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Chart - Courtesy Trading View
EUR/GBP was trading 0.31% higher on the day at 0.8408 at around 10:15 GMT.
The pair is extending sideways grind along 110-EMA resistance from the past few sessions.
Price action is within the daily cloud and breakout above will fuel further upside in the pair.
MACD and ADX support upside in the pair, Stochs and RSI are biased higher, volatility is high.
Price action is holding above 200H MA support, retrace below will drag the pair lower.
Support levels - 0.8397 (200H MA), 0.8377 (55-EMA), 0.8370 (21-EMA)
Resistance levels - 0.8413 (110-EMA), 0.8454 (Upper BB), 0.8473 (200-DMA)
Summary: EUR/GBP struggles at 110-EMA resistance. Technical bias is tilted towards the bulls. Watch out for break above 110-EMA for further upside.
