EURGBP showed a minor pullback after taking support near the trend line. As long as support 0.8645 holds, intraday bias is bullish. Currently trading at 0.87187, it reached an intraday high of 0.87311.
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.


Euro Bulls Charge Past 1.1600: Broad Dollar Sell-Off Ignites Powerful EURUSD Rally
Bitcoin Recovers Amid Easing Geopolitics: Bulls Target USD 80,000 Support Rebound
EUR/JPY Bulls Charge: Eyeing 186.00 as Euro Strength Intensifies
Ethereum Rises on Geopolitical De-escalation: Pezeshkian’s Peace Signal Ignites Bullish Momentum
FxWirePro- Major Pair levels and bias summary
Ethereum Retreats Toward USD 2,000: Technicals Signal Caution as ETH Mimics Bitcoin’s Pullback
FxWirePro: GBP/NZD range to extend until there is game changing news
FxWirePro: USD/CAD runs out of steam but maintains bullish outlook
Yen Resurgence Drives GBPJPY to 2.5-Week Low: Sellers Aim for 208.00
FxWirePro- Major European Indices
FxWirePro: GBP/USD outlook weaker on renewed downside pressure
FxWirePro- Major Crypto levels and bias summary
FxWirePro:NZD/USD drifts lower, could be on verge of bigger drop
Euro Retreats as Geopolitical Tensions Surge: EURUSD Eyes 1.1400 Floor Amid Safe-Haven Demand
Bitcoin Battles Volatility: Institutional Support Eyes USD 64,000 Floor Amid Geopolitical Tensions
FxWirePro: GBP/USD recovers but bears are not done yet again 



