FxWirePro: EUR/GBP faces strong resistance around 0.7500, good to sell on rallies

• RES 4:0.7520
  
  
  
• RES 3: 0.7480 (May 5^th 2015)
  
  
  
• RES 2: 0.7450 (Oct 2^nd 2015)
  
  
  
• RES 1: 0.7425 (20 day 4 HMA)

                                   
      PRICE: 0.7382 @ 12:04 GMT 

• SUP 1: 0.7388 ( cloud top)
  
  
  
• SUP 2: 0.7340 (200 day 4 HMA)
  
  
  
• SUP 3: 0.7300 (Sep 25^th 2015)
  
  
  
• SUP 4: 0.7240

EUR/GBP is facing strong resistance around 0.7500 and any further bullishness can be seen only above that level.  Overall trend is still weak as long as resistance 0.7500 holds

Any break below 0.7380 will target 0.7340/0.7300

On the higher side minor resistance is around 0.7450 and any break above would extend gains till 0.7480/0.7520.

It is good to sell on rallies around 0.7450 with SL around 0.75000 for the TP of 0.7380/0.7340