• EUR/GBP trades a narrow range ahead of Bank of England policy meet.
   
• BOE is widely expected to leave its monetary policy settings unadjusted and remain in a wait-and-see mode.
   
• Minutes will gather more attention as markets try to gauge the central bank course of action going forward.
   
• Price action in the pair is holding above daily cloud and 50-DMA at 0.8474 is strong support.
   
• Our previous call (http://www.econotimes.com/FxWirePro-EUR-GBP-upside-capped-by-5-DMA-at-08392-long-break-above-274335) has achieved all targets.
   
• Techs have a slightly positive bias, breakout above 20-DMA at 0.8496 to see further upside upto 0.8545 and then 0.8575.
   
• On the flipside, break below 50-DMA should see weakness upto 0.8325 (trendline).