- EUR/GBP edges lower after upside failed to break above 61.8% Fib of 0.9225 to 0.8297 fall.
- Technical indicators on daily charts have turned bearish, RSI and Stochs have rolled over from near overbought levels.
- The pair is currently holding strong support at 0.8718 (20-DMA), break below will see further drag.
- Bias on weekly charts remains positive, we see weakness if the pair manages to close below weekly 5-DMA also at 0.8718 levels.
Support levels - 0.8718 (20-DMA and weekly 5-SMA), 0.8651 (38.2%), 0.8612 (200-DMA)
Resistance levels - 0.8761 (50% Fib), 0.8781 (5-DMA), 0.88, 0.8870 (61.8% Fib)
Recommendation: Good to go short on break below 20-DMA at 0.8718, SL: 0.8785, TP: 0.8650/ 0.8615/ 0.86
FxWirePro Currency Strength Index: FxWirePro's Hourly EUR Spot Index was at -49.8842 (Neutral), while Hourly GBP Spot Index was at 46.5206 (Neutral) at 0620 GMT. For more details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex.


FxWirePro: GBP/AUD under pressure after disappointing U.S. employment data
FxWirePro: EUR/ AUD neutral in the near term, scope further downside
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/CNY slips as strong China exports data Lift yuan
FxWirePro: EUR/AUD slips after surprise U.S. employment data
FxWirePro: NZD/USD retreats as Middle East instability weighs
AUDJPY Bears Poised: Sell Rallies at 111.55 for 108 Target with 112.20 Stop
FxWirePro : EUR/NZD slips lower after soft US jobs report
FxWirePro : EUR/NZD holding below 38.2% fibo ahead of US data
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/USD rises as weak U.S. jobs data pressures dollar
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/ZAR gains some ground, but downtrend remains
Bitcoin Reclaims $65,000 as Easing Geopolitical Tensions Fuel Risk-On Rally
FxWirePro: GBP/USD eases as dollar firms ahead of U.S. June non-farm payrolls report
DAX & CAC40 Score Perfect 100: Extremely Bullish With Major Levels to Watch as FTSE100 Hits 80 



