EUR/GBP chart - Trading View
EUR/GBP trades rangebound on the day, at 0.8879 at 06:20 GMT.
The pair is extending breakout at 200-DMA, momentum studies are bullish.
Focus on Eurozone CPI data. The single currency may come under pressure if the Eurozone inflation data prints well below estimates.
Markets expect the Eurozone's preliminary Consumer Price Index - Core (YoY) (May) of 0.9%.
A better-than-expected Eurozone inflation would bolster the already bullish technical setup, opening doors for a move above 0.89 handle.
Next major bull target lies at 0.8993 (61.8% Fib). Retrace below 200-DMA negates bullish bias.
For details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex.


FxWirePro: NZD/USD consolidates overnight gains, but loses momentum
FxWirePro: AUD/USD gains some ground but outlook is bearish
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/AUD drifts lower after BOE rate decision
Nikkei Surges Past 65,000 on Suspected Yen Weakness: Tech Giants Like Advantest and NEC Lead Explosive Gains
NZDJPY Retreats on Yen Strength – Bearish Setup Targets 90 After Hitting 92.75 Low
FxWirePro: GBP/USD rises as soft US data pressures dollar
FxWirePro: GBP/AUD bears maintain upper hand
US Magnificent 7 Stocks Trend Score: Amazon & Microsoft Hit Extreme Bullish (+100) as Meta Drops to -100 — Key Resistance & Support Watchlist
FxWirePro- Woodies pivot (Major)
AUD/JPY Slips Below 112 as BOJ Intervention Sparks Bearish Momentum: Sell the Rallies
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support
FxWirePro: USD/CNY dips to hit three year low,scope for further downside
Major European Indices Score Extremely Bullish: DAX Eyes 26000, CAC Targets 8600, FTSE100 at 11000 – Key Levels to Watch
FxWirePro- Major Pair levels and bias summary
AUDJPY Volatile After Massive Sell-Off: Sell Rallies at 113, Targeting 110 as Bearish Momentum Surges 



