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- RES 4 : 0.7225 (Jul 10th high)
- RES 3: 0.7158 (50 % retracement of 0.7380 and 0.6929)
- RES 2: 0.7120(200 day 4 HMA)
- RES 1: 0.7076 (Cloud top)
PRICE: 0.7065@ 11:39 GMT
- SUP 1: 0.7060 (7 day 4 HEMA)
- SUP2: 0.7020 (20 day 4HMA)
- SUP 2: 0.6960 (Jul 22nd low)
- SUP 3: 0.6928 (138.2% retracement of 0.70545 and 0.73879)
EUR/GBP has made a high of 0.7100 and is currently trading at 0.7060. Overall trend is still bullish as long as support 0.6980 holds.
The pair's major resistance is around 0.7050 and break above will extend gain till 0.7090/0.7125.
It is good to buy at dips around 0.7020 with stop around 0.6980 for the TP of 0.7090/0.7125.
