EURGBP has traded in a narrow range between 0.86447 and 0.87435 for the past two weeks. As long as support 0.8645 holds, intraday bias is bullish. Currently trading at 0.87014, it reached an intraday high of 0.87015.
Technical Analysis
The pair is currently trading below 55 and 200- EMA and 365-EMA on the 4-hour chart.
Bearish Trend Confirmation: Any break below 0.8640 confirms an intraday bearish trend. A drop to 0.8600/0.8540 is likely.
Near-Term Resistance: The near -term resistance is around 0.8750. Any violation above will take the pair to 0.8780/0.8825/0.8865/0.8900/0.8950.
Indicator Analysis (4-hour chart)
CCI (50): Bullish
Average Directional Movement Index: Bullish
Trading Recommendation
It is good to buy on dips around 0.8678-80 with SL around 0.8640 for a TP of 0.8800.


FxWirePro- Woodies Pivot
FxWirePro: GBP/NZD remains weak, eyes 2.2900 level
NZDJPY Bulls Unleashed: Surge Past 93 Targets 95 – Buy the Dip Now
FxWirePro: GBP/AUD falls below 1.9900 level,scope for further downside
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/USD loses momentum but bullish setup remains
USDCHF Double Bottom Fails – Bears Reload for 0.7860 Breakdown
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains
FxWirePro: USD/JPY edges higher as investors await BoJ policy decision
Trade Thaw Boosts EURJPY: Holding 185 → Eyes 187 Breakout
213.50 Double Top? Not Today! GBPJPY Stays Bullish Above Key Support
FxWirePro- Woodies Pivot
FxWirePro- Major Crypto levels and bias summary 



