FxWirePro: EUR/GBP takes resistance at ichimoku cloud, go short on rallies

• RES 3: 0.7295 (61.8% retracement of 0.7385 and 0.7145)

• RES 3: 0.7234 (200 day HMA)

• RES 2: 0.7196 (Cloud bottom)

• RES 1: 0.7153 (20 day H EMA)

      PRICE: 0.7132 @ 12:15 GMT 

• SUP 3: 0.7140 (Jun 17^th low)
  
  
• SUP 4: 0.7115
  
  
• SUP 4: 0.7050 (May 26^th low)
  
  
• SUP 4: 0.700

EUR/GBP has broken major support 0.7165 and this confirms short term weakness, decline till 0.7050 cannot be ruled out

The pair's minor support is around 0.7115 and break below will drag the pair further down till 0.7050/0.7000.

It is good to sell on rallies around 0.7180 with stop around 0.7240 for the target of 0.7080/0.7050.