FxWirePro: EUR/GBP halts 3-day losing streak, edges above 0.77 handle

• The latest Brexit polls once again showed an overall lead for ‘Remain’ group. Results were mixed, 2 out of 3 Brexit polls put the 'Remain' camp in the fore-front.
   
• EUR/GBP halts 3-day losing streak and edges higher to hit session highs of 0.7744. The pair has taken minor support at 0.7682.
   
• However, relief rally is likely to be short-lived, we see scope for test of 0.76 levels.
   
• Risk sentiment recovers driving the Asian equities further into the positive territory and weighing on the single currency.
   
• Technically, the pair has broken below 20-DMA and is on track to test 200-DMA at 0.7565.
   
• German ZEW survey ahead of Yellen’s testimony in focus for fresh momentum in the pair.
   
• Our previous call (http://www.econotimes.com/FxWirePro-GBP-bulls-relentless-on-rising-Bremain-support-EUR-GBP-below-078-handle-good-to-sell-rallies-223819) has achieved all targets.
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Recommendation: Book partial profits, lower trailing stops to 0.7780, target: 0.7660/ 0.76/ 0.7565