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- RES 4: 0.729525 (61.8% retracement of 0.7482 and 0.6986)
- RES 3: 0.7250 (Jun 16th high)
- RES 2: 0.7210 (Jun 22nd high)
- RES 1: 0.7180 (200 day 4 HMA)
PRICE: 0.7117@ 12:52 GMT
- SUP 1: 0.7095 (cloud top)
- SUP2: 0.7050 (May 26th low)
- SUP 3: 0.7000
- SUP 4: 0.6925
EUR/GBP has broken major support 0.7150 and confirms short term weakness , a decline till 0.7000 cannot be ruled out .
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 0.7150 with stop around 0.7200 for the target of 0.7050/0.7000.
