EUR/GBP is pares it gains in European session, good to buy at dips

• RES 3: 0.7509
  
  
• RES 2: 0.74570 (76.4% retracement of 0.7590 and 0.7010)

• RES 2: 0.7420 (May 1^st high)
  
  
• RES1 :0.7385 (Mar 26^th high)
  
  

      PRICE: 0.7375 @12:07 GMT 

• SUP 1: 0.7365 (55 day H EMA)
  
  
• SUP2: 0.7345 (Cloud Top)
  
  
• SUP 2:0.7301 (38.2% retracement of 0.7117 and 0.7417)
  
  
• Sup 3: 0.7260 (200 day HMA)
  
  

EUR/GBP has formed double top around 0.7417 and is slightly retreating from that level. Overall trend is bullish as long as support 0.7300 holds.

The minor support is around 0.7360 and break below will target 0.7315/0.7300.

Indicator (1 hour chart)

CCI (50) - Buy

CCI (14) -Buy

Ichimoku-Neutral

It is good to buy at dips around 0.7350 for the target of 0.7420/0.7445 with stop around 0.7295.