EUR/GBP was rejected at cloud base by 0.7196 on Friday. The pair has retraced from 0.7196 levels, was modestly bid in Asia, 0.7126 - 0.7146 range and is currently trading at 0.7141.
- Techs continue to suggest that cloud base/100 DMA will stem further rises, pair has broken below 10 DMA at 0.7141, suggest further downside for now, test of 0.7041 (Nov 5th lows) likely
- The pair has immediate resistance at 0.7196 (Daily Cloud Base) and support on the downside at 0.7108 (Daily Low Nov 8)
Recommendation: Good to sell rallies around 0.7140/50, SL: 0.72, TP: 0.7045
Resistance Levels:
R3: 0.7205 (100 DMA)
R2: 0.7199 (Daily High Oct 30)
R1: 0.7196 (Daily Cloud Base)
Support Levels:
S1: 0.7108 (Daily Low Nov 8)
S2: 0.7043 (11 Wk Low Nov 5)
S3: 0.7027 (Daily Low Aug 18)


FxWirePro: GBP/NZD sell bias remains below key resistance zone
FxWirePro: GBP/NZD retreats despite upbeat UK GDP growth data
FxWirePro: USD/JPY steadies around 159.30,retains bid tone
FxWirePro: EUR/ AUD retreats, focus on near term support
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major Crypto levels and bias summary
FxWirePro: AUD/USD gains modestly as softer U.S. data pressures greenback
Currency Major Pairs: GBPUSD & AUDUSD Extremely Bullish as USDCAD Turns Deeply Bearish and Major levels to watch
FxWirePro: NZD/USD edges higher as dollar weakens after tame US PPI data
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/CNY hovers near a 3-1/2-year low, outlook bearish
FxWirePro: USD/ZAR recovers as traders assess US and South African data
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/USD rises to 1-month peak as USD weakens
FxWirePro: EUR/ AUD eases slightly, focus on near term support 



