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- RES 4: 0.7210 (Jun 22nd high)
- RES 3: 0.7193 (200 day 4 HMA)
- RES 2: 0.7095 (Kijun-Sen)
- RES 1: 0.7053 (20 day 4 H EMA)
PRICE: 0.7040@ 11:57 GMT
- SUP 1: 0.6980 (Jun 29th low)_
- SUP 2: 0.6928 (138.2% retracement of 0.70545 and 0.73879)
- SUP 3: 0.6834 (138.2% retracement of 0.7013 and 0.7482)
- SUP 4: 0.6800
EUR/GBP has broken major support 0.6980 and this confirms short term weakness, decline till 0.6835 cannot be ruled out.
The pair's minor support is around 0.6980 and break below will drag the pair further down till 0.6925/0.6835.
It is good sell on rallies around 0.7050 with stop around 0.7100 for the target of 0.7140
