• At ECB policy meeting yesterday, Draghi left markets hanging, remained in a waiting mood and did not give any hints on the direction of future moves. 
   
• EUR/GBP has a volatile session on Thursday. Spiked to as high as 0.9026 before falling back to 0.8910 levels.
   
• In separate data, UK retail sales showed strongest quarterly gains since late 2014, boosting the pound.
   
• Techs on daily charts are bearish. The pair has seen multiple rejections at trendline. Bias lower.
   
• Downside finds strong support by 20-DMA at 0.8860, break below could accentuate weakness.
   
• Major support levels - 0.8936 (hourly 20-SMA), 0.8831 (20-DMA), 0.88, 0.8785 (Oct 6 low)
   
• Major resistance levels - 0.8941 (5-DMA), 0.8958 (Oct 19 high), 0.8985 (trendline), 0.9030 (Oct 18 high).
   
• Our previous call (http://www.econotimes.com/FxWirePro-EUR-GBP-finds-stiff-resistance-at-090-trades-narrow-range-ahead-of-UK-unemployment-data-355288) is progressing.
   
• TP1 achieved, hold for further downside, bearish invalidation above 0.90