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- RES4: 0.7420
- RES 3: 0.7380 (Apr 3rd High)
- RES 2: 0.7290 (200 day HMA)
- RES 1: 0.7260 (May 11th high)
PRICE: 0.72215 @12:11 GMT
- SUP1: 0.7156
- SUP 2:0.7115 (23rd Apr low)
- Sup 3: 0.7010 (Mar 11th low)
- SUP4: 0.683 (138.2% retracement of 0.7010 and 0.748)
EUR/GBP has recovered after forming a double bottom around 0.7120 . Intraday trend is bullish as long as support 0.7190 holds.
The minor support is around 0.7160 and break below will target 0.7085/0.7015.
Indicator (1 hour chart)
CCI (50) - Buy
CCI (14) -Buy
Ichimoku-Buy
It is good to buy around 0.7215 for the target of 0.7285 with stop around 0.7190.
