FxWirePro: EUR/GBP faces short term support around 0.7300, good to sell on rallies

• RES 4: 0.7480 (May 5^th 2015)
  
  
• RES 3: 0.7450 (Oct 2^nd 2015)
  
  
• RES 2: 0.7420 (Cloud top)
  
  
• RES 1 :0.7340(200 day 4HMA)
  
  

                                   
      PRICE: 0.7311 @ 11:19 GMT 

• SUP 1: 0.7300 (Sep 25^th 2015)
  
  
• SUP 2: 0.7240
  
  
• SUP 3: 0.7195 (Sep 22^nd low)
  
  
• SUP 4: 0.7150 (61.8% retracement of 0.6950 and 0.7490)

EUR/GBP has made a high of 0.7375 and has started to retreat from this level .  Overall trend is still weak as long as resistance 0.7425 holds

The pair's major support is around 0.7300 and any break below 0.7300 will target 0.7240/0.7195

On the higher side minor resistance is around 0.7380 and any break above would extend gains till 0.7425/0.7450.

It is good to sell on rallies around 0.7340 with SL around 0.7380 for the TP of 0.7240