• EUR/GBP extends range trade, 0.7372 being day's high and 0.7343 the day's low
  
  
• The pair continues to trade sideways, poor EU CPI data having negligible impact on the euro
  
  
• EZ CPI fell 0.1% y/y in Sept following the 0.1% hike seen in August, the weakest reading since March
  
  
• Currently the pair is trading below the tenkan at 0.7413, denting bulls, but positive alignment of tenkan & kijun lines highlights recovery potential
  
  
• BOE MPC member Forbes speech will be also closely eyed for any cues on the BOE rate hike timing
  
  
• Immediate resistance for the pair seen at 0.7385 (10 DMA), while support is located at 0.7343 (Daily Kijun & Session Low Oct 15)
  
  

Resistance Levels:

R1: 0.7385 (10 DMA)

R2: 0.7390 (Session High Oct 16)

R3: 0.7400 (Psychological Level)

Support Levels:

S1: 0.7343 (Daily Kijun & Session Low Oct 15)

S2: 0.7337 (Daily Low Oct 9)

S3: 0.7300 (Psychological Level)