Chart - Courtesy Trading View
EUR/GBP was trading 0.20% lower on the day at 0.8270 at around 05:15 GMT.
The pair is on a downward spiral for the 5th consecutive session, edges closer towards channel base.
Momentum is strongly bearish. Stochs and RSI are sharply lower. RSI is well below the 50 mark.
GMMA indicator shows major and minor trend are strongly bearish. Major moving averages are trending lower.
MACD supports weakness in the pair. ADX shows negative DMI dominance which suggests further downside.
Support levels - 0.8250 (Channel base), 0.82, 0.8197 (200-month MA)
Resistance levels - 0.8308 (5-DMA), 0.8337 (200H MA), 0.8357 (20-DMA)
Summary: EUR/GBP trades with a strong bearish bias. Next bear target lies at 0.8250 (Channel base).


FxWirePro: GBP/AUD under pressure as pound continues to weaken
FxWirePro: GBP/AUD downside pressure builds, key support level in focus
FxWirePro :USD/JPY eases slightly, remains on bullish path
FxWirePro- Woodies pivot (Major)
FxWirePro- Major Crypto levels and bias summary
AUDJPY Action Bias: Bullish Dip-Buy Setup Despite Flat Neutral Bias
FxWirePro: USD/ZAR uptrend loses steam, remains on bullish path
FxWirePro- Woodies pivot (Major)
FxWirePro: EUR/NZD up trend gains momentum but hurdles ahead
GBPJPY Slips After Sterling Weakness, Bears Eye 216
NZDJPY Action Bias: Bullish Dip-Buying Opportunity on Broad Yen Weakness
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/NZD gains some ground but bias is still bearish
JPY Action Bias: Bullish Pairs to Watch Out For
FxWirePro: EUR/AUD outlook weaker on renewed downside pressure
FxWirePro: GBP/USD downtrend loses steam but outlook still bearish 



