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- RES 3: 0.7509
- RES 2: 0.74570 (76.4% retracement of 0.7590 and 0.7010)
- RES 2: 0.7420 (May 1st high)
- RES1 :0.7385 (Mar 26th high)
PRICE: 0.7348 @12:14 GMT
- SUP 1: 0.7332 (55 day H EMA)
- SUP 2:0.7301 (38.2% retracement of 0.7117 and 0.7417)
- Sup 3: 0.7231 (200 day HMA)
- SUP 4:0.7186 (76.4% retracement of 0.7116 and 0.7418)
EUR/GBP has taken support near ichimoku cloud 0.7314 and recovered from that level.. Overall trend is bullish as long as support 0.7300 holds.
On the downside break below will target 0.7230/0.7186.
Indicator (1 hour chart)
CCI (50) - Sell
CCI (14) -Sell
Ichimoku-Neutral
It is good to buy at dips around 0.7330 for the target of 0.7420 with stop around 0.7295.
