EUR/GBP chart - Trading View
Technical Analysis: Bias Bearish
- EUR/GBP trades 0.24% higher on the day, tests 0.86 handle
- Price action has edged above 200H MA and hourly cloud
- 5-DMA is turning and MACD shows a bullish crossover on signal line
- Stochs and RSI are on verge of bullish rollover from oversold territory
- Chikou span is also biased higher and GMMA shows bullish shift on intraday charts
Support levels - 0.8573 (converged 200H MA and 5-DMA), 0.85, 0.8466 (110-month EMA)
Resistance levels - 0.8598 (20-DMA), 0.8611 (21-EMA), 0.8686 (55-month EMA)
Summary: EUR/GBP set for minor upside. Reports that the European Union is set to block exports of Oxford-AstraZeneca vaccines to the UK might weigh on the British pound. A significant shortage in vaccine supplies could derail the UK government's plan to exit the current lockdown and dampen prospects for a swift economic recovery. 21-EMA is major resistance at 0.8611, break above to see further gains.


FxWirePro: EUR/CAD slips as firm oil price lift loonie despite soft GDP data
FxWirePro: USD/CNY hits 15-month low , scope for further downside
FxWirePro- Major Pair levels and bias summary
FxWirePro: EUR/AUD slips following RBA minutes , plunge to test a key fibo grows
FxWirePro- Woodies Pivot(Major)
AUDJPY Bulls in Control: Buy the Dips Above 103.80 for a Run Towards 106
CAD/JPY Holds Positive Bias Despite Canada’s Sharp GDP Contraction: Buy Dips Toward 116 Target
FxWirePro: EUR/AUD attracts selling interest, vulnerable to more downside
FxWirePro: EUR/CAD extends fall, vulnerable to more downside
FxWirePro: GBP/USD runs out of steam but maintains bullish outlook
FxWirePro: USD/CAD dips below lower range, bearish bias increases
USD/CHF Bears in Control: Dips Below 0.7870 Signal More Downside Ahead
FxWirePro: USD/JPY extends falls as Japanese yen extends rally after hawkish BoJ minutes
FxWirePro: USD/ZAR down trend loses steam, remains on bearish path
FxWirePro- Major Crypto levels and bias summary 



