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- EUR/GBP trades a narrow range as markets await ILO unemployment data due ahead in the EU session.
- The pair finds stiff resistance at 0.90 levels, bias remains lower below 5-DMA at 0.8983.
- Technical indicators on daily charts support downside, Stochs, RSI and MACD support bears.
- Major support levels - 0.8936 (hourly 20-SMA), 0.8831 (20-DMA), 0.88 (trendline)
- Major resistance levels - 0.8984 (5-DMA), 0.90 (trendline), 0.9030 (Oct 18 high)
Recommendation: Good to sell rallies around 0.8955/60, SL: 0.90, TP: 0.89/ 0.8830/ 0.88
