- Falling 21 DMA at 0.7055 keeps bear pressure on EUR/GBP, the pair eyes 0.7003 after extending south from 0.7051 (Monday high)
- Consolidation near recent lows persists, expect new long-term trend lows to be made, price could targets 0.6665
- ECB deposit rate cut & QE APP increase expected Thursday, likely priced into the markets
- Market also await BOE to publish the results of its latest round of stress tests of UK banks alongside its Financial Stability Report, followed by BOE Governor Carney's speech
- Immediate support is seen at 0.7003 (Daily Low Nov 25), while resistance is seen at 0.7051 (Double top Nov 27,30)
Resistance Levels:
R1: 0.7051 (Double top Nov 27,30)
R2: 0.7055 (21 DMA)
R3: 0.7080 (Daily High Nov 25)
Support Levels:
S1: 0.7003 (Daily Low Nov 25)
S2: 0.6982 (Daily Low Nov 18)
S3: 0.6970 (Daily Low Aug 6)


GBPJPY Plunges 200+ Pips, Then Reverses — Bulls Eye 216 on Dip Buys
NZDJPY Bulls Hold the Line: Buy the Dip to 95?
FxWirePro: USD/ZAR recovers slightly but bears are not done yet
USD/CHF Pares Gains After 4.4% GDP Blowout: Sell Rallies to 0.7860 Target
FxWirePro: NZD/USD retreats slightly but trend is still bullish
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/USD extends gain after positive UK retail sales data.
FxWirePro: AUD/USD bulls undeterred, eyes 0.6900 level
FxWirePro- Woodies Pivot
FxWirePro- Major Pair levels and bias summary
FxWirePro: EUR/NZD extends fall, vulnerable to more downside
FxWirePro: USD/CAD downside pressure builds, key support level in focus
FxWirePro: USD/CAD extends fall, eyes 1.3700 level
FxWirePro: GBP/AUD gains some upside momentum but still bearish
Narrow Range Drama in EUR/GBP: Bullish Bias Intact Above 0.8645
FxWirePro: USD/ZAR outlook weaker on renewed downside pressure 



