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- RES 1 : 0.7225 (Jul 10th high)
- RES 2: 0.7159 (Jul 27th high)
- RES 3 :0.7100 (31st Jul high)
- RES 4: 0.7060 (200 day 4 HMA)
PRICE: 0.7045 @ 11:59 GMT
- SUP 1: 0.7025 (7 day 4 H EMA)
- SUP 2 : 0.7000 (20 day 4 H EMA)
- SUP 3: 0.6928 (138.2% retracement of 0.70545 and 0.73879)
- SUP 4: 0.6842
EUR/GBP has recovered after making a low of 0.6950 trend is still bullish as long as support 0.6925 holds.
The pair's major resistance is around 0.7065 and break above will extend gain till 0.7100/0.7159
It is good to buy at dips around 0.7030 with SL around 0.6945 for the TP of 0.7159/0.7225.
