EURGBP showed a minor pullback after taking near trendline support. As long as resistance 0.8750 holds, intraday bias is negative. Currently trading at 0.86843, it reached an intraday low of 0.86843.
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 0.8700. Any violation above will take the pair to 0.8750/0.8780/0.8825/0.8865/0.8900/0.8950.
Indicator Analysis (4-hour chart)
CCI (50): Bearish
Average Directional Movement Index: Neutral
Trading Recommendation
It is good to sell on rallies around 0.8698-70 with SL around 0.8750 for a TP of 0.8600.


FxWirePro- Woodies Pivot(Major)
FxWirePro: AUD/USD downside pressure builds, key support level in focus
Ethereum Retreats Toward USD 2,000: Technicals Signal Caution as ETH Mimics Bitcoin’s Pullback
FxWirePro- Major European Indices
FxWirePro- Woodies Pivot(Major)
Ethereum Rises on Geopolitical De-escalation: Pezeshkian’s Peace Signal Ignites Bullish Momentum
Aussie Retreats Against the Yen: AUDJPY Bears Target 108 as 110 Resistance Holds Firm
FxWirePro:NZD/USD drifts lower, could be on verge of bigger drop
NZDJPY Bears Take Control: New Zealand Dollar Retreats as 92 Resistance Holds Firm
FxWirePro: GBP/USD recovers but bears are not done yet again
FxWirePro: EUR/ NZD steadies around 2.0150, retains bid tone
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/ZAR fibo rejection triggers sizeable pullback
FxWirePro- Major Crypto levels and bias summary
Bitcoin Battles Volatility: Institutional Support Eyes USD 64,000 Floor Amid Geopolitical Tensions
Euro Retreats as Geopolitical Tensions Surge: EURUSD Eyes 1.1400 Floor Amid Safe-Haven Demand 



