EUR/GBP chart - Trading View
Technical Analysis: Bias Neutral
- EUR/GBP was trading 0.60% higher on the day at 0.8543 at around 09:30 GMT
- Price action has broken above 5-DMA and is testing 200 SMA on the hourly charts
- RSI has rollover from oversold levels and Stochs are at oversold
- Bullish divergence on Stochs and RSI keeps scope for further upside
Support levels - 0.8509 (5-DMA), 0.8465 (110-month EMA), 0.8484 (Lower BB)
Resistance levels - 0.8560 (21-EMA), 0.86, 0.8627 (Upper BB)
Summary: EUR/GBP saw a strong intraday rally as reports that the EU may hit vaccination target earlier than projected boosted the common currency. On the data front, a stronger Eurozone Sentix investor confidence index, which jumped to 13.1 for April, further underpinned the euro. EUR/GBP finds stiff resistance at 21-EMA at 0.8560. Watch out for decisive break above for upside continuation.


USD/CHF Bears in Control: Dips Below 0.7870 Signal More Downside Ahead
ETHUSD Dip: Prime Buy Zone to $3600 Targets
CAD/JPY Holds Positive Bias Despite Canada’s Sharp GDP Contraction: Buy Dips Toward 116 Target
FxWirePro: USD/ZAR down trend loses steam, remains on bearish path
FxWirePro- Major Pair levels and bias summary
NZDJPY: Sell the Rallies as Bears Guard 92 and Range Trade Persists
211.55 Ceiling Holds: GBPJPY Profit-Taking Turns Bearish
FxWirePro: USD/CAD dips below lower range, bearish bias increases
FxWirePro- Woodies Pivot(Major)
FxWirePro: GBP/AUD tracks lower on firmer Australian dollar
EUR/GBP Holiday Slumber: Bearish Bias Intact Below 0.8800 Resistance
FxWirePro: GBP/USD runs out of steam but maintains bullish outlook
FxWirePro: EUR/NZD downside pressure builds, key support level in focus
AUDJPY Bulls in Control: Buy the Dips Above 103.80 for a Run Towards 106 



