FxWirePro
Long

We prefer to go long in EUR/GBP

FX:EURGBP   Euro Fx/British Pound
89 0 1
Positioning Bias:
EUR/GBP             has retraced after making high of 0.8005. Overall trend is bullish as long as support 0.7865 holds.
The pair’s minor support is around 0.7910 ( median line ) and any break below will take the pair to 0.7865/0.7835 in short term.

The psychological level 0.8000 is acting as major resistance and above will target 0.8050.

CCI (50) - Buy
CCI (14) – Sell

Recommendation: Buy EUR/GBP             around 0.794, SL 0.7865, Target 0.8050.
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