EUR/GBP has broken major support at 0.7740 and is trading around 0.77 levels.
- We had earlier given short call for the pair (link below):
http://www.econotimes.com/FxWirePro-EUR-GBP-trades-a-narrow-range-awaits-UK-and-EU-PMI-data-170288
http://www.econotimes.com/EUR-GBP-call-update-170457
- Our call has hit target, advise booking partial profits. Further downside upto 0.7660 likely.
- Downside for now has taken a breather at 0.7704 (23.6% Fib of 0.6981 to 0.7928 rise).
- Downside sees next support at 0.7695 (Feb 16th lows) and then at 0.7670 (Feb 5th lows).
- On the topside resistance is located at 0.7742 (Jan 21st highs) and then at 0.7758 (Feb 15th highs).
- Techs are biased lower, so we would advise booking partial profits and lowering trailing stops to 0.7740, target 0.7670/60.


FxWirePro:EUR/AUD eases but bullish outlook persists
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains
EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185
USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865
GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains
BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K
FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook
CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook
FxWirePro- Major Crypto levels and bias summary
Aussie-Yen Holds Firm Post-BOJ Rate Boost: Intraday Bullish Momentum Intact
FxWirePro: GBP/NZD retreats slightly but trend is still bullish
FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike 



