- RES 4 : 0.7420 (Aug 24th high)
- RES 3: 0.7395 ( Sep 1st high)
- RES 2: 0.7350 (61.8% retracement of 0.7420 and 0.7250)
- RES1 0.7320 (20 day 4 HMA)
PRICE: 0.7270@ 12:20 GMT
- SUP 1: 0.7240 (Aug 30th Low)
- SUP 2: 0.7190 ( 200 day 4 HMA)
- SUP 3: 0.7168 (61.8% retracement of 0.7027 and 0.7420)
- SUP 4: 0.7100
EUR/GBP has retreated after making a high of 0.7359. It is currently trading at 0.7270. The pair's major support is around 0.7240 and any break below will take the pair further down till 0.7160.
Short term trend is bearish as long as resistance 0.7360 holds.
On the higher side minor resistance is around 0.7360 and any break above would extend gains till 0.7430.
It is good to sell on rallies around 0.7320 with SL around 0.7360 for the TP of 0.7240/0.7160.


FxWirePro: GBP/AUD edges lower, remains on bearish path
FxWirePro: GBP/USD could target 1.3400 as selling pressure builds
FxWirePro- Woodies pivot (Major)
FxWirePro : EUR/NZD faces downside pressure ,eyes 1.9650 level
FxWirePro: GBP/AUD eases despite better-than-expected UK GDP growth data
FxWirePro- Woodies pivot (Major)
FxWirePro: AUD/USD drifts back to familiar territory post-US CPI
Euro Rally Drives EUR/JPY Past 183.50: Upside Targets 185.00 in Focus
FxWirePro: GBP/NZD gains some upside momentum, but outlook is bearish
FxWirePro: USD/CNY hovers near 3-1/2 year low, scope for further downside
FxWirePro: USD/ZAR recovers as traders assess US and South African data
Buy the Dip? AUDJPY Holds Trendline Support Near 112
JPY Majors Alert: NZDJPY Crashes to 92.81 Low as Brutal Bearish Momentum Explodes – Sell Rallies to 91.80
JPY Majors Currency Score (15 min): NZDJPY Crashes to Extreme Bearish -100, CHFJPY Turns Sharply Bearish
FxWirePro: USD/ZAR eyes downside as dollar eases after US CPI data
FxWirePro: USD/JPY steadies around 159.30, bias bullish 



