EUR/GBP has halted uptrend from 0.7526 lows, has retraced after hitting strong trendline resistance at 0.7710 levels.
- We have evidenced spinning top and Doji formation on 4-hourly candle when price action hit the resistance line, thus raising scope for downside.
- Technicals also support further lows, RSI, Stcohs and MACD convergence is seen on the 4-hourly charts.
- The pair is currently trading at 0.7672, immediate resistance is seen at 0.7688 (session highs) ahead of 0.7710 (falling trendline).
- Supports on the downside are located at 0.7643 (5-DMA) and further below at 0.7620 (10-DMA).
Recommendation: Good to sell rallies around 0.7680, SL: 0.7720, TP: 0.7630/0.7595/0.7540


Aussie-Yen Holds Firm Post-BOJ Rate Boost: Intraday Bullish Momentum Intact
FxWirePro- Woodies Pivot(Major)
FxWirePro- Major European Indices
FxWirePro: GBP/NZD retreats slightly but trend is still bullish
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains
USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook
FxWirePro: EUR/NZD uptrend loses steam, remains on bullish path
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption
FxWirePro: GBP/AUD moves lower on weak UK data
FxWirePro:EUR/AUD eases but bullish outlook persists
FxWirePro: USD/ZAR edges higher but bearish outlook persists
FxWirePro: GBP/NZD attracts buying interest, 38.2% fib eyed
FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike
FxWirePro- Major Pair levels and bias summary 



