FxWirePro: AUD/USD gains on Iran-US truce hopes, risk rally 
FxWirePro: USD/ZAR retreats slightly but bias is bullish 
FxWirePro- Major Pair levels and bias summary 
FxWirePro :USD/JPY eases slightly, remains on bullish path 
Crypto Bias Report: Trend Signals and Top Bullish Picks 
JPY Action Bias: USDJPY, EURJPY, and CADJPY Emerge as Top Extremely Bullish Picks 
BTC, ETH, SOL, XRP, and BNB: Major Crypto Pairs Stay Neutral 
Major Pairs Action Bias: USDCHF Emerges Extremely Bullish as EURUSD and GBPUSD Turn Deeply Bearish 
NZDJPY Bullish Dip-Buy Setup: 93.60 Support Unlocks Path to 97 
FxWirePro: NZD/USD gains as U.S.-Iran peace hopes boost risk sentiment 
FxWirePro: GBP/NZD gains some ground but outlook is bearish 
FxWirePro: GBP/USD downtrend loses steam but outlook still bearish 
FxWirePro: GBP/NZD downside pressure builds, key support levels in focus 
FxWirePro: USD/CAD edges lower but bullish outlook persists 
FxWirePro: EUR/NZD downside pressure builds, key support level in focus 
Chart - Courtesy Trading View
EUR/GBP was trading 0.41% higher on the day at 0.8491 at around 16:10 GMT.
The pair has slipped lower from session highs at 0.8499, scope for further gains above 0.85 handle.
In its quarterly publication released on Thursday, the European Commission slashed Euro area GDP forecast to 2.6%, down from 2.7% in previous outlook.
The European Commission now sees euro area inflation at 7.6% in 2022, up from 6.1% in previous outlook.
The quarterly forecasts have little to no impact on the shared currency, as EUR/GBP continues to push higher.
Price action has bounced off 200-DMA support and weakness only on break below. A Golden Cross also limits downside in the pair.
Support levels - 0.8479 (110-EMA), 0.8457 (5-DMA), 0.8439 (200-DMA)
Resistance levels - 0.8511 (55-EMA), 0.8524 (21-EMA), 0.8552 (20-DMA)
Summary: EUR/GBP is on track for more upside. Scope for test of 55-EMA at 0.8511. Break above cloud will support further gains.
