- Better sentiment around the single currency has supported upside in EUR/GBP.
- The pair has hit session highs at 0.8415, but struggles to extend gains.
- 20-DMA currently at 0.8411 has been limiting upside in the pair for the past week.
- Intraday Techs support upside, however, only a decisive break above could see further gains.
- Support on the downside is seen at 0.8361 (7-DMA) and then 0.83 levels.
Recommendation: Good to go long on breakout above 0.8411, SL: 0.8360, TP: 0.8470/ 0.85/ 0.8525
