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- Major Pair levels and bias summary
Aussie-Yen Holds Firm Post-BOJ Rate Boost: Intraday Bullish Momentum Intact
FxWirePro: USD/ZAR edges higher but bearish outlook persists
FxWirePro:EUR/AUD eases but bullish outlook persists
FxWirePro: EUR/NZD uptrend loses steam but outlook still bullish
FxWirePro: GBP/NZD retreats slightly but trend is still bullish
CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116
FxWirePro- Major Pair levels and bias summary
NZDJPY Whipsaws After BoJ Hike: Buy-the-Dip Setup Above 89 With Eyes on 92
FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains
FxWirePro: GBP/AUD moves lower on weak UK data
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Woodies Pivot(Major)
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption
BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K
FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook 



