EUR/GBP chart - Trading View
EUR/GBP was traiding largely unchanged on the day at 0.9086 at around 09:45 GMT, bias is slightly bullish.
The British pound weighed by the lack of progress in Brexit talks and the discovery of a new covid variant in the UK.
Tougher restrictive measures were declared across the UK and several countries around the world banned flights coming from the nation.
On the Brexit front, fisheries issues remain unsolved and significant gaps remain in talks.
Meanwhile, the pound picks up fresh bids in reaction to the upbeat UK GDP numbers. UK final GDP was revised up to 16% QoQ in Q3 vs. 15.5% expected and 15.5% last.
On an annualized basis the figure stood at -8.6% vs. -9.6% expected and -9.6% seen previously. The Current Account numbers for Q3 came in at GBP-15.6 B versus GBP-11 B expected and GBP -2.8 B prior.
EUR/GBP slipped lower from session highs at 0.9132 and was hovering around 200H MA at 0.9086 at around 09:50 GMT.
Break below 200H MA will plummet prices further. Next major support lies at 5-DMA at 0.9055.


FxWirePro: USD/JPY eases ahead of Fed decision , Intervention risks linger
FxWirePro: EUR/AUD regains upwards momentum but unable to hold above 50%fib level
FxWirePro: NZD/USD firms as Kiwi gains on strong ANZ business outlook data
Buy the Dips on EUR/JPY: Bullish Structure Points to 188 Target Ahead of Fed
FxWirePro : GBP/NZD strongly bearish despite upside attempts
Major Forex Pairs Action Bias: GBPUSD and AUDUSD Turn Extremely Bearish
FxWirePro: EUR/ AUD gains some ground , but remains on bearish path
FxWirePro: AUD/USD dips below lower range, bearish bias increases
FxWirePro: USD/ CNY hits one-month low,scope for futher downside
JPY Pairs Action Bias: EURJPY Leads as Bullish Standout Amid Mixed Momentum
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Pair levels and bias summary
NZD/JPY Flatlines Near 94.60: Will Key Support Reignite the Uptrend?
FxWirePro: GBP/AUD gains some upside momentum but still bearish
FxWirePro- Woodies pivot (Major) 



