EUR/GBP breaks year low, decline till 0.7000 cannot be ruled out

• RES 4: 0.7305 (61.8% retracement of 0.7379 and 0.71806)

• RES 3: 0.7270 (200 day HMA)

• RES 2: 0.7235 (Apr 14^th High)

• RES 1: 0.7200 (20 day HMA)
  
  

      PRICE: 0.7170 @12:19 GMT 

• SUP 1: 0.7150 (61.8% retracement of 0.70130 and 0.7385)

• SUP 2: 0.7082 (Mar 15^th low)
  
  
• SUP 3:0.7000
  
  
• Sup 4: 0.6700

EUR/GBP has broken short term support 0.7180 and this confirms short term weakness a decline till 0.700 cannot be ruled out Short term trend is bearish as long as resistance 0.7225 holds.

It is good to sell around 0.7190 for the target of 0.7005 with stop around 0.7225.