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- RES 4: 0.7210 (Jun 22nd high)
- RES 3: 0.7180 (200 day 4 HMA)
- RES 2: 0.7154 ( 20 day 4 H EMA)
- RES 1: 0.7113 (7 day 4 H EMA)
PRICE: 0.70823@ 12:03 GMT
- SUP 1: 0.7076 (cloud bottom)
- SUP2: 0.7050 (May 26th low)
- SUP 3: 0.7000
- SUP 4: 0.6925
EUR/GBP has broken major support 0.7150 and declined till 0.7068. Short term trend is bearish as long as resistance 0.7150 holds.
The pair's minor support is around 0.7095 and break below will drag the pair further down till 0.7050/0.700.
It is good sell on rallies around 0.7100 with stop around 0.7151 for the target of 0.7000.
