- Flash euro-zone PMI data released earlier failed to impress EUR bulls. On the other side, Great Britain CBI Trends failed to provide evidence of post-Brexit economic fallout.
- A broad-based recovery in the sterling and a muted euro have triggered a near-term corrective move in EUR/GBP.
- EUR/GBP is now correcting over 100-pips from a multi-month high level of 0.8725 hit in the previous week.
- The pair has slipped below 0.86 handle to hit session lows of 0.8588.
- Price action on the day is capped by stiff resistance by 10-DMA at 0.8628, while downside finds support at 20-DMA by 0.8536.
Recommendation: Short break below 20-DMA at 0.8536, target: 0.8468/ 0.8353/ 0.83


FxWirePro: GBP/AUD dive post-CPI short-lived as traders prepare for BoE decision
FxWirePro: USD/ZAR bears maintain upper hand
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls
EUR/JPY Holds Bullish Bias Post-ECB Pause: Buy Dips Toward 185 as 182 Support Stands Firm
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike
GBP/JPY Surges Post-BoE Cut: Bullish Momentum Eyes 210 as Support Holds at 207.80
FxWirePro- Woodies Pivot(Major)
FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook
FxWirePro: USD/ZAR neutral in the near-term, scope for downward resumption
FxWirePro: NZD/USD dips as stronger U.S. dollar offsets NZ Q3 GDP surprise
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook
FxWirePro: GBP/NZD retreats slightly but trend is still bullish
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Pair levels and bias summary 



