- EUR/GBP pauses upside at 0.8626, near 3-year highs of 0.8652 (Aug 28th).
- Our previous call (http://www.econotimes.com/FxWirePro-EUR-GBP-finds-major-resistance-at-08330-levels-break-above-to-target-084-227771) has achieved all targets.
- The pair has shown a decisive breakout above major resistance at 0.8330 on the weekly charts.
- Momentum studies are bullish, RSI, Stochs and MACD on the weekly charts support further upside in the pair.
- Rising expectations for Bank of England rate cut (by 25bp) at its August policy meeting adds to pressure on GBP. ECB Draghi's speech later toady will be closely followed for clues.
Recommendation: Book partial profits, raise stops to 0.8330, target 0.87/ 0.8770/ 0.88


Pound Under Pressure as Yen Stabilizes: GBPJPY Bears Target 208 as Key EMAs Hold Resistance
FxWirePro: GBP/USD outlook weaker on renewed downside pressure
Euro Retreats as Geopolitical Tensions Surge: EURUSD Eyes 1.1400 Floor Amid Safe-Haven Demand
FxWirePro: USD/ZAR fibo rejection triggers sizeable pullback
FxWirePro: GBP/NZD remains buoyant, looks to extend gains
FxWirePro: USD/CAD runs out of steam but maintains bullish outlook
FxWirePro: USD/JPY firms as Trump's address on Gulf war spark fresh concerns
FxWirePro- Woodies Pivot(Major)
FxWirePro: EUR/AUD eases slightly but trend is still bullish
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/ZAR sustains gains as uptrend remains strong
FxWirePro: EUR/ NZD steadies around 2.0150, retains bid tone
FxWirePro- Major European Indices
FxWirePro- Major Pair levels and bias summary
Aussie Retreats Against the Yen: AUDJPY Bears Target 108 as 110 Resistance Holds Firm
Bitcoin Battles Volatility: Institutional Support Eyes USD 64,000 Floor Amid Geopolitical Tensions 



