EUR/GBP chart - Trading View
EUR/GBP was trading 0.91% higher on the day at 0.9079 at around 17:10 GMT, slightly lower from session highs at 0.9091 hit earlier today.
The pair is extending bounce off 200-DMA support and close above daily cloud will fuel further gains.
British pound under immense pressure across the board following the Brexit deal and virus resurgence.
The UK saw 41,385 cases on Sunday with 357 deaths. The spread of the virus is intensifying offsetting optimism from the vaccination.
European Union ambassadors approved “the provisional application of the EU-UK Trade and Cooperation Agreement as of January 1, 2021”, as widely expected.
Analysts at Nordea Research opine that “this is markets slowly but surely acknowledging that this is not an optimal deal for the UK”.
EUR/GBP trades with a bullish bias and close above daily cloud will support upside. Scope for gains till 0.9175 (trendline resistance).


NZDJPY Bulls Reload: Why 93.50 Is the Line in the Sand for a Run to 97
AUDJPY Reclaims 114: Bears Growl in the Short Term, But Bulls Hold the Line
FxWirePro: EUR/AUD holds narrow range, focus on near-term support
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/NZD stuck in narrow range , outlook bearish
FxWirePro- Woodies pivot (Major)
FxWirePro: USD/CAD extends gains as U.S. dollar gains momentum after strong U.S. NFP data
FxWirePro: GBP/USD neutral in the near-term, scope for downward resumption
EUR/USD Under Siege: Bearish EMA Stack Eyes 1.1525 as Iran Ceasefire Talks Crumble
FxWirePro: USD/ZAR bears maintain upper hand
BTC Cracks Below $65K: Sell the Rip as Iran Tensions and ETF Bleeding Fuel Bears
FxWirePro- Major Pair levels and bias summary
GBP/JPY Bulls Reload at 214: Triple EMA Support Eyes 216–217 Breakout
FxWirePro: GBP/USD falls to two-week low on strong US jobs data
NFP Shockwave Wipes Out EURUSD Gains as King Dollar Roars Back; Bears Target 1.1525 



