EUR/GBP recovers from low of 0.7090, good to sell on rallie

• RES2:0.72820 (May 18^th high)
  
  
• RES3 : 0.7240
  
  
• RES 2: 0.7187 (200 day HMA)

• RES 2: 0.7142 (Cloud bottom)
  
  

      PRICE: 0.7145 @11:40 GMT 

• SUP 1:0.7115 (23^rd Apr low)
  
  
• SUP2: 0.7060 (61.8% projection of 0.74820 to 0.71217 from 0.72822)
  
  
• SUP 3: 0.7022 (161.8% retracement of 0.71217 and 0.72822)
  
  
• SUP4: 0.6922 (100 projection of 0.74820 to 0.71217 from 0.72822)
  
  

EUR/GBP has broken major support 0.7115 and declined till 0.7090. Overall trend is bearish as long a support 0.7190 holds.

The Pair's minor resistance is around 0.7165 and further bullish can be seen only above this level.

 
It is good to sell on rallies around 0.7145 with stop around 0.7191 for the target of 0.7025 .