit the downside for the EUR/GBP cross. Bearish invalidation only above daily cloud.


Kiwi-Yen Bulls Reload at 93: EMA Support Stack Points to 96–97 Targets
GBP/JPY Bulls Reload at 214: Triple EMA Support Eyes 216–217 Breakout
FxWirePro- Woodies pivot (Major)
FxWirePro: NZD/USD hovers near one-week low, outlook bearish
FxWirePro: AUD/USD softens as risk appetite abates
GBPJPY Claims 215: Sterling Bulls Forge Ahead with Locked-In Momentum
EUR/USD Under Siege: Bearish EMA Stack Eyes 1.1525 as Iran Ceasefire Talks Crumble
NFP Shockwave Wipes Out EURUSD Gains as King Dollar Roars Back; Bears Target 1.1525
FxWirePro: GBP/USD falls to two-week low on strong US jobs data
FxWirePro- Woodies pivot (Major)
FxWirePro: AUD/USD edges lower as risk appetite sours on Geopolitical woe
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Crypto levels and bias summary
NZDJPY Bulls Reload: Why 93.50 Is the Line in the Sand for a Run to 97
Aussie-Yen Pulls Back to 114 — But Bulls See a Dip-Buying Run to 117
AUDJPY Reclaims 114: Bears Growl in the Short Term, But Bulls Hold the Line 



