EUR/GBP chart - Trading View
EUR/GBP was trading 0.30% lower on the day at 0.8472 at around 09:00 GMT, outlook is bearish.
The pair has slipped to fresh lows since February 2020 and charts indicate more downside for the pair.
A highly successful vaccination distribution program and the gradual reopening of the UK economy is keeping the pound supported.
Technical bias for the pair shows extension of weakness. Momentum strongly bearish and volatility is high and rising.
Analysis of GMMA indicator shows major and minor trend on the daily charts are strongly bearish.
Recovery attempts failed at 21-EMA. The pair is extending weakness below 76.8% Fib.
110-month EMA at 0.8464 is major hurdle for bears. Decisive break below will open downside. Scope for test of 88.6% Fib at 0.8415.


AUDJPY Reclaims 114: Bears Growl in the Short Term, But Bulls Hold the Line
FxWirePro- Major Pair levels and bias summary
EUR/USD Under Siege: Bearish EMA Stack Eyes 1.1525 as Iran Ceasefire Talks Crumble
FxWirePro USD/CAD steadies around 1.3910,retains bid tone
GBP/JPY Bulls Reload at 214: Triple EMA Support Eyes 216–217 Breakout
FxWirePro: GBP/NZD gains some ground but outlook is bearish
FxWirePro- Woodies pivot (Major)
FxWirePro- Major Crypto levels and bias summary
Kiwi-Yen Bulls Reload at 93: EMA Support Stack Points to 96–97 Targets
Aussie-Yen Pulls Back to 114 — But Bulls See a Dip-Buying Run to 117
FxWirePro: GBP/NZD stuck in narrow range , outlook bearish
FxWirePro: EUR/AUD holds narrow range, focus on near-term support
FxWirePro: AUD/USD softens as risk appetite abates
FxWirePro: EUR/NZD tight ranges prevail as market waits for fresh catalyst
FxWirePro: NZD/USD hovers near one-week low, outlook bearish
NFP Shockwave Wipes Out EURUSD Gains as King Dollar Roars Back; Bears Target 1.1525
FxWirePro: GBP/AUD regains upwards momentum but unable to hold above 38.2% fib 



