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EUR/GBP likely to test 0.7220 levels

Wednesday, March 18, 2015 8:24 AM UTC

Pair met headwind pre-0.7220 after squeezing of more shorts Tuesday
0.7220 is Mar 6 low/Mar 9 high & 1.3850 in GBP/EUR
Pair might break above 0.7220 if MPC minutes dovish. 9-0 rate vote forecast
Resistance seen at 0.7220 and further at0.7235, 38.2% of 0.7592-0.7015

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EUR/GBP likely to test 0.7220 levels

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