FxWirePro:NZD/USD edges lower, bearish outlook persists 
FxWirePro: EUR/AUD consolidating around 1.6650, room for further gains 
Ethereum’s $2,200 Ceiling: Can Diplomatic Breakthroughs Dissolve the Bearish Resistance? 
FxWirePro: AUD/USD downside pressure builds, key support level in focus 
FxWirePro- Major Pair levels and bias summary 
FxWirePro- Major European Indices 
FxWirePro: GBP/AUD edges lower, downside risk remains 
FxWirePro: EUR/AUD neutral in the near-term, scope for downward resumption 
FxWirePro: USD/JPY uptrend loses steam, remains on bullish path 
FxWirePro- Major Crypto levels and bias summary 
NZDJPY in Consolidation: Navigating the 92.00 Range as Bearish Clouds Gather 
AUDJPY Stalls in Neutral Ground: Bearish Shadows Loom Over the 111.00 Mark 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: GBP/NZD runs out of steam but maintains bullish outlook 
FxWirePro: USD/ZAR uptrend loses steam, remains on bullish path 
FxWirePro: USD/CNY edges up as yuan weakens on firmer dollar 
EURGBP trades weakly after hawkish rate cut by BOE. Intraday bias remains bearish as long as support 0.8750 holds. It hits an intraday low of 0.86531 and is currently trading around 0.866698.
Technical Analysis
The pair is currently trading below the 55 and 200-EMA and 365-EMA on the 1-hour chart.
Bearish Trend Confirmation: Any break below 0.8650 confirms an intraday bearish trend. A drop to 0.8630/0.8600/0.8560/0.8520/0.8480 is likely. Near-term support is around 0.8630.
Near-Term Resistance: The near-term resistance is around 0.8750. Any violation above will take the pair to 0.8800/0.8850.
Indicator Analysis (60-min chart)
CCI (50): Bearish
Average Directional Movement Index: Neutral
Trading Recommendation
It is good to sell on rallies around 0.8700 with SL around 0.8750 for a TP of 0.8600.
