Chart - Courtesy Trading View
Technical Analysis: Bias Bearish
- EUR/GBP was trading 0.30% lower on the day at 0.8398 at around 11:20 GMT
- Price action has slipped into the daily cloud, scope for further downside
- The pair failed to extend break above 200-DMA which is major resistance at 0.8464
- Price action was rejected at channel top resistance, further upside only on break above
- Stochs and RSI are biased lower, Stochs show bearish rollover from overbought levels
- The pair hovers around 200H MA and 21-EMA support at 0.8398, break below to plummet prices
Support levels - 0.8398 (nearly converged 200H MA and 21-EMA), 0.8381 (55-EMA), 0.8367 (50-DMA)
Resistance levels - 0.8409 (110-EMA), 0.8417 (Cloud top), 0.8464 (200-DMA)
Summary: EUR/GBP is trading with a bearish bias. The pair is holding support at 200H MA and 21-EMA. Break below to plummet prices further.


FxWirePro: AUD/USD eases amid uncertainty over the U.S.–Iran standoff
FxWirePro: EUR/ NZD stuck in range but outlook is bearish
AUD/JPY Smashes Multi-Week Resistance at 114.73 After Prolonged Consolidation; Triple EMA Setup Targets 117
FxWirePro: GBP/AUD recovers some ground, geopolitics holds center stage
FxWirePro: EUR/AUD holds narrow range, focus on near-term Support
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/NZD edges higher but outlook is bearish
NZDJPY Catches Its Breath: Bulls Defend 94 Floor With Sights Set on 96–97
FxWirePro: GBP/USD remains range-bound amid growing Middle East instability concerns
FxWirePro: EUR/AUD dips towards 1.6200 level, scope for further downside
ETH Cracks $2,000: $241M Institutional Exodus From Spot ETFs Sends Bears Hunting $1,700
FxWirePro: NZD/USD eases as Middle East tensions weigh on sentiment
GBP/JPY Holds the 215 Line as Yen Momentum Fades; Triple EMA Bulwark Eyes 217
EURJPY Extends 5-Day Winning Streak Toward 186 — Bulls Reload on Dips for 188 Target
FxWirePro- Major Pair levels and bias summary 



