- EUR/GBP is trading in a narrow range, remains capped no the upside by 5-DMA and holds 20-DMA support on the downside.
- Technical indicators are slightly bearish, RSI and stochs are biased lower.
- Bearish divergence on RSI and Stochs raises scope for downside.
- Break below 20-DMA support at 0.8757, raises scope then for test of 0.8651 (38.2% Fib of 0.92253 to 0.8297 fall).
- Violation at 38.2% Fib will see test of 200-DMA at 0.8622.
- Bearish invalidation on break above 61.8% Fib retrace of 0.92253 to 0.8297 fall at 0.8870.
Support levels - 0.8774 (20-DMA), 0.8719 (June 16 low), 0.8651 (38.2% Fib of 0.92253 to 0.8297 fall)
Resistance levels - 0.8806 (5-DMA), 0.8845 (June 21 high), 0.8870 (61.8% Fib)
Recommendation: We prefer to wait for clear directional bias.
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest.


EUR/USD Rockets Past 1.1560 as Soft U.S. Jobs Data Fuel Fed Rate-Cut Surge
FxWirePro: GBP/AUD under pressure after disappointing U.S. employment data
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Woodies pivot (Major)
Major Pair Currency Score: NZD/USD and AUD/USD Lead Forex Rally with Perfect 100 Scores
FxWirePro: EUR/AUD slips after surprise U.S. employment data
FxWirePro: GBP/USD eases as dollar firms ahead of U.S. June non-farm payrolls report
NZDJPY Bears Lie in Wait: Sell Rallies at 93 for 90 Target with 94 Stop
FxWirePro: USD/CNY slips as strong China exports data Lift yuan
FxWirePro: GBP/USD rises as weak U.S. jobs data pressures dollar
EURGBP Bears Break Trendline: Sell Rallies at 0.8578 as Support Breach Eyes 0.8450 Slide
FxWirePro: EUR/ AUD neutral in the near term, scope further downside
AUDJPY Bears Poised: Sell Rallies at 111.55 for 108 Target with 112.20 Stop
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Pair levels and bias summary 



