EURGBP declined further with intraday bias bearish. It hit a low of 0.8380 at the time of writing and is currently trading around 0.83948.
UK retail sales-
The pair declined further after upbeat UK retail sales. UK retail sales rose by 1% m/m from 0.70% the previous month, compared to a forecast of 0.30%. Annual retail sales jumped 2.5% in August vs. the Forecast of 1.4% y/y. Prior 1.4%.
Technicals-
The pair is trading below 34- and above 55 EMA in the 4-hour chart.
The near-term resistance is around 0.8420, a breach above targets 08450/0.84650/0.84864 (38.2% fib of 0.8624 to 0.8399). Any close above 0.84865 confirms minor bullishness, a jump to 0.8540 is possible. The immediate support is at 0.8380, any violation below will drag the pair to 0.8360/0.8300.
Indicator (4- hour chart)
CCI (14)- Bearish
CCI (50)- Bearish
Average directional movement Index - Bearish
It is good to sell on rallies around 0.8420 with SL around 0.8450 for a TP of 0.8360.


FxWirePro: NZD/USD gains as hawkish RBNZ comments boost Kiwi dollar
Aussie Yen Breaks 114 Barrier: Bulls Lock Horns With Resistance, Eyes on 115 Summit
USD/CHF Smashes Higher to 0.7899 on Dollar Dominance—Bulls Bet on 0.7865 Dips for 0.8000 Breakout
FxWirePro- Woodies pivot (Major)
FxWirePro: GBP/AUD downside pressure builds, key support level in focus
Pound-Yen Roars Back Above 214: Bulls Reload for 216–217 Charge on Dip-Buying Setup
FxWirePro: GBP/NZD extends decline , vulnerable to more downside
FxWirePro: GBP/AUD downside pressure builds, key support level in focus
FxWirePro: GBP/NZD slide extends ,eyes 2.2600 level
FxWirePro: GBP/USD edged higher as hopes for US-Iran deal boost riskier assets
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/AUD downward momentum remains in place
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/JPY edges higher but bulls lack punch
Ethereum Tumbles Below $2K: Bears Eye $1,700 as All Key EMAs Flip Red 



