EUR/GBP chart - Trading View
Technical Analysis: Bias Bearish
- EUR/GBP holds support at 200W MA, break below required for downside continuation
- The pair is consolidating break below Wedge base support
- Momentum studies are bearish, Stochs and RSI support downside
- Price action is below major moving averages and volatility is rising as evidenced by widening Bollinger bands
- 'Death Cross' (bearish 50-DMA crossover on 200-DMA) on the daily charts keeps bias lower
Support levels - 0.8832 (200W MA), 0.8743 (61.8% Fib), 0.8670 (April 30 low)
Resistance levels - 0.8850 (5-DMA), 0.8887 (50% Fib), 0.8907 (21-EMA)
Summary: EUR/GBP has paused 4-day weakness and edged higher ahead of German GDP data. A big beat on expectations may put a bid under the single currency, pushing the pair higher. Technical bias is bearish. Break below 200W MA will plummet prices.


FxWirePro: USD/CNY hits 15-month low , scope for further downside
FxWirePro: EUR/NZD downside pressure builds, key support level in focus
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/CAD dips below lower range, bearish bias increases
FxWirePro: USD/ZAR down trend loses steam, remains on bearish path
FxWirePro: EUR/AUD attracts selling interest, vulnerable to more downside
FxWirePro: USD/JPY extends falls as Japanese yen extends rally after hawkish BoJ minutes
USD/CHF Bears in Control: Dips Below 0.7870 Signal More Downside Ahead
GBP/JPY Stuck in Holiday Neutral: Range-Bound at 210 Ahead of Christmas
AUDJPY Bulls in Control: Buy the Dips Above 103.80 for a Run Towards 106
FxWirePro: GBP/AUD tracks lower on firmer Australian dollar
FxWirePro- Major Pair levels and bias summary
FxWirePro- Woodies Pivot(Major)
FxWirePro: GBP/AUD downside pressure builds, key support level in focus
FxWirePro: EUR/NZD set for bigger drop, but close below key fibo needed
FxWirePro: GBP/USD runs out of steam but maintains bullish outlook 



