• EUR/GBP rallied to 0.7435 on GBP weakness, last time cross traded at these levels was May
  
  
• Daily slow stochs are now closing in on overbought levels which could limit further gains
  
  
• EUR/GBP is currently trading at 0.7415 , immediate resistance is seen at 0.7445 (30 DMA Upper Bollinger) ahead of 0.7482 (Daily High May 7)
  
  
• On the flipside support is located at 0.7335 (Daily Low Sept 28) and further below at 0.7326 (21 DMA)
  
  
• In the day ahead: UK consumer credit/mortgage approvals & CBI retail sales survey in pipeline, Carney speaks 1915GMT 
  
  

Recommendation: Sell rallies around 0.7425, SL: 0.7450, TP: 0.7340 

Resistance Levels:

R1: 0.7445 (30 DMA Upper Bollinger)

R2: 0.7482 (Daily High May 7)

R3: 0.7510 (Daily High Feb 5)

Support Levels:

S1: 0.7335 (Daily Low Sept 28)

S2: 0.7326 (21 DMA)

S3: 0.7316 (10 DMA)