FxWirePro- Major European Indices 
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FxWirePro: EUR/AUD eases slightly but trend is still bullish 
FxWirePro: EUR/ NZD steadies around 2.0150, retains bid tone 
FxWirePro: GBP/USD outlook weaker on renewed downside pressure 
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FxWirePro: EUR/ NZD consolidating around 2.0180 room for further gains 
FxWirePro: GBP/NZD range to extend until there is game changing news 
FxWirePro: USD/CAD runs out of steam but maintains bullish outlook 
- Persistent weakness around the British pound pushing EUR/GBP higher.
- The pair finds stiff resistance at 0.8330 levels (converging trendlines). Break above could see gains upto 0.84 and higher.
- The single currency is poised to remains under heavy pressure as market turmoil is expected to gather pace.
- Techs on weekly charts are heavily bullish, Stoch RSI and MACD show scope for further upside.
- Supports are seen at 0.8181 (upper Bolliger Band on weekly), 0.8176 (session low) and then 0.81.
- On the upside resistance is located at 0.8330 ((converging trendlines), 0.84 and 0.8440 (high for the week ending Dec 9th).
Recommendation: Good to go long on break above 0.8330, SL: 0.8180, TP: 0.84/ 0.8470/ 0.8585
