FxWirePro- Woodies Pivot(Major) 
FxWirePro: USD/JPY extends falls as Japanese yen extends rally after hawkish BoJ minutes 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: EUR/AUD slips following RBA minutes , plunge to test a key fibo grows 
NZDJPY: Sell the Rallies as Bears Guard 92 and Range Trade Persists 
AUDJPY Bulls in Control: Buy the Dips Above 103.80 for a Run Towards 106 
USD/CHF Bears in Control: Dips Below 0.7870 Signal More Downside Ahead 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: GBP/USD runs out of steam but maintains bullish outlook 
GBP/JPY Stuck in Holiday Neutral: Range-Bound at 210 Ahead of Christmas 
FxWirePro: USD/CNY hits 15-month low , scope for further downside 
FxWirePro- Major Crypto levels and bias summary 
CAD/JPY Holds Positive Bias Despite Canada’s Sharp GDP Contraction: Buy Dips Toward 116 Target 
FxWirePro: AUD/USD gaining momentum for a move towards 0.6800 level 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: USD/ZAR down trend loses steam, remains on bearish path 
EUR/GBP chart - Trading View
EUR/GBP Spot Analysis:
- EUR/GBP was trading 0.13% lower on the day at around 10:50 GMT
- Previous Session High/Low: 0.8641/ 0.8560
- Previous Week High/Low: 0.8639/ 0.8533
Data Released:
- UK Retail Sales were up 2.1% month-on-month in February
- UK Retail Sales were down -3.7% on the year, fell more than -3.5% expected
- German IFO Expectations Index jumped to 100.4 in March vs. 95.2 expected
- German IFO Business Climate Index came in at 96.6 in March, while Current Economic Assessment stood at 93.0
Technical Analysis:
- Major moving averages biased lower
- GMMA shows major and minor trend are bearish
- Recovery on the back of bullish divergence failed at 21-EMA
- Price action is below Ichimoku cloud and Chikou span is biased lower
- Momentum strongly bearish, 5-week MA caps upside
| Support | 0.8522 (Lower BB) | 0.8415 (88.6% Fib) |
| Resistance | 0.8590 (5-DMA) | 0.8684 (55-month EMA) |
Summary: EUR/GBP is set to grind lower and bear grip on the pair remains intact. The single currency unimpressed by upbeat German Ifo data. Vaccine concerns to weigh on the pair. Price action hovers around 76.8% Fib with scope for test of 88.6% Fib at 0.8415.
