FxWirePro- Major Pair levels and bias summary 
FxWirePro- Woodies pivot (Major) 
FxWirePro: EUR/ AUD gains some ground , but remains on bearish path 
FxWirePro: USD/CAD runs out of steam but maintains bullish outlook 
FxWirePro: GBP/USD edges lower ahead of Fed policy verdict 
FxWirePro: USD/ZAR firms ahead of Fed interest rate decision 
FxWirePro: USD/JPY eases ahead of Fed decision , Intervention risks linger 
FxWirePro: USD/ CNY remains soft ahead of Fed decision 
FxWirePro: USD/CAD slips after Fed holds rates steady 
FxWirePro: NZD/USD firms as Kiwi gains on strong ANZ business outlook data 
FxWirePro : GBP/NZD strongly bearish despite upside attempts 
FxWirePro: USD/JPY edges higher as focus shifts to BOJ decision 
FxWirePro: GBP/NZD maintains bersish bias with focus on 2.2900 level 
JPY Pairs Action Bias: EURJPY Leads as Bullish Standout Amid Mixed Momentum 
FxWirePro: GBP/AUD gains some upside momentum but still bearish 
FxWirePro:EUR/NZD gains some upside momentum but still bearish 
EUR/GBP chart - Trading View
EUR/GBP consolidates losses after testing 11-month lows, trades marginally higher at 0.8660, outlook remains bearish.
The pair hit lows of 0.8641 on Thursday's trade, levels unseen since March 5th 2020, before paring some losses to close at 0.8648.
Focus for today is on the German and Eurozone PMIs later today. Poor data could add selling pressure on the shared currency.
Analysts expect PMIs could miss estimates on account of ongoing coronavirus lockdown restrictions.
Markit economics' flash Manufacturing Purchasing Managers Index (PMI) for Germany is seen dropping to 56.5 in February from January's 57.1.
While Eurozone PMI is forecast to decline to 54.4 in February from January's 54.8.
Technical bias for the pair is strongly bearish. price action has slipped below 55W EMA support at 0.8689.
The pair is on track to test 78.6% Fib retracement at 0.8559. Failure to close below 55W EMA could see further consolidation.
