- EUR/GBP trades narrow range amid thin trade as most European markets remain closed on account of the Easter holiday.
- The pair has edged below the 0.79 handle and is currently trading around 0.7893 levels.
- Strong trendline resistance is seen at 0.7945 levels, bullishness only on breaks above.
- Price action remains well above the cloud and 200-DMA, daily Stochs are at overbought levels, but RSI strength seen at 59 levels.
- On the downside daily cloud at 0.7754 offers strong support, breaks below will find next support at 0.7712 (23.6% Fib of retrace of 0.69812 to 0.79464 rise).
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