EUR/GBP chart - Trading View
EUR/GBP fails to extend previous session's gains, trades 0.36% lower on the day at 0.8769 at around 11:45 GMT.
The pair finds strong support at 200-DMA at 0.8751, break below will see further weakness.
GMMA indicator shows major trend is neutral, while minor trend is bearish. Break below 200-DMA could see shift in major trend.
Technical indicators support weakness in the pair. Price action is below 200H MA and Stochs and RSI show bearish momentum.
Break below 200-DMA will see resumption of weakness. Next immediate support lies at 110-EMA at 0.8698 ahead of 50-DMA at 0.8685.
Failure to break below 200-DMA will see consolidation at current levels. Scope for upside only above 200H MA (0.8925).


CAD/JPY Rockets on Blowout Canadian Jobs Surprise – Bulls Target 113-115 as BoC Cut Odds Collapse
U.S. Banks Report Strong Q4 Profits Amid Investment Banking Surge
European Stocks Rally on Chinese Growth and Mining Merger Speculation
Lithium Market Poised for Recovery Amid Supply Cuts and Rising Demand
Gold Prices Slide as Rate Cut Prospects Diminish; Copper Gains on China Stimulus Hopes
US Gas Market Poised for Supercycle: Bernstein Analysts
FxWirePro: USD/CAD outlook weaker on renewed downside pressure
Yen Storm Hits EURJPY: Crashes Below 181 – Sell the Bounce Intraday! Target 179.50 with Tight Stop Above 181.45
UBS Predicts Potential Fed Rate Cut Amid Strong US Economic Data
FxWirePro- Major European Indices
FxWirePro- Major Crypto levels and bias summary
S&P 500 Relies on Tech for Growth in Q4 2024, Says Barclays
Oil Prices Dip Slightly Amid Focus on Russian Sanctions and U.S. Inflation Data
U.S. Treasury Yields Expected to Decline Amid Cooling Economic Pressures
China’s Growth Faces Structural Challenges Amid Doubts Over Data
FxWirePro: NZD/USD sustains gains as uptrend remains strong
Fed May Resume Rate Hikes: BofA Analysts Outline Key Scenarios 



