Chart - Courtesy Trading View
EUR/GBP spiked sharply higher on the day and was trading 0.63% higher at 0.8354 at around 12:00 GMT, slightly lower from session highs at 0.8366.
The pair has shown a break above daily cloud and 50-DMA, raising scope for further gains.
5-DMA and RSI have turned north and RSI has edged above the 50-mark. Stochs are on verge of bullish rollover from oversold levels.
GMMA indicator shows major trend is bearish, while minor trend is turning bullish.
Price action has edged above 200H MA. Decisive break above cloud and 50-DMA will reinforce further upside.
Traders will further take cues from the Bank of England Governor Andrew Bailey's appearance at an event in Washington DC.
Support levels - 0.8329 (cloud base), 0.8308 (200H MA), 0.83 (5-DMA
Resistance levels - 0.8349 (50-DMA), 0.8388 (110-EMA), 0.8448 (200-DMA)
Summary: EUR/GBP was trading pivotal at 50-DMA and cloud top. Watch for decisive break above for upside continuation.


ETH Cracks Below $2K: $241M ETF Selloff Sparks 14-Day Exodus as Bears Target $1,700
AUD/JPY Smashes Multi-Week Resistance at 114.73 After Prolonged Consolidation; Triple EMA Setup Targets 117
FxWirePro: EUR/AUD dips towards 1.6200 level, scope for further downside
FxWirePro- Woodies pivot (Major)
FxWirePro: USD/JPY upside capped as intervention risk limit upside
FxWirePro- Major Pair levels and bias summary
Pound Power Drives GBPJPY Past 214.50 — Buy-the-Dip Setup Targets 217
FxWirePro: GBP/USD range-bound as Iran uncertainty keeps traders cautious
FxWirePro: USD/CAD bulls continue to hold the higher ground
FxWirePro: EUR/AUD holds narrow range, focus on near-term Support
NZD/JPY Springs Off 38.2% Fib Support: Triple EMA “Buy the Dip” Setup Eyes 96.15–97
GBP/JPY Holds the 215 Line as Yen Momentum Fades; Triple EMA Bulwark Eyes 217
FxWirePro- Woodies pivot (Major)
FxWirePro: GBP/NZD edges higher but outlook is bearish
EURJPY Extends 5-Day Winning Streak Toward 186 — Bulls Reload on Dips for 188 Target
FxWirePro- Major Crypto levels and bias summary 



