EURGBP gained above 0.8800 on a strong Euro. As long as support 0.8750 holds, intraday bias is positive. Currently trading at 0.88069, it reached an intraday high of 0.88064.
Technical Analysis
The pair is currently trading above 55 and 200- EMA and 365-EMA on the 4-hour chart.
Bearish Trend Confirmation: Any break below 0.8790 confirms an intraday bearish trend. A drop to 0.8750/0.8700/0.8660/0.8630/0.8600/0.8560/0.8520/0.8480 is likely.
Near-Term Resistance: The near-term resistance is around 0.8825. Any violation above will take the pair to 0.8850/0.8900.
Indicator Analysis (4-hour chart)
CCI (50): Bullish
Average Directional Movement Index: Neutral
Trading Recommendation
It is good to buy on dips around 0.8790 with SL around 0.8750 for a TP of 0.8850/0.8900.


FxWirePro: GBP/USD cedes early gains ,outlook bearish
FxWirePro: GBP/AUD dips below 1.9000 level , vulnerable to more downside
FxWirePro: NZD/USD edges higher ahead of RBNZ decision
FxWirePro: USD/CAD rises above 1.3900 level after Warsh's Jackson hole speech
NZDJPY Holds 95 Amidst Buying Pressure, Technicals Point to Potential Downtrend
Bitcoin Eyes $90K as $3B ETF Inflow Streak Overpowers Hawkish Fed
EURUSD Trades Flat Amidst NFP Revision and Jackson Hole Ahead; Technicals Suggest Buying Opportunity
JPY Major Currency Score: NZDJPY and AUDJPY Lead with Extremely Bullish Momentum
FxWirePro: USD/ZAR bears maintain upper hand
FxWirePro: GBP/USD slips lower as dollar firms after Warsh comments
NZDJPY Faces Downward Pressure as 95.40 Resistance Holds Firm
FxWirePro- Major Pair Currency Score (AUDUSD Bullish)
FxWirePro: USD/CNY dips as dollar weakens on US-Iran escalation
FxWirePro: USD/JPY dips as Yen firms on BOJ rate-hike bets
FxWirePro: EUR/NZD neutral in the near term, scope for downward resumption
FxWirePro- Major Crypto levels and bias summary 



