EUR/GBP advances beyond 0.7800 ahead of UK labour market data, extending gains after solid performance of the shared currency overnight.
- Offered tone in the sterling extends higher ahead of the upcoming UK labour market data.
- Expectations are for the Claimant Count Change decreasing by 1.4K during January, while the jobless rate is expected to tick lower to 5.0% from 5.1% in the previous month.
- The risk-off trade seems to be back to the global markets at the end of the Asian session pushing higher the demand for EUR.
- Technicals indicate further upside, moving averages are biased higher, and so is the momentum as indicated by daily Stochs.
- 5-DMA at 0.7782 is immediate support on the downside, while 0.7850 (Feb 9th highs) is immediate resistance on the upside.
Recommendation: Buy dips around 0.7820, SL: 0.7780, TP: 0.7850/0.79


CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116
FxWirePro- Major Crypto levels and bias summary
Aussie-Yen Holds Firm Post-BOJ Rate Boost: Intraday Bullish Momentum Intact
BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K
FxWirePro: GBP/USD dips lower on negative UK retail sales data
FxWirePro: USD/ZAR edges higher but bearish outlook persists
FxWirePro- Woodies Pivot(Major)
FxWirePro: GBP/NZD retreats slightly but trend is still bullish
FxWirePro- Woodies Pivot(Major)
FxWirePro:EUR/AUD eases but bullish outlook persists
FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike
FxWirePro: EUR/NZD uptrend loses steam but outlook still bullish
FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook
FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains
FxWirePro: GBP/NZD attracts buying interest, 38.2% fib eyed 



