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- EUR/GBP has broken major trendline resistance at 0.8355 on the hourly charts.
- The pair finds strong support by 20-DMA at 0.8282 on the daily charts, weakness only on break below.
- Upside finds next hurdles at 0.84, 0.8416 (July 15 high) and then at 0.8458 (1H 200 MA).
- Supports on the downside are seen at 0.8282 (20-DMA), break below could drag the pair to 0.8206 (June 29 low).
Recommendation: Good to go long on dips around 0.8350/60, SL: 0.8280, TP: 0.84/ 0.8420/ 0.8455
