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- RES 4: 0.7325
- 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)
PRICE: 0.72085@ 12:34 GMT
- SUP 1: 0.7180 (200 day 4HMA)
- SUP 2: 0.7150 (20 day 4 HMA)
- SUP 3: 0.7095 (cloud top)
- SUP 4: 0.7050 (May 26th low)
EUR/GBP is facing strong resistance around 0.7250 and break above will target 0.7295/0.7320. The pair is bullish as long as support 0.7150 holds.
The pair's minor support is around 0.7130 and break below will drag the pair further down till 0.7100/0.7050.
It is good buy at dips around 0.7190 with stop around 0.7150 for the target of 0.7250/0.7295.
