EUR/GBP deflated by dovish Draghi comments which boolstered expectations for ECB to cut depo rate, expand/extend QE at Dec 3 meeting .
- Draghi said indications that inflation will recover are weakening and that that if price stability at risk, ECB would use all instruments within their mandate.
- The remarks address a key barometer of economic health that is used to determine what further action, if any, the ECB will take to ease monetary policy.
- EUR/GBP hit session lows at 0.7040 and has hence pared some losses to currently trade at 0.7056.
- Strong trend-line support seen for the pair at 0.7040. The pair has taken support and edged higher. Immediate resistance is seen at 0.7078 (session high Nov 12th)
Recommendation: Good to buy dips around 0.7040, SL: 0.6950, TP: 0.7145.
Resistance Levels:
R1: 0.7078 (session high Nov 12th)
R2: 0.7095 (Aug 10 high)
R3: 0.7113 (Aug 17 high)
Support Levels:
S1: 0.7040 (Trend-line support)
S2: 0.7031 (Aug 19 low)
S3: 0.7025 (Aug 18 low)


FxWirePro: NZD/USD jumps after US and Iran agree preliminary deal
Fed-ECB Policy Chasm Sends EURUSD Tumbling to 1.1375; Bearish Momentum Builds Toward 1.1300
Aussie-Yen Trapped Below 113: Sell the Bounce as Bears Reload for a Run at 110
Peace Dividend Powers NZDJPY Past 93.50 — Bulls Set Sights on 96.15 Target
Sterling Slump Sends GBPJPY Toward 212.60 — Bearish EMA Stack Eyes 210
FxWirePro: GBP/AUD steadies around 0.9145 ,retains bid tone
FxWirePro: AUD/USD climbs as US-Iran peace deal sparks risk rally
FxWirePro: AUD/USD eases after Australian mixed CPI data
Geopolitical Easing Fuels AUDJPY Rally Toward 115 — Buy Dips at 113
Pound-Yen Pullback: GBP/JPY Slips Below Key EMAs as Sterling Weakness Fuels Bearish Bet on 210
FxWirePro: NZD/USD downside pressure builds, key support level in focus
FxWirePro: GBP/NZD gaining momentum for a move towards 2.3350level
FxWirePro- Major Crypto levels and bias summary 



