EUR/GBP breaks 200 day 4HMA, jump till 0.7380 is possible

• RES4: 0.74570 (76.4% retracement of 0.7590 and 0.7010)

• RES 3: 0.73758 (Mar 26^th High)
  
  
• RES 2: 0.7315

• RES 1: 0.7279 (61.8% retracement of 0.7378 and 0.7110)
  
  

      PRICE: 0.7243 @9:31 GMT 

• SUP 1: 0.7240 (200 day 4HMA)

• SUP 2: 0.71964 (50% retracement of 0.7032 and 0.73835)
  
  
• SUP 3:0.7170 (20 day HMA
  
  
• Sup 4: 0.7116 (Apr 23^rd low)

EUR/GBP has broken major resistance 0.7240 (200 day 4HMA) and this confirms a short term bullishness, a jump till 0.7378 cannot be ruled out.

Short term trend reversal only below 0.7170. 

Indicator (4 hour chart)

CCI (50) - Buy

Woodies CCI (14) - Buy

Ichimoku-Buy

It is good to buy at dips around 0.7230-35 for the target of 0.7378 with stop around 0.7170.