- Flash euro-zone PMI data released earlier failed to impress EUR bulls. On the other side, Great Britain CBI Trends failed to provide evidence of post-Brexit economic fallout.
- A broad-based recovery in the sterling and a muted euro have triggered a near-term corrective move in EUR/GBP.
- EUR/GBP is now correcting over 100-pips from a multi-month high level of 0.8725 hit in the previous week.
- The pair has slipped below 0.86 handle to hit session lows of 0.8588.
- Price action on the day is capped by stiff resistance by 10-DMA at 0.8628, while downside finds support at 20-DMA by 0.8536.
Recommendation: Short break below 20-DMA at 0.8536, target: 0.8468/ 0.8353/ 0.83


FxWirePro: EUR/NZD uptrend loses steam but outlook still bullish
NZDJPY Whipsaws After BoJ Hike: Buy-the-Dip Setup Above 89 With Eyes on 92
FxWirePro: GBP/USD climbs above 1.34 after BoE's relatively hawkish cut
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook
NZDJPY: Sell the Rallies as Bears Guard 90–91 Resistance Zone
Aussie-Yen Holds Firm Post-BOJ Rate Boost: Intraday Bullish Momentum Intact
FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls
GBP/JPY Surges Post-BoE Cut: Bullish Momentum Eyes 210 as Support Holds at 207.80
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/ZAR neutral in the near-term, scope for downward resumption
FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains
AUD/JPY Stalls Ahead of BOJ Decision: Sell on Rallies as Bearish Bias Holds Below 103.70
GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212
FxWirePro: NZD/USD dips as stronger U.S. dollar offsets NZ Q3 GDP surprise 



