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- RES 3: 0.7286 (61.8% retracement of 0.7385 and 0.7124)
- RES 3: 0.7250 (Jun 16th high)
- RES 2: 0.7210 (200 day HMA)
- RES 1: 0.7162 (7 day H EMA)
PRICE: 0.7169 @ 11:53 GMT
- SUP 3: 0.7140 (Jun 17th low)
- SUP 4: 0.7115
- SUP 4: 0.7050 (May 26th low)
- SUP 4: 0.700
EUR/GBP has broken major resistance 0.7165 and is currently trading at 0. trend is weak as long as resistance 0.7210 holds.
The pair's minor support is around 0.7115 and break below will drag the pair further down till 0.7050/0.7000.
It is good to sell on rallies around 0.7180 with stop around 0.7240 for the target of 0.7080/0.7050.
